A number of research firms have changed their ratings and price targets for Dupont Fabros Technology (NYSE: DFT):

  • 7/31/2017 – Dupont Fabros Technology was downgraded by analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating. They now have a $62.00 price target on the stock.
  • 7/31/2017 – Dupont Fabros Technology was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 7/21/2017 – Dupont Fabros Technology had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $64.00 price target on the stock.
  • 7/21/2017 – Dupont Fabros Technology had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $59.00 price target on the stock.
  • 7/18/2017 – Dupont Fabros Technology had its price target raised by analysts at Barclays PLC from $55.00 to $68.00. They now have an “overweight” rating on the stock.
  • 7/14/2017 – Dupont Fabros Technology had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $63.00 price target on the stock.
  • 6/22/2017 – Dupont Fabros Technology was downgraded by analysts at UBS AG from an “outperform” rating to a “market perform” rating.
  • 6/22/2017 – Dupont Fabros Technology had its “market perform” rating reaffirmed by analysts at Raymond James Financial, Inc..
  • 6/13/2017 – Dupont Fabros Technology was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating. They now have a $58.00 price target on the stock.
  • 6/12/2017 – Dupont Fabros Technology was downgraded by analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating. They now have a $62.00 price target on the stock, up previously from $59.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 6/12/2017 – Dupont Fabros Technology was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating. They now have a $63.00 price target on the stock, up previously from $53.00.
  • 6/12/2017 – Dupont Fabros Technology had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company.
  • 6/12/2017 – Dupont Fabros Technology had its “neutral” rating reaffirmed by analysts at Compass Point. They now have a $62.00 price target on the stock, up previously from $57.50.

Dupont Fabros Technology, Inc. (NYSE:DFT) traded down 0.98% during trading on Monday, hitting $61.95. The stock had a trading volume of 417,354 shares. The company’s 50 day moving average is $61.88 and its 200-day moving average is $53.42. The company has a market cap of $4.80 billion, a PE ratio of 37.73 and a beta of 0.68. Dupont Fabros Technology, Inc. has a 12 month low of $37.54 and a 12 month high of $66.18.

Dupont Fabros Technology (NYSE:DFT) last released its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.77 by $0.39. Dupont Fabros Technology had a net margin of 26.05% and a return on equity of 19.58%. The firm had revenue of $140.70 million during the quarter, compared to analysts’ expectations of $141.48 million. During the same quarter last year, the business earned $0.64 EPS. The business’s revenue was up 9.6% compared to the same quarter last year. On average, equities research analysts predict that Dupont Fabros Technology, Inc. will post $1.83 earnings per share for the current year.

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

In related news, CFO Jeffrey H. Foster sold 64,843 shares of the stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $61.49, for a total value of $3,987,196.07. Following the completion of the sale, the chief financial officer now owns 40,447 shares of the company’s stock, valued at $2,487,086.03. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Scott A. Davis sold 44,067 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $62.50, for a total value of $2,754,187.50. Following the completion of the sale, the executive vice president now directly owns 104,997 shares of the company’s stock, valued at approximately $6,562,312.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 776,397 shares of company stock valued at $48,101,649. Insiders own 5.60% of the company’s stock.

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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