Shares of DuPont Fabros Technology, Inc. (NYSE:DFT) have received a consensus recommendation of “Hold” from the seventeen research firms that are currently covering the company, MarketBeat reports. Ten investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $60.15.

Several research analysts have issued reports on the stock. Royal Bank Of Canada lowered shares of DuPont Fabros Technology from an “outperform” rating to a “sector perform” rating and set a $62.00 price target for the company. in a report on Monday, July 31st. ValuEngine upgraded shares of DuPont Fabros Technology from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub lowered shares of DuPont Fabros Technology from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 8th. Finally, TheStreet lowered shares of DuPont Fabros Technology from a “b” rating to a “c+” rating in a report on Monday, July 31st.

Shares of DuPont Fabros Technology (NYSE DFT) traded down $1.57 during midday trading on Thursday, reaching $66.31. 4,402,700 shares of the company were exchanged, compared to its average volume of 883,602. DuPont Fabros Technology has a 1-year low of $37.54 and a 1-year high of $69.33. The company has a debt-to-equity ratio of 1.90, a current ratio of 0.10 and a quick ratio of 0.10.

In other news, Director Michael A. Coke sold 8,000 shares of DuPont Fabros Technology stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $63.87, for a total value of $510,960.00. Following the completion of the sale, the director now owns 20,258 shares in the company, valued at approximately $1,293,878.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.60% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Grove Bank & Trust increased its stake in shares of DuPont Fabros Technology by 36.6% in the 2nd quarter. Grove Bank & Trust now owns 1,830 shares of the real estate investment trust’s stock valued at $112,000 after acquiring an additional 490 shares in the last quarter. Schroder Investment Management Group acquired a new stake in DuPont Fabros Technology in the 2nd quarter valued at $115,000. Penserra Capital Management LLC grew its position in DuPont Fabros Technology by 9.4% in the 2nd quarter. Penserra Capital Management LLC now owns 2,268 shares of the real estate investment trust’s stock valued at $138,000 after purchasing an additional 195 shares during the period. C M Bidwell & Associates Ltd. grew its position in DuPont Fabros Technology by 142.1% in the 2nd quarter. C M Bidwell & Associates Ltd. now owns 2,385 shares of the real estate investment trust’s stock valued at $146,000 after purchasing an additional 1,400 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new stake in DuPont Fabros Technology in the 3rd quarter valued at $146,000.

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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.

Analyst Recommendations for DuPont Fabros Technology (NYSE:DFT)

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