Dupont Fabros Technology, Inc. (NYSE:DFT) had its price target upped by investment analysts at Barclays PLC from $55.00 to $68.00 in a report issued on Tuesday. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Barclays PLC’s price target would suggest a potential upside of 11.55% from the stock’s current price.

DFT has been the subject of a number of other reports. ValuEngine raised shares of Dupont Fabros Technology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. KeyCorp raised shares of Dupont Fabros Technology from a “sector weight” rating to an “overweight” rating and set a $60.00 price objective for the company in a report on Tuesday, May 2nd. Wells Fargo & Company reaffirmed a “market perform” rating on shares of Dupont Fabros Technology in a report on Monday, June 12th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Dupont Fabros Technology in a report on Monday, May 1st. Finally, Macquarie downgraded shares of Dupont Fabros Technology from an “outperform” rating to a “neutral” rating and set a $58.00 price objective for the company. in a report on Tuesday, June 13th. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $57.42.

Dupont Fabros Technology (NYSE:DFT) traded up 0.23% during midday trading on Tuesday, reaching $60.96. 787,739 shares of the company traded hands. The firm has a market capitalization of $4.72 billion, a price-to-earnings ratio of 34.75 and a beta of 0.67. Dupont Fabros Technology has a 12 month low of $37.54 and a 12 month high of $66.18. The firm’s 50 day moving average price is $57.88 and its 200 day moving average price is $50.78.

Dupont Fabros Technology (NYSE:DFT) last released 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. The business had revenue of $139.48 million for the quarter, compared to the consensus estimate of $139.24 million. Dupont Fabros Technology had a return on equity of 22.94% and a net margin of 30.25%. Dupont Fabros Technology’s revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 earnings per share. On average, analysts expect that Dupont Fabros Technology will post $1.82 earnings per share for the current year.

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Large investors have recently bought and sold shares of the stock. Spirit of America Management Corp NY boosted its stake in Dupont Fabros Technology by 13.0% in the second quarter. Spirit of America Management Corp NY now owns 15,250 shares of the real estate investment trust’s stock valued at $933,000 after buying an additional 1,750 shares during the last quarter. V Wealth Management LLC bought a new stake in Dupont Fabros Technology during the second quarter valued at $324,000. Chicago Capital Management LLC bought a new stake in Dupont Fabros Technology during the second quarter valued at $1,320,000. Eqis Capital Management Inc. boosted its stake in Dupont Fabros Technology by 461.0% in the second quarter. Eqis Capital Management Inc. now owns 36,450 shares of the real estate investment trust’s stock valued at $2,229,000 after buying an additional 29,953 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in Dupont Fabros Technology by 217.9% in the second quarter. State of Alaska Department of Revenue now owns 49,720 shares of the real estate investment trust’s stock valued at $3,040,000 after buying an additional 34,080 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.

Analyst Recommendations for Dupont Fabros Technology (NYSE:DFT)

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