BT Investment Management Ltd Buys New Position in Dupont Fabros Technology, Inc. (DFT)

BT Investment Management Ltd bought a new position in shares of Dupont Fabros Technology, Inc. (NYSE:DFT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 88,200 shares of the real estate investment trust’s stock, valued at approximately $5,394,000. BT Investment Management Ltd owned 0.11% of Dupont Fabros Technology as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Dupont Fabros Technology by 1.5% in the first quarter. Vanguard Group Inc. now owns 13,760,518 shares of the real estate investment trust’s stock valued at $682,384,000 after purchasing an additional 202,827 shares in the last quarter. BlackRock Inc. boosted its holdings in Dupont Fabros Technology by 3,277.7% in the first quarter. BlackRock Inc. now owns 6,689,865 shares of the real estate investment trust’s stock valued at $331,749,000 after purchasing an additional 6,491,806 shares in the last quarter. State Street Corp boosted its holdings in Dupont Fabros Technology by 15.1% in the first quarter. State Street Corp now owns 2,813,663 shares of the real estate investment trust’s stock valued at $139,529,000 after purchasing an additional 370,099 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in Dupont Fabros Technology by 263.6% in the second quarter. Daiwa Securities Group Inc. now owns 2,437,272 shares of the real estate investment trust’s stock valued at $149,064,000 after purchasing an additional 1,767,028 shares in the last quarter. Finally, AEW Capital Management L P boosted its holdings in Dupont Fabros Technology by 1.9% in the second quarter. AEW Capital Management L P now owns 2,359,739 shares of the real estate investment trust’s stock valued at $144,322,000 after purchasing an additional 43,620 shares in the last quarter.

DFT has been the subject of a number of research analyst reports. ValuEngine raised Dupont Fabros Technology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub raised Dupont Fabros Technology from a “buy” rating to a “strong-buy” rating in a report on Friday, August 25th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $64.00 price target on shares of Dupont Fabros Technology in a report on Friday, July 21st. Barclays PLC upped their price target on Dupont Fabros Technology from $55.00 to $68.00 and gave the company an “overweight” rating in a report on Tuesday, July 18th. Finally, TheStreet downgraded Dupont Fabros Technology from a “b” rating to a “c+” rating in a report on Monday, July 31st. Eleven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $58.59.

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In related news, Director Michael A. Coke sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $63.87, for a total transaction of $510,960.00. Following the completion of the transaction, the director now owns 20,258 shares in the company, valued at approximately $1,293,878.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Richard A. Montfort, Jr. sold 44,712 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $62.60, for a total value of $2,798,971.20. Following the transaction, the general counsel now owns 62,548 shares of the company’s stock, valued at approximately $3,915,504.80. The disclosure for this sale can be found here. Insiders have sold a total of 801,397 shares of company stock valued at $49,701,799 in the last 90 days. Insiders own 5.60% of the company’s stock.

Dupont Fabros Technology, Inc. (DFT) traded down 2.31% during midday trading on Friday, hitting $66.31. The stock had a trading volume of 4,402,742 shares. The company has a 50-day moving average price of $63.75 and a 200-day moving average price of $56.81. The company has a market cap of $5.14 billion, a price-to-earnings ratio of 40.38 and a beta of 0.68. Dupont Fabros Technology, Inc. has a 12-month low of $37.54 and a 12-month high of $69.33.

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). Dupont Fabros Technology had a net margin of 26.05% and a return on equity of 19.58%. The company had revenue of $140.70 million for the quarter, compared to analyst estimates of $141.48 million. During the same quarter in the prior year, the firm earned $0.64 EPS. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. Equities analysts anticipate that Dupont Fabros Technology, Inc. will post $1.77 EPS for the current year.

Dupont Fabros Technology 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.

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Institutional Ownership by Quarter for Dupont Fabros Technology (NYSE:DFT)

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