Dupont Fabros Technology Inc. (NYSE:DFT) shares fell 1.9% during trading on Thursday . The stock traded as low as $46.55 and last traded at $46.67, with a volume of 344,864 shares traded. The stock had previously closed at $47.57.

Several analysts recently weighed in on the company. Zacks Investment Research lowered Dupont Fabros Technology from a “buy” rating to a “hold” rating in a report on Monday. Citigroup Inc. boosted their price objective on Dupont Fabros Technology from $43.00 to $47.00 and gave the company a “neutral” rating in a report on Thursday, July 7th. Jefferies Group reissued a “hold” rating and issued a $44.00 price objective on shares of Dupont Fabros Technology in a report on Wednesday, July 6th. Barclays PLC reissued an “overweight” rating and issued a $49.00 price objective (up from $48.00) on shares of Dupont Fabros Technology in a report on Friday, June 17th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $44.00 price objective (up from $37.00) on shares of Dupont Fabros Technology in a report on Monday, May 9th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $41.03.

The stock has a 50-day moving average of $45.98 and a 200 day moving average of $39.34. The firm’s market capitalization is $3.45 billion.

Dupont Fabros Technology (NYSE:DFT) last announced its quarterly earnings data on Thursday, April 28th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. The business earned $124.15 million during the quarter, compared to the consensus estimate of $121.41 million. During the same period in the previous year, the business posted $0.61 earnings per share. Dupont Fabros Technology’s revenue was up 15.7% compared to the same quarter last year. Analysts anticipate that Dupont Fabros Technology Inc. will post $2.73 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 15th. Shareholders of record on Friday, July 1st will be paid a $0.47 dividend. The ex-dividend date of this dividend is Wednesday, June 29th. This represents a $1.88 dividend on an annualized basis and a yield of 4.04%.

In other news, CAO James Warren Armstrong sold 2,844 shares of Dupont Fabros Technology stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $42.21, for a total transaction of $120,045.24. Following the transaction, the chief accounting officer now directly owns 7,708 shares of the company’s stock, valued at $325,354.68. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Jeffrey H. Foster sold 13,889 shares of Dupont Fabros Technology stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $46.05, for a total transaction of $639,588.45. Following the transaction, the chief financial officer now directly owns 32,003 shares in the company, valued at $1,473,738.15. The disclosure for this sale can be found here.

Several institutional investors have recently made changes to their positions in the company. Rhumbline Advisers boosted its position in shares of Dupont Fabros Technology by 3.7% in the fourth quarter. Rhumbline Advisers now owns 105,834 shares of the real estate investment trust’s stock worth $3,364,000 after buying an additional 3,735 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Dupont Fabros Technology by 21.0% in the fourth quarter. ProShare Advisors LLC now owns 32,824 shares of the real estate investment trust’s stock worth $1,043,000 after buying an additional 5,690 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of Dupont Fabros Technology by 0.3% in the fourth quarter. New York State Common Retirement Fund now owns 521,429 shares of the real estate investment trust’s stock worth $16,576,000 after buying an additional 1,800 shares in the last quarter. Nationwide Fund Advisors boosted its position in shares of Dupont Fabros Technology by 1.2% in the fourth quarter. Nationwide Fund Advisors now owns 48,668 shares of the real estate investment trust’s stock worth $1,547,000 after buying an additional 573 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in shares of Dupont Fabros Technology by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 117,035 shares of the real estate investment trust’s stock worth $3,721,000 after buying an additional 1,914 shares in the last quarter.

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

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