QTS Realty Trust, Inc. Class A (NYSE:QTS):
QTS Now Offers AWS Direct Connect in its Chicago Mega Data Center.
In the market the company is trading down from yesterday’s close of $47.45.
Additionally the company declared a dividend for shareholders paid on Wednesday the 5th of October 2016. The dividend was $0.360 per share for the quarter or $1.44 on an annualized basis. This dividend represents a yeild of $2.70 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Friday the 16th of September 2016.
Company shares last traded at $46.71 marginally under the 50 day moving average which is $52.44 and which is just under the 200 day moving average of $53.09. The 50 day moving average was down $-5.73 and the 200 day average went down by -12.01%.
The company currently has a P/E ratio of 100.24 and the market cap is 2.24B. As of the last earnings report the EPS was $0.47 and is expected to be $2.60 for the current year with 47,857,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.66 and the next full year EPS is projected to be $2.90.
Several Wall Street investment firms have issued ratings on the company of late. On October 7 analysts at started covering the stock by announcing an initial rating of “Outperform”. Equity analyst Raymond James started coverage setting a rating of “Outperform”.
SunTrust Robinson Humphrey began coverage with an initial rating of “Buy” and a price target of $65.00. On July 18 Deutsche Bank held the company rating at “Hold” but moved up the price target from $49.00 to $56.00.
On June 6, 2016 Canaccord Genuity started covering QTS giving it an initial rating of “Buy” and establishing a price target of $63.00. On June 1 analysts at Wells Fargo initiated coverage on the stock with a rating of “Outperform”.