Penserra Capital Management LLC increased its stake in shares of Dupont Fabros Technology, Inc. (NYSE:DFT) by 9.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,268 shares of the real estate investment trust’s stock after buying an additional 195 shares during the period. Penserra Capital Management LLC’s holdings in Dupont Fabros Technology were worth $138,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position 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 buying an additional 6,491,806 shares during the period. Daiwa Securities Group Inc. increased its position 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 buying an additional 1,767,028 shares during the period. OppenheimerFunds Inc. increased its position in Dupont Fabros Technology by 159.4% in the first quarter. OppenheimerFunds Inc. now owns 1,397,446 shares of the real estate investment trust’s stock valued at $69,300,000 after buying an additional 858,755 shares during the period. Capital Growth Management LP increased its position in Dupont Fabros Technology by 633.3% in the first quarter. Capital Growth Management LP now owns 880,000 shares of the real estate investment trust’s stock valued at $43,639,000 after buying an additional 760,000 shares during the period. Finally, State Street Corp increased its position 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 buying an additional 370,099 shares during the period.

Dupont Fabros Technology, Inc. (DFT) opened at 63.78 on Wednesday. Dupont Fabros Technology, Inc. has a one year low of $37.54 and a one year high of $66.18. The company has a 50 day moving average of $61.76 and a 200-day moving average of $55.23. The company has a market cap of $4.94 billion, a P/E ratio of 38.84 and a beta of 0.68.

Dupont Fabros Technology (NYSE:DFT) last released its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share (EPS) 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 company had revenue of $140.70 million during the quarter, compared to analysts’ expectations of $141.48 million. During the same quarter in the previous year, the firm posted $0.64 earnings per share. Dupont Fabros Technology’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, equities analysts expect that Dupont Fabros Technology, Inc. will post $1.77 earnings per share for the current fiscal year.

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Several research analysts have commented on DFT shares. Royal Bank Of Canada downgraded shares of Dupont Fabros Technology from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from $59.00 to $62.00 in a report on Monday, June 12th. They noted that the move was a valuation call. KeyCorp raised shares of Dupont Fabros Technology from a “sector weight” rating to an “overweight” rating and set a $60.00 price objective for the company in a report on Tuesday, May 2nd. Cowen and Company reissued a “buy” rating and set a $59.00 price objective on shares of Dupont Fabros Technology in a report on Friday, July 21st. Jefferies Group LLC reissued a “hold” rating and set a $63.00 price objective on shares of Dupont Fabros Technology in a report on Friday, July 14th. Finally, ValuEngine raised shares of Dupont Fabros Technology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Eleven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Dupont Fabros Technology currently has a consensus rating of “Hold” and an average target price of $57.63.

In related news, Director Frederic V. Malek sold 17,000 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $64.07, for a total value of $1,089,190.00. Following the completion of the sale, the director now directly owns 84,775 shares in the company, valued at $5,431,534.25. The transaction was disclosed in a legal filing with the SEC, which is available through 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 transaction of $2,798,971.20. Following the completion of the sale, the general counsel now owns 62,548 shares of the company’s stock, valued at $3,915,504.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 793,397 shares of company stock valued at $49,190,839. 5.60% of the stock is owned by 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.

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

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