Dupont Fabros Technology, Inc. (DFT) EVP Sells $2,754,187.50 in Stock

Dupont Fabros Technology, Inc. (NYSE:DFT) EVP Scott A. Davis sold 44,067 shares of the firm’s stock in a transaction dated Friday, August 4th. The stock was 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 directly owns 104,997 shares in the company, valued at $6,562,312.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Dupont Fabros Technology, Inc. (NYSE:DFT) traded down 0.45% during mid-day trading on Friday, hitting $62.29. 231,760 shares of the company were exchanged. Dupont Fabros Technology, Inc. has a 12-month low of $37.54 and a 12-month high of $66.18. The stock has a market cap of $4.83 billion, a PE ratio of 37.94 and a beta of 0.68. The stock’s 50-day moving average price is $61.33 and its 200 day moving average price is $54.66.

Dupont Fabros Technology (NYSE:DFT) last issued 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. The firm had revenue of $140.70 million during the quarter, compared to analyst estimates of $141.48 million. Dupont Fabros Technology had a net margin of 26.05% and a return on equity of 19.58%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 earnings per share. On average, equities analysts anticipate that Dupont Fabros Technology, Inc. will post $1.80 EPS for the current fiscal year.

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Several equities research analysts have issued reports on DFT shares. Jefferies Group LLC reaffirmed a “hold” rating and set a $63.00 price target on shares of Dupont Fabros Technology in a research note on Friday, July 14th. KeyCorp raised shares of Dupont Fabros Technology from a “sector weight” rating to an “overweight” rating and set a $60.00 target price on the stock in a research report on Tuesday, May 2nd. Royal Bank Of Canada reissued a “buy” rating on shares of Dupont Fabros Technology in a research report on Monday, May 1st. Zacks Investment Research raised shares of Dupont Fabros Technology from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. Finally, Compass Point reaffirmed a “neutral” rating and set a $62.00 price target (up from $57.50) on shares of Dupont Fabros Technology in a research report on Monday, June 12th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $57.63.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Trust Co. of Toledo NA OH raised its position in shares of Dupont Fabros Technology by 0.3% in the first quarter. Trust Co. of Toledo NA OH now owns 10,125 shares of the real estate investment trust’s stock worth $502,000 after buying an additional 32 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Dupont Fabros Technology by 0.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 12,635 shares of the real estate investment trust’s stock worth $773,000 after buying an additional 72 shares during the last quarter. Quotient Investors LLC raised its position in shares of Dupont Fabros Technology by 1.0% in the first quarter. Quotient Investors LLC now owns 10,100 shares of the real estate investment trust’s stock worth $501,000 after buying an additional 100 shares during the last quarter. Thrivent Financial For Lutherans raised its position in shares of 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 buying an additional 100 shares during the last quarter. Finally, AlphaMark Advisors LLC raised its position in shares of Dupont Fabros Technology by 0.7% in the second quarter. AlphaMark Advisors LLC now owns 15,100 shares of the real estate investment trust’s stock worth $924,000 after buying an additional 100 shares during the last quarter.

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.

Insider Buying and Selling by Quarter for Dupont Fabros Technology (NYSE:DFT)

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