1st Global Advisors Inc. trimmed its stake in DuPont Fabros Technology, Inc. (NYSE:DFT) by 41.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,507 shares of the real estate investment trust’s stock after selling 2,439 shares during the period. 1st Global Advisors Inc.’s holdings in DuPont Fabros Technology were worth $214,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Grove Bank & Trust lifted its position in DuPont Fabros Technology by 36.6% during the 2nd quarter. Grove Bank & Trust now owns 1,830 shares of the real estate investment trust’s stock valued at $112,000 after acquiring an additional 490 shares during the period. Schroder Investment Management Group purchased a new position in DuPont Fabros Technology during the 2nd quarter valued at about $115,000. Penserra Capital Management LLC lifted its position in DuPont Fabros Technology by 9.4% during the 2nd quarter. Penserra Capital Management LLC now owns 2,268 shares of the real estate investment trust’s stock valued at $138,000 after acquiring an additional 195 shares during the period. C M Bidwell & Associates Ltd. lifted its position in DuPont Fabros Technology by 142.1% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 2,385 shares of the real estate investment trust’s stock valued at $146,000 after acquiring an additional 1,400 shares during the period. Finally, Victory Capital Management Inc. lifted its position in DuPont Fabros Technology by 510.6% during the 2nd quarter. Victory Capital Management Inc. now owns 2,870 shares of the real estate investment trust’s stock valued at $176,000 after acquiring an additional 2,400 shares during the period.

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DFT has been the subject of several recent analyst reports. Jefferies Group LLC reaffirmed a “hold” rating and issued a $63.00 target price on shares of DuPont Fabros Technology in a report on Friday, July 14th. Barclays PLC lifted their target price on shares of DuPont Fabros Technology from $55.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, July 18th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $64.00 target price on shares of DuPont Fabros Technology in a report on Friday, July 21st. Cowen and Company reiterated a “buy” rating and issued a $59.00 price target on shares of DuPont Fabros Technology in a research note on Friday, July 21st. Finally, Royal Bank Of Canada lowered shares of DuPont Fabros Technology from an “outperform” rating to a “sector perform” rating and set a $62.00 price target for the company. in a research note on Monday, July 31st. Ten investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $60.15.

DuPont Fabros Technology, Inc. (NYSE DFT) opened at 66.31 on Friday. DuPont Fabros Technology, Inc. has a 52-week low of $37.54 and a 52-week high of $69.33. The firm’s 50-day moving average is $64.75 and its 200-day moving average is $57.90. The company has a market cap of $5.14 billion, a PE ratio of 40.38 and a beta of 0.68.

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

In other news, CFO Jeffrey H. Foster sold 64,843 shares of DuPont Fabros Technology stock in a transaction on Friday, July 28th. The stock was sold at an average price of $61.49, for a total transaction of $3,987,196.07. Following the transaction, the chief financial officer now owns 40,447 shares in the company, valued at approximately $2,487,086.03. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael A. Coke sold 8,000 shares of DuPont Fabros Technology stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $63.87, for a total value of $510,960.00. Following the transaction, the director now owns 20,258 shares in the company, valued at approximately $1,293,878.46. The disclosure for this sale can be found here. In the last quarter, insiders have sold 801,397 shares of company stock worth $49,701,799. Insiders own 5.60% of the company’s stock.

DuPont Fabros Technology Company 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.

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

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