Dupont Fabros Technology Inc. (NYSE:DFT) dropped 0.8% on Monday . The company traded as low as $46.77 and last traded at $46.79, with a volume of 157,051 shares trading hands. The stock had previously closed at $47.17.

DFT has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $44.00 price target (up from $37.00) on shares of Dupont Fabros Technology in a report on Monday, May 9th. Jefferies Group reaffirmed a “hold” rating and set a $44.00 price target (up from $42.00) on shares of Dupont Fabros Technology in a report on Monday, May 16th. Barclays PLC reaffirmed an “overweight” rating and set a $49.00 price target (up from $48.00) on shares of Dupont Fabros Technology in a report on Friday, June 17th. Zacks Investment Research raised Dupont Fabros Technology from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a report on Monday, July 4th. Finally, Citigroup Inc. raised their price target on Dupont Fabros Technology from $43.00 to $47.00 and gave the company a “neutral” rating in a report on Thursday, July 7th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Dupont Fabros Technology currently has a consensus rating of “Hold” and a consensus target price of $45.95.

The company has a 50 day moving average price of $47.01 and a 200 day moving average price of $41.91. The company has a market capitalization of $3.33 billion and a price-to-earnings ratio of 11050.00.

Dupont Fabros Technology (NYSE:DFT) last released its earnings results on Thursday, July 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.65 by $0.01. The business earned $128.54 million during the quarter, compared to analysts’ expectations of $127.15 million. Dupont Fabros Technology’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.62 EPS. Equities analysts anticipate that Dupont Fabros Technology Inc. will post $2.77 EPS for the current year.

In other news, CFO Jeffrey H. Foster sold 13,889 shares of the 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 completion of the transaction, the chief financial officer now directly owns 32,003 shares in the company, valued at approximately $1,473,738.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Christopher P. Eldredge sold 5,964 shares of the stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $46.00, for a total value of $274,344.00. Following the completion of the transaction, the chief executive officer now owns 17,828 shares of the company’s stock, valued at $820,088. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have recently made changes to their positions in DFT. Advisors Asset Management Inc. boosted 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 worth $1,002,000 after buying an additional 2,062 shares during the last quarter. Alpine Woods Capital Investors LLC boosted 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 worth $1,315,000 after buying an additional 1,000 shares during the last quarter. US Bancorp DE boosted 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 worth $1,499,000 after buying an additional 6,049 shares during the last quarter. Cornerstone Capital Management Holdings LLC. boosted its position in shares of Dupont Fabros Technology by 8.9% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 68,622 shares of the real estate investment trust’s stock worth $2,181,000 after buying an additional 5,622 shares during the last quarter. Finally, Matarin Capital Management LLC purchased a new position in shares of Dupont Fabros Technology during the fourth quarter worth approximately $4,608,000.

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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