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

A number of brokerages recently weighed in on DFT. Jefferies Group restated a “hold” rating and issued a $44.00 price objective (up previously from $42.00) on shares of Dupont Fabros Technology in a report on Monday, May 16th. Citigroup Inc. lifted their price objective on shares of Dupont Fabros Technology from $43.00 to $47.00 and gave the company a “neutral” rating in a report on Thursday, July 7th. Barclays PLC restated an “overweight” rating and issued a $49.00 price objective (up previously from $48.00) on shares of Dupont Fabros Technology in a report on Friday, June 17th. Zacks Investment Research cut shares of Dupont Fabros Technology from a “buy” rating to a “hold” rating in a report on Monday, July 11th. Finally, Janney Montgomery Scott cut shares of Dupont Fabros Technology from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $42.10 to $24.88 in a report on Friday, April 8th. They noted that the move was a valuation call. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $41.03.

The stock’s market capitalization is $3.44 billion. The stock has a 50-day moving average price of $46.11 and a 200 day moving average price of $39.44.

Dupont Fabros Technology (NYSE:DFT) last released its earnings results on Thursday, April 28th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.01. The firm earned $124.15 million during the quarter, compared to analysts’ expectations of $121.41 million. Dupont Fabros Technology’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter last year, the company posted $0.61 earnings per share. Analysts forecast that Dupont Fabros Technology Inc. will post $2.74 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Friday, July 1st were issued a dividend of $0.47 per share. The ex-dividend date was Wednesday, June 29th. This represents a $1.88 annualized dividend and a dividend yield of 4.04%.

In other news, CAO James Warren Armstrong sold 2,844 shares of the stock in a transaction dated 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 in the company, valued at approximately $325,354.68. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael A. Coke sold 5,000 shares of the stock in a transaction dated Tuesday, June 14th. The stock was sold at an average price of $45.62, for a total transaction of $228,100.00. Following the transaction, the director now owns 26,945 shares in the company, valued at $1,229,230.90. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently made changes to their positions in the company. Advisors Asset Management Inc. raised its position in shares of Dupont Fabros Technology by 7.0% in the fourth quarter. Advisors Asset Management Inc. now owns 31,505 shares of the real estate investment trust’s stock valued at $1,002,000 after buying an additional 2,062 shares during the last quarter. ProShare Advisors LLC raised 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 valued at $1,043,000 after buying an additional 5,690 shares during the last quarter. Alpine Woods Capital Investors LLC raised its position in shares of Dupont Fabros Technology by 2.5% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 41,352 shares of the real estate investment trust’s stock valued at $1,315,000 after buying an additional 1,000 shares during the last quarter. US Bancorp DE raised its position in shares of Dupont Fabros Technology by 14.7% in the fourth quarter. US Bancorp DE now owns 47,121 shares of the real estate investment trust’s stock valued at $1,499,000 after buying an additional 6,049 shares during the last quarter. Finally, Nationwide Fund Advisors raised 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 valued at $1,547,000 after buying an additional 573 shares during 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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