Pont Lammot J. Du Sells 296,185 Shares of Dupont Fabros Technology, Inc. (NYSE:DFT) Stock

Dupont Fabros Technology, Inc. (NYSE:DFT) Chairman Pont Lammot J. Du sold 296,185 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $61.48, for a total value of $18,209,453.80. Following the completion of the sale, the chairman now owns 215,673 shares of the company’s stock, valued at approximately $13,259,576.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Dupont Fabros Technology, Inc. (DFT) traded down 0.45% during trading on Friday, reaching $62.29. 231,760 shares of the company’s stock traded hands. Dupont Fabros Technology, Inc. has a 12 month low of $37.54 and a 12 month high of $66.18. The firm has a market cap of $4.83 billion, a PE ratio of 37.94 and a beta of 0.68. The firm has a 50 day moving average price of $61.33 and a 200-day moving average price of $54.66.

Dupont Fabros Technology (NYSE:DFT) last issued its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the Zacks’ 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 firm had revenue of $140.70 million for the quarter, compared to the consensus estimate of $141.48 million. During the same period last year, the company posted $0.64 EPS. The business’s revenue was up 9.6% on a year-over-year basis. On average, analysts forecast that Dupont Fabros Technology, Inc. will post $1.80 earnings per share for the current fiscal year.

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Several hedge funds have recently modified their holdings of the company. WFG Advisors LP purchased a new stake in shares of Dupont Fabros Technology during the second quarter worth $318,000. Public Employees Retirement System of Ohio increased its stake in shares of Dupont Fabros Technology by 67.0% in the second quarter. Public Employees Retirement System of Ohio now owns 180,324 shares of the real estate investment trust’s stock worth $11,029,000 after buying an additional 72,346 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Dupont Fabros Technology by 0.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 12,635 shares of the real estate investment trust’s stock worth $773,000 after buying an additional 72 shares during the period. C M Bidwell & Associates Ltd. increased its stake in shares of Dupont Fabros Technology by 142.1% in the second quarter. C M Bidwell & Associates Ltd. now owns 2,385 shares of the real estate investment trust’s stock worth $146,000 after buying an additional 1,400 shares during the period. Finally, CNH Partners LLC purchased a new stake in shares of Dupont Fabros Technology during the second quarter worth $190,756,000.

Several analysts recently issued reports on DFT shares. ValuEngine upgraded Dupont Fabros Technology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Stifel Nicolaus reiterated a “hold” rating and set a $64.00 price objective on shares of Dupont Fabros Technology in a report on Friday, July 21st. Barclays PLC increased their price objective on Dupont Fabros Technology from $55.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, July 18th. KeyCorp upgraded Dupont Fabros Technology from a “sector weight” rating to an “overweight” rating and set a $60.00 price objective for the company in a report on Tuesday, May 2nd. Finally, Wells Fargo & Company reiterated a “market perform” rating on shares of Dupont Fabros Technology in a report on Monday, June 12th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $57.63.

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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