Qts Realty Trust, Inc. (QTS) Files Form 4 Insider Selling : Peter Marino Sells 10,000 Shares

Qts Realty Trust, Inc. (QTS): Peter Marino , director of Qts Realty Trust, Inc. sold 10,000 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $54.42 per share for a total value of $544,200.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 13, 2016, Shirley E. Goza (Secretary) sold 18,587 shares at $54.37 per share price.On Jun 13, 2016, John W Barter (director) sold 10,533 shares at $54.52 per share price.Also, On Mar 16, 2016, Jeffrey H. Berson (Chief Investment Officer) sold 16,000 shares at $45.77 per share price.

Shares of QTS Realty Trust Inc (QTS) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.53 points or -0.97% at $53.91 with 1,95,354 shares getting traded. Post opening the session at $54.25, the shares hit an intraday low of $53.83 and an intraday high of $54.44 and the price vacillated in this range throughout the day. The company has a market cap of $2,575 M and the number of outstanding shares has been calculated to be 4,77,57,279 shares. The 52-week high of QTS Realty Trust Inc is $55.16 and the 52-week low is $35.82.

QTS Realty Trust Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.QTS Realty Trust Inc is Initiated by Canaccord Genuity to Buy and the brokerage firm has set the Price Target at $63. The Rating was issued on Jun 7, 2016.QTS Realty Trust Inc is Initiated by Wells Fargo to Outperform. The Rating was issued on Jun 1, 2016.QTS Realty Trust Inc is Downgraded by Stifel to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 10, 2016.

QTS Realty Trust Inc. (QTS) is an owner developer and operator of carrier-neutral and multi-tenant data centers. The Company’s data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers. The Company has an integrated platform through which it owns and operates its data centers and provides a range of IT infrastructure solutions. Its spectrum of core data center products referred to as 3Cs which consists of Custom Data Center Colocation and Cloud and Managed Services. The Company operates a portfolio of over 12 data centers across approximately eight states. The Company’s data centers facilities used by its customers to house power and cool the networking equipment and computer systems that support their business processes. QTS’s customers include financial institutions healthcare companies Government agencies communications service providers software companies and Internet companies.

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