Raymond James Financial Services Advisors Inc. increased its holdings in shares of DuPont Fabros Technology, Inc. (NYSE:DFT) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,635 shares of the real estate investment trust’s stock after purchasing an additional 72 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in DuPont Fabros Technology were worth $773,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of DFT. Principal Financial Group Inc. lifted its stake in DuPont Fabros Technology by 6.9% during the first quarter. Principal Financial Group Inc. now owns 15,638 shares of the real estate investment trust’s stock worth $775,000 after purchasing an additional 1,003 shares during the last quarter. Teachers Advisors LLC lifted its stake in DuPont Fabros Technology by 2.0% during the first quarter. Teachers Advisors LLC now owns 422,647 shares of the real estate investment trust’s stock worth $20,959,000 after purchasing an additional 8,465 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in DuPont Fabros Technology by 51.0% during the first quarter. PNC Financial Services Group Inc. now owns 5,568 shares of the real estate investment trust’s stock worth $276,000 after purchasing an additional 1,880 shares during the last quarter. Thrivent Financial For Lutherans lifted its stake in DuPont Fabros Technology by 0.4% during 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 purchasing an additional 100 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in DuPont Fabros Technology by 9.6% during the first quarter. Geode Capital Management LLC now owns 709,936 shares of the real estate investment trust’s stock worth $35,204,000 after purchasing an additional 62,095 shares during the last quarter.

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Several research firms recently weighed in on DFT. ValuEngine upgraded DuPont Fabros Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Royal Bank Of Canada cut DuPont Fabros Technology from an “outperform” rating to a “sector perform” rating and set a $62.00 target price for the company. in a research note on Monday, July 31st. Barclays PLC boosted their target price on DuPont Fabros Technology from $55.00 to $68.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 18th. Cowen and Company restated a “buy” rating and set a $59.00 target price on shares of DuPont Fabros Technology in a research note on Friday, July 21st. Finally, BidaskClub cut DuPont Fabros Technology from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Ten research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $60.15.

In related news, Director Michael A. Coke sold 8,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 20,258 shares of the company’s stock, valued at approximately $1,293,878.46. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Frederic V. Malek sold 17,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $64.07, for a total value of $1,089,190.00. Following the completion of the sale, the director now directly owns 84,775 shares in the company, valued at approximately $5,431,534.25. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 290,459 shares of company stock worth $18,287,183. 5.60% of the stock is currently owned by company insiders.

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

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

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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