Dimensional Fund Advisors LP increased its holdings in DuPont Fabros Technology, Inc. (NYSE:DFT) by 4.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,080,464 shares of the real estate investment trust’s stock after acquiring an additional 49,423 shares during the period. Dimensional Fund Advisors LP owned approximately 1.39% of DuPont Fabros Technology worth $66,081,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Thrivent Financial For Lutherans grew its position in DuPont Fabros Technology by 0.4% in the first quarter. Thrivent Financial For Lutherans now owns 27,083 shares of the real estate investment trust’s stock worth $1,343,000 after acquiring an additional 100 shares during the period. AlphaMark Advisors LLC lifted its stake in DuPont Fabros Technology by 0.7% during the second quarter. AlphaMark Advisors LLC now owns 15,100 shares of the real estate investment trust’s stock worth $924,000 after purchasing an additional 100 shares in the last quarter. Great West Life Assurance Co. Can lifted its stake in DuPont Fabros Technology by 0.3% during the second quarter. Great West Life Assurance Co. Can now owns 45,580 shares of the real estate investment trust’s stock worth $2,782,000 after purchasing an additional 140 shares in the last quarter. Renaissance Group LLC lifted its stake in DuPont Fabros Technology by 2.5% during the second quarter. Renaissance Group LLC now owns 7,311 shares of the real estate investment trust’s stock worth $447,000 after purchasing an additional 178 shares in the last quarter. Finally, Penserra Capital Management LLC lifted its stake in DuPont Fabros Technology by 9.4% during the second quarter. Penserra Capital Management LLC now owns 2,268 shares of the real estate investment trust’s stock worth $138,000 after purchasing an additional 195 shares in the last quarter.

DuPont Fabros Technology, Inc. (NYSE:DFT) opened at 66.31 on Friday. The firm’s 50-day moving average price is $64.75 and its 200-day moving average price is $57.90. The firm has a market capitalization of $5.14 billion, a PE ratio of 40.38 and a beta of 0.68. DuPont Fabros Technology, Inc. has a 1-year low of $37.54 and a 1-year high of $69.33.

DuPont Fabros Technology (NYSE:DFT) last announced its quarterly earnings data on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.39). DuPont Fabros Technology had a net margin of 26.98% and a return on equity of 17.13%. The company had revenue of $140.70 million for the quarter, compared to analysts’ expectations of $141.48 million. During the same period in the prior year, the firm earned $0.64 earnings per share. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. On average, equities research analysts predict that DuPont Fabros Technology, Inc. will post $1.77 EPS for the current fiscal year.

In related news, General Counsel Richard A. Montfort, Jr. sold 44,712 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $62.60, for a total transaction of $2,798,971.20. Following the completion of the sale, the general counsel now directly owns 62,548 shares of the company’s stock, valued at approximately $3,915,504.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Frederic V. Malek sold 30,000 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $62.71, for a total transaction of $1,881,300.00. Following the sale, the director now directly owns 112,375 shares of the company’s stock, valued at $7,047,036.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 801,397 shares of company stock valued at $49,701,799. 5.60% of the stock is owned by corporate insiders.

A number of research analysts have commented on the company. UBS AG cut DuPont Fabros Technology from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 22nd. BidaskClub cut DuPont Fabros Technology from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Royal Bank Of Canada cut DuPont Fabros Technology from an “outperform” rating to a “sector perform” rating and set a $62.00 price target on the stock. in a research note on Monday, July 31st. TheStreet cut DuPont Fabros Technology from a “b” rating to a “c+” rating in a research note on Monday, July 31st. Finally, Raymond James Financial, Inc. restated a “market perform” rating on shares of DuPont Fabros Technology in a research note on Thursday, June 22nd. Ten research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $60.15.

TRADEMARK VIOLATION NOTICE: This piece was first reported by Daily Political and is the property of of Daily Political. If you are viewing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece can be read at https://www.dailypolitical.com/2017/10/13/dimensional-fund-advisors-lp-has-66-08-million-position-in-dupont-fabros-technology-inc-dft.html.

DuPont Fabros Technology Profile

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.

Want to see what other hedge funds are holding DFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont Fabros Technology, Inc. (NYSE:DFT).

Institutional Ownership by Quarter for DuPont Fabros Technology (NYSE:DFT)

Receive News & Ratings for DuPont Fabros Technology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont Fabros Technology Inc. and related companies with MarketBeat.com's FREE daily email newsletter.