Alpine Woods Capital Investors LLC decreased its position in Dupont Fabros Technology, Inc. (NYSE:DFT) by 67.2% during the second quarter, Holdings Channel reports. The fund owned 34,652 shares of the real estate investment trust’s stock after selling 71,100 shares during the period. Alpine Woods Capital Investors LLC’s holdings in Dupont Fabros Technology were worth $2,119,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. First Trust Advisors LP increased its stake in Dupont Fabros Technology by 21.5% in the second quarter. First Trust Advisors LP now owns 50,550 shares of the real estate investment trust’s stock worth $3,092,000 after buying an additional 8,938 shares in the last quarter. ARP Americas LLC acquired a new stake in Dupont Fabros Technology during the second quarter worth approximately $16,475,000. Sei Investments Co. increased its stake in Dupont Fabros Technology by 8.8% in the second quarter. Sei Investments Co. now owns 622,830 shares of the real estate investment trust’s stock worth $38,093,000 after buying an additional 50,452 shares in the last quarter. World Asset Management Inc acquired a new stake in Dupont Fabros Technology during the second quarter worth approximately $213,000. Finally, Daiwa Securities Group Inc. increased its stake 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 worth $149,064,000 after buying an additional 1,767,028 shares in the last quarter.

Dupont Fabros Technology, Inc. (DFT) opened at 62.47 on Wednesday. The stock’s 50 day moving average price is $61.31 and its 200 day moving average price is $54.43. The firm has a market capitalization of $4.84 billion, a PE ratio of 38.05 and a beta of 0.68. Dupont Fabros Technology, Inc. has a 52-week low of $37.54 and a 52-week high of $66.18.

Dupont Fabros Technology (NYSE:DFT) last issued its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 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 during the quarter, compared to analyst estimates of $141.48 million. During the same quarter in the previous year, the firm earned $0.64 earnings per share. The business’s revenue was up 9.6% on a year-over-year basis. Analysts expect that Dupont Fabros Technology, Inc. will post $1.81 earnings per share for the current year.

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

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A number of research firms have commented on DFT. BidaskClub downgraded Dupont Fabros Technology from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. TheStreet downgraded Dupont Fabros Technology from a “b” rating to a “c+” rating in a report on Monday, July 31st. Royal Bank Of Canada downgraded Dupont Fabros Technology from an “outperform” rating to a “sector perform” rating and set a $62.00 price objective on the stock. in a report on Monday, July 31st. Cowen and Company reiterated a “buy” rating and issued a $59.00 price objective on shares of Dupont Fabros Technology in a report on Friday, July 21st. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $64.00 price objective on shares of Dupont Fabros Technology in a report on Friday, July 21st. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Dupont Fabros Technology has an average rating of “Hold” and an average target price of $57.63.

In other Dupont Fabros Technology news, Chairman Pont Lammot J. Du sold 146,680 shares of Dupont Fabros Technology stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $63.08, for a total value of $9,252,574.40. Following the completion of the transaction, the chairman now directly owns 266,169 shares in the company, valued at $16,789,940.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Pont Lammot J. Du sold 296,185 shares of Dupont Fabros Technology stock in a transaction that occurred on 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 transaction, 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. Over the last 90 days, insiders sold 776,397 shares of company stock valued at $48,101,649. 5.60% of the stock is currently 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.

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

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