Qts Realty Trust Inc (NYSE:QTS).
Eagle Boston Investment Management Inc bought 4,933 shares last quarter increasing its holdings in Qts Realty Trust Inc by 1.7%. Its investment stood at $15,565,000 an increase of $338,000 as of quarter end.
These firms have modified their investment in QTS. As of the end of the quarter Raymond James & Associates had acquired a total of 2,020 shares growing its stake by 3.3%. The value of the company’s investment in Qts Realty Trust Inc went from $3,208,000 to $3,315,000 a change of $107,000 for the reporting period. As of quarter end Dimensional Fund Advisors Lp had bought 25,487 shares growing its holdings by 3.8%. The value of the total investment in Qts Realty Trust Inc increased from $34,760,000 to $36,114,000 a change of 3.9% quarter to quarter.
As of quarter end Harbor Spring Capital, LLC had disposed of a total of 134,000 shares trimming its position 23.7%. The value of the investment in QTS went from $29,566,000 to $22,567,000 decreasing 23.7% since the last quarter.
J P Morgan Chase & Co raised the price target of the stock on October 30 boosting the projection from $59.00 to $60.00 and issued a “Neutral” recommendation. Credit Suisse Group issued a report on QTS stating a rating of “Hold” and price target of $55.00.
Equity analyst SunTrust Banks raised the price target on October 26 changing the forecast from $62.00 to $64.00 with a rating of “Buy”. On September 6 Royal Bank Of Canada maintained a company rating of “Buy” projecting a price of $60.00.
August 25 investment analysts at Morgan Stanley kept the stock rating at “Equal Weight” with a current price target of $58.00. August 11 investment analysts at Deutsche Bank AG held the company rating at “Hold” targeting a price of $52.00.
In the market the company is trading down by 1.99% since yesterday’s close of 58.26. Qts Realty Trust Inc currently has a P/E ratio of 157.37 and market capitalization is 2.88B. In the last earnings report the EPS was $0.36 with 50.42M shares outstanding.
Traders are a little more bearish on shares of the company recently as evidenced by the motion in short interest. The company experienced a rise in short interest from September 29, 2017 to October 13, 2017 of 20.75%. Short interest increased from 3,276,687 to 3,956,532 over that timeframe. With short interest at 3,956,532 and short average daily volume at 406,589, the short-interest ratio is 10.0 and the short interest percentage is 0.08% as of October 13.