Dupont Fabros Technology, Inc. (NYSE:DFT) General Counsel Richard A. Montfort, Jr. sold 44,712 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $62.60, for a total transaction of $2,798,971.20. Following the sale, the general counsel now directly owns 62,548 shares of the company’s stock, valued at approximately $3,915,504.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Dupont Fabros Technology, Inc. (NYSE:DFT) traded down 0.98% during mid-day trading on Monday, hitting $61.95. 417,354 shares of the stock traded hands. The stock has a market capitalization of $4.80 billion, a PE ratio of 37.73 and a beta of 0.68. Dupont Fabros Technology, Inc. has a one year low of $37.54 and a one year high of $66.18. The company has a 50 day moving average price of $61.88 and a 200-day moving average price of $53.42.

Dupont Fabros Technology (NYSE:DFT) last released its quarterly earnings data on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.77 by $0.39. The company had revenue of $140.70 million for the quarter, compared to analyst estimates of $141.48 million. Dupont Fabros Technology had a return on equity of 19.58% and a net margin of 26.05%. Dupont Fabros Technology’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.64 earnings per share. Equities analysts anticipate that Dupont Fabros Technology, Inc. will post $1.83 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Monday, July 3rd were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date was Thursday, June 29th. Dupont Fabros Technology’s dividend payout ratio is 121.95%.

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A number of institutional investors have recently added to or reduced their stakes in the company. Teachers Advisors LLC boosted 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 valued at $18,195,000 after buying an additional 7,965 shares during the period. Catawba Capital Management VA acquired a new position in shares of Dupont Fabros Technology during the first quarter valued at about $200,000. Creative Planning boosted its position in shares of Dupont Fabros Technology by 56.4% in the first quarter. Creative Planning now owns 3,990 shares of the real estate investment trust’s stock valued at $198,000 after buying an additional 1,439 shares during the period. GW&K Investment Management LLC acquired a new position in shares of Dupont Fabros Technology during the first quarter valued at about $203,000. Finally, LVM Capital Management Ltd. MI boosted its position in shares of Dupont Fabros Technology by 1.7% in the first quarter. LVM Capital Management Ltd. MI now owns 374,965 shares of the real estate investment trust’s stock valued at $18,595,000 after buying an additional 6,375 shares during the period.

Several analysts have recently weighed in on DFT shares. Barclays PLC reaffirmed an “overweight” rating and set a $54.00 price objective (up previously from $53.00) on shares of Dupont Fabros Technology in a report on Wednesday, April 19th. Stifel Nicolaus lowered shares of Dupont Fabros Technology from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $57.00 to $54.00 in a report on Monday, April 24th. Zacks Investment Research lowered shares of Dupont Fabros Technology from a “hold” rating to a “sell” rating in a report on Tuesday, April 25th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Dupont Fabros Technology in a report on Monday, May 1st. Finally, 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. Eleven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Dupont Fabros Technology has an average rating of “Hold” and a consensus price target of $57.63.

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.

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

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