Dupont Fabros Technology Inc. (NYSE:DFT)’s share price traded up 2.8% during mid-day trading on Friday . The company traded as high as $47.65 and last traded at $47.60, with a volume of 804,817 shares traded. The stock had previously closed at $46.30.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised Dupont Fabros Technology from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Monday. Jefferies Group restated a “hold” rating and set a $44.00 price objective (up from $42.00) on shares of Dupont Fabros Technology in a research note on Monday, May 16th. Barclays PLC restated an “overweight” rating and set a $49.00 price objective (up from $48.00) on shares of Dupont Fabros Technology in a research note on Friday, June 17th. Citigroup Inc. upped their price objective on Dupont Fabros Technology from $43.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday, July 7th. Finally, SunTrust Banks Inc. assumed coverage on Dupont Fabros Technology in a research note on Thursday. They set a “buy” rating and a $55.00 price objective for the company. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Dupont Fabros Technology presently has an average rating of “Hold” and a consensus price target of $42.37.

The company’s 50 day moving average price is $46.51 and its 200-day moving average price is $39.82. The firm’s market capitalization is $3.50 billion.

Dupont Fabros Technology (NYSE:DFT) last posted its earnings results on Thursday, April 28th. The real estate investment trust reported $0.67 EPS for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.01. The business earned $124.15 million during the quarter, compared to analysts’ expectations of $121.41 million. During the same quarter in the prior year, the firm earned $0.61 EPS. Dupont Fabros Technology’s revenue for the quarter was up 15.7% compared to the same quarter last year. On average, equities analysts predict that Dupont Fabros Technology Inc. will post $2.74 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Friday, July 1st were given a $0.47 dividend. The ex-dividend date was Wednesday, June 29th. This represents a $1.88 dividend on an annualized basis and a yield of 3.97%.

In other Dupont Fabros Technology news, 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 value of $639,588.45. Following the sale, the chief financial officer now owns 32,003 shares in the company, valued at $1,473,738.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Maria Kenny sold 25,000 shares of Dupont Fabros Technology stock in a transaction on Friday, June 10th. The shares were sold at an average price of $46.05, for a total value of $1,151,250.00. Following the completion of the sale, the executive vice president now owns 55,756 shares in the company, valued at approximately $2,567,563.80. The disclosure for this sale can be found here.

Other large investors have bought and sold shares of the company. Rhumbline Advisers increased its stake in 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 stake 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 during the last quarter. New York State Common Retirement Fund boosted its stake 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 during the last quarter. Nationwide Fund Advisors boosted its stake 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 during the last quarter. Finally, California State Teachers Retirement System boosted its stake 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 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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