Dupont Fabros Technology, Inc. (NYSE:DFT)‘s stock had its “market perform” rating reissued by investment analysts at Raymond James Financial, Inc. in a report released on Thursday.

Several other research firms have also issued reports on DFT. Macquarie lowered Dupont Fabros Technology from an “outperform” rating to a “neutral” rating and set a $58.00 target price on the stock. in a report on Tuesday, June 13th. Royal Bank Of Canada lowered Dupont Fabros Technology from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from $59.00 to $62.00 in a report on Monday, June 12th. They noted that the move was a valuation call. Robert W. Baird lowered Dupont Fabros Technology from an “outperform” rating to a “neutral” rating and increased their target price for the stock from $53.00 to $63.00 in a report on Monday, June 12th. Wells Fargo & Company reissued a “market perform” rating on shares of Dupont Fabros Technology in a report on Monday, June 12th. Finally, Compass Point reissued a “neutral” rating and set a $62.00 target price (up from $57.50) on shares of Dupont Fabros Technology in a report on Monday, June 12th. Eleven research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $55.65.

Analyst Recommendations for Dupont Fabros Technology (NYSE:DFT)

Shares of Dupont Fabros Technology (NYSE DFT) opened at 64.65 on Thursday. The stock has a 50 day moving average of $55.29 and a 200 day moving average of $49.74. The firm has a market cap of $5.01 billion, a P/E ratio of 36.86 and a beta of 0.74. Dupont Fabros Technology has a 52 week low of $37.54 and a 52 week high of $64.76.

Dupont Fabros Technology (NYSE:DFT) last issued its quarterly earnings data on Thursday, April 27th. The real estate investment trust reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by $0.31. Dupont Fabros Technology had a net margin of 30.25% and a return on equity of 22.94%. The firm had revenue of $139.48 million during the quarter, compared to analyst estimates of $139.24 million. During the same period in the prior year, the company earned $0.67 earnings per share. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. Equities analysts forecast that Dupont Fabros Technology will post $1.82 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Monday, July 3rd will be given a $0.50 dividend. The ex-dividend date is Thursday, June 29th. This represents a $2.00 annualized dividend and a yield of 3.09%. Dupont Fabros Technology’s dividend payout ratio is presently 113.64%.

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A number of institutional investors have recently bought and sold shares of the stock. Teachers Advisors LLC increased its position in shares of 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. Credit Agricole S A increased its position in shares of 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. Pacer Advisors Inc. increased its position in shares of 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 position in shares of 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, Catawba Capital Management VA bought a new position in shares of Dupont Fabros Technology during the first quarter worth about $200,000.

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.

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