Dupont Fabros Technology, Inc. (NYSE:DFT) EVP Scott A. Davis sold 44,067 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $62.50, for a total transaction of $2,754,187.50. Following the sale, the executive vice president now owns 104,997 shares in the company, valued at $6,562,312.50. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Dupont Fabros Technology, Inc. (NYSE DFT) opened at 61.95 on Tuesday. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 37.73 and a beta of 0.68. Dupont Fabros Technology, Inc. has a 52-week low of $37.54 and a 52-week high of $66.18. The company has a 50-day moving average of $61.88 and a 200-day moving average of $53.42.

Dupont Fabros Technology (NYSE:DFT) last released its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by $0.39. The company had revenue of $140.70 million during the quarter, compared to analysts’ expectations of $141.48 million. Dupont Fabros Technology had a net margin of 26.05% and a return on equity of 19.58%. Dupont Fabros Technology’s revenue was up 9.6% on a year-over-year basis. During the same period last year, the firm posted $0.64 earnings per share. Equities research analysts anticipate that Dupont Fabros Technology, Inc. will post $1.83 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Monday, July 3rd were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date was Thursday, June 29th. Dupont Fabros Technology’s dividend payout ratio (DPR) is 121.95%.

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DFT has been the topic of several recent research reports. ValuEngine upgraded shares of Dupont Fabros Technology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Royal Bank Of Canada restated a “buy” rating on shares of Dupont Fabros Technology in a research report on Monday, May 1st. Cowen and Company restated a “buy” rating and set a $59.00 target price on shares of Dupont Fabros Technology in a research report on Friday, July 21st. TheStreet cut shares of Dupont Fabros Technology from a “b” rating to a “c+” rating in a research report on Monday, July 31st. Finally, Zacks Investment Research upgraded shares of Dupont Fabros Technology from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. Eleven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Dupont Fabros Technology has an average rating of “Hold” and a consensus price target of $57.63.

Several large investors have recently added to or reduced their stakes in DFT. Credit Agricole S A increased its stake in Dupont Fabros Technology by 58.7% in the first quarter. Credit Agricole S A now owns 327,700 shares of the real estate investment trust’s stock worth $16,251,000 after buying an additional 121,189 shares during the period. Teachers Advisors LLC increased its stake in Dupont Fabros Technology by 2.0% in the fourth quarter. Teachers Advisors LLC now owns 414,182 shares of the real estate investment trust’s stock worth $18,195,000 after buying an additional 7,965 shares during the period. Pacer Advisors Inc. increased its stake in Dupont Fabros Technology by 22.2% in the first quarter. Pacer Advisors Inc. now owns 10,807 shares of the real estate investment trust’s stock worth $536,000 after buying an additional 1,965 shares during the period. Fagan Associates Inc. increased its stake in Dupont Fabros Technology by 5.6% in the first quarter. Fagan Associates Inc. now owns 16,026 shares of the real estate investment trust’s stock worth $795,000 after buying an additional 852 shares during the period. Finally, Boston Advisors LLC increased its stake in Dupont Fabros Technology by 22.6% in the first quarter. Boston Advisors LLC now owns 333,659 shares of the real estate investment trust’s stock worth $16,546,000 after buying an additional 61,603 shares during the period.

About Dupont Fabros Technology

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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