Press coverage about QTS Realty Trust (NYSE:QTS) has been trending positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QTS Realty Trust earned a news sentiment score of 0.27 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 47.1348530486155 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- QTS Establishes West Coast Connectivity Gateway to Key Eastbound Fiber Routes (finance.yahoo.com)
- QTS Realty Trust (QTS) Scheduled to Post Earnings on Monday (americanbankingnews.com)
- $117.60 Million in Sales Expected for QTS Realty Trust Inc (QTS) This Quarter (americanbankingnews.com)
- Analysts Expect QTS Realty Trust Inc (QTS) Will Post Earnings of $0.73 Per Share (americanbankingnews.com)
Several research firms have issued reports on QTS. Credit Suisse Group downgraded shares of QTS Realty Trust from a “neutral” rating to an “underperform” rating and set a $43.00 price objective on the stock. in a report on Wednesday, January 17th. Zacks Investment Research downgraded shares of QTS Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Jefferies Group decreased their price target on shares of QTS Realty Trust from $71.00 to $65.00 and set a “buy” rating on the stock in a research note on Monday, November 20th. Wells Fargo & Co raised their price target on shares of QTS Realty Trust from $62.50 to $63.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 15th. Finally, JPMorgan Chase & Co. raised their price target on shares of QTS Realty Trust from $59.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. Two analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $58.08.
In other QTS Realty Trust news, COO James H. Reinhart sold 4,050 shares of QTS Realty Trust stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $58.42, for a total transaction of $236,601.00. Following the transaction, the chief operating officer now directly owns 65,595 shares of the company’s stock, valued at $3,832,059.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP William H. Schafer sold 12,500 shares of QTS Realty Trust stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $54.46, for a total transaction of $680,750.00. The disclosure for this sale can be found here. Insiders have sold 28,057 shares of company stock worth $1,587,519 over the last ninety days. 17.30% of the stock is owned by insiders.
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QTS Realty Trust Company Profile
QTS Realty Trust, Inc (QTS) is a provider of secure, compliant data center solutions, hybrid cloud and fully managed services. The Company owns, develops and operates carrier-neutral and multi-tenant data centers. Its data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers.
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