Forsta AP Fonden boosted its stake in Dupont Fabros Technology, Inc. (NYSE:DFT) by 141.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,400 shares of the real estate investment trust’s stock after buying an additional 13,700 shares during the period. Forsta AP Fonden’s holdings in Dupont Fabros Technology were worth $1,431,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Dupont Fabros Technology during the fourth quarter valued at about $32,024,000. Teachers Advisors LLC increased its stake 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 in the last quarter. Highbridge Capital Management LLC acquired a new stake in shares of Dupont Fabros Technology during the fourth quarter valued at about $2,504,000. Pensionfund Sabic increased its stake in shares of Dupont Fabros Technology by 31.6% in the first quarter. Pensionfund Sabic now owns 12,500 shares of the real estate investment trust’s stock valued at $620,000 after buying an additional 3,000 shares in the last quarter. Finally, Catawba Capital Management VA acquired a new stake in shares of Dupont Fabros Technology during the first quarter valued at about $200,000.

Dupont Fabros Technology (NYSE:DFT) last posted its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $140.70 million during the quarter, compared to analysts’ expectations of $141.48 million. During the same period last year, the business posted $0.64 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Monday, July 3rd were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend was Thursday, June 29th. Dupont Fabros Technology’s dividend payout ratio (DPR) is presently 121.95%.

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A number of research firms recently weighed in on DFT. UBS AG cut shares of Dupont Fabros Technology from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 22nd. Royal Bank Of Canada cut shares of Dupont Fabros Technology from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from $59.00 to $62.00 in a research note on Monday, June 12th. They noted that the move was a valuation call. Robert W. Baird cut shares of Dupont Fabros Technology from an “outperform” rating to a “neutral” rating and lifted their target price for the company from $53.00 to $63.00 in a research note on Monday, June 12th. Zacks Investment Research upgraded shares of Dupont Fabros Technology from a “sell” rating to a “hold” rating in a research note on Monday, May 1st. Finally, Raymond James Financial, Inc. restated a “market perform” rating on shares of Dupont Fabros Technology in a research report on Thursday, June 22nd. Eleven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $57.63.

In related news, EVP Maria Kenny sold 149,910 shares of Dupont Fabros Technology stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $61.49, for a total value of $9,217,965.90. Following the completion of the sale, the executive vice president now directly owns 122,638 shares in the company, valued at $7,541,010.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Pont Lammot J. Du sold 296,185 shares of Dupont Fabros Technology stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $61.48, for a total value of $18,209,453.80. Following the completion of the sale, the chairman now owns 215,673 shares of the company’s stock, valued at $13,259,576.04. The disclosure for this sale can be found here. Insiders have sold 687,618 shares of company stock valued at $42,548,490 over the last ninety days. 5.60% of the stock is owned by insiders.

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.

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

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