Dupont Fabros Technology, Inc. (NYSE:DFT) EVP Maria Kenny Sells 149,910 Shares

Dupont Fabros Technology, Inc. (NYSE:DFT) EVP Maria Kenny sold 149,910 shares of Dupont Fabros Technology stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $61.49, for a total transaction of $9,217,965.90. Following the completion of the sale, the executive vice president now directly owns 122,638 shares in the company, valued at approximately $7,541,010.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Dupont Fabros Technology, Inc. (NYSE:DFT) traded down 0.45% during midday trading on Friday, reaching $62.29. 231,760 shares of the company were exchanged. Dupont Fabros Technology, Inc. has a 52 week low of $37.54 and a 52 week high of $66.18. The company has a 50-day moving average of $61.33 and a 200 day moving average of $54.66. The firm has a market capitalization of $4.83 billion, a PE ratio of 37.94 and a beta of 0.68.

Dupont Fabros Technology (NYSE:DFT) last released its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.77 by $0.39. Dupont Fabros Technology had a return on equity of 19.58% and a net margin of 26.05%. The business had revenue of $140.70 million for the quarter, compared to the consensus estimate of $141.48 million. During the same quarter last year, the business posted $0.64 earnings per share. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. Equities analysts predict that Dupont Fabros Technology, Inc. will post $1.80 earnings per share for the current year.

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DFT has been the subject of several recent research reports. Stifel Nicolaus downgraded shares of Dupont Fabros Technology from a “buy” rating to a “hold” rating and reduced their target price for the stock from $57.00 to $54.00 in a research note on Monday, April 24th. Zacks Investment Research downgraded shares of Dupont Fabros Technology from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th. Royal Bank Of Canada reiterated a “buy” rating on shares of Dupont Fabros Technology in a research note on Monday, May 1st. KeyCorp upgraded shares of Dupont Fabros Technology from a “sector weight” rating to an “overweight” rating and set a $60.00 target price for the company in a research note on Tuesday, May 2nd. Finally, ValuEngine upgraded shares of Dupont Fabros Technology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $57.63.

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Dupont Fabros Technology by 1.5% in the first quarter. Vanguard Group Inc. now owns 13,760,518 shares of the real estate investment trust’s stock valued at $682,384,000 after buying an additional 202,827 shares during the period. BlackRock Inc. increased its stake in Dupont Fabros Technology by 3,277.7% in the first quarter. BlackRock Inc. now owns 6,689,865 shares of the real estate investment trust’s stock valued at $331,749,000 after buying an additional 6,491,806 shares during the period. CNH Partners LLC purchased a new stake in Dupont Fabros Technology during the second quarter valued at $190,756,000. State Street Corp increased its stake in Dupont Fabros Technology by 15.1% in the first quarter. State Street Corp now owns 2,813,663 shares of the real estate investment trust’s stock valued at $139,529,000 after buying an additional 370,099 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in Dupont Fabros Technology by 263.6% in the second quarter. Daiwa Securities Group Inc. now owns 2,437,272 shares of the real estate investment trust’s stock valued at $149,064,000 after buying an additional 1,767,028 shares during the last quarter.

Dupont Fabros Technology Company Profile

DuPont Fabros Technology, Inc (DFT) is a real estate investment trust (REIT). The Company owns, acquires, develops and operates wholesale data centers. The Company’s customers include national and international enterprises across various industries, such as technology, Internet, content providers, cloud providers, media, communications, healthcare and financial services.

Insider Buying and Selling by Quarter for Dupont Fabros Technology (NYSE:DFT)

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