Denver Investment Advisors LLC reduced its stake in shares of Dupont Fabros Technology, Inc. (NYSE:DFT) by 9.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,250 shares of the real estate investment trust’s stock after selling 450 shares during the period. Denver Investment Advisors LLC’s holdings in Dupont Fabros Technology were worth $260,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Dupont Capital Management Corp increased its position in Dupont Fabros Technology by 591.3% in the second quarter. Dupont Capital Management Corp now owns 57,710 shares of the real estate investment trust’s stock valued at $3,530,000 after buying an additional 49,362 shares in the last quarter. First Trust Advisors LP increased its position 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 valued at $3,092,000 after buying an additional 8,938 shares in the last quarter. ARP Americas LLC purchased a new position in Dupont Fabros Technology during the second quarter valued at $16,475,000. Sei Investments Co. increased its position 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 valued at $38,093,000 after buying an additional 50,452 shares in the last quarter. Finally, World Asset Management Inc purchased a new position in Dupont Fabros Technology during the second quarter valued at $213,000.

Shares of Dupont Fabros Technology, Inc. (DFT) opened at 62.29 on Monday. The stock has a market cap of $4.83 billion, a PE ratio of 37.94 and a beta of 0.68. Dupont Fabros Technology, Inc. has a 1-year low of $37.54 and a 1-year high of $66.18. The company’s 50-day moving average price is $61.33 and its 200 day moving average price is $54.66.

Dupont Fabros Technology (NYSE:DFT) last issued its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by $0.39. The business had revenue of $140.70 million during the quarter, compared to analysts’ expectations of $141.48 million. Dupont Fabros Technology had a net margin of 26.05% and a return on equity of 19.58%. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.64 EPS. Equities analysts forecast that Dupont Fabros Technology, Inc. will post $1.80 EPS for the current fiscal year.

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Several equities analysts have weighed in on the company. 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 research 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 target price for the company. in a research 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 research note 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 research note on Friday, July 21st. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $57.63.

In related news, CFO Jeffrey H. Foster sold 64,843 shares of the stock in a transaction dated 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 transaction, the chief financial officer now owns 40,447 shares of the company’s stock, valued at $2,487,086.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Pont Lammot J. Du sold 146,680 shares of the stock in a transaction dated Tuesday, August 1st. The shares were 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 of the company’s stock, valued at approximately $16,789,940.52. The disclosure for this sale can be found here. Insiders sold 776,397 shares of company stock valued at $48,101,649 in the last three months. 5.60% of the stock is currently owned by company insiders.

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.

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

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