Oppenheimer Asset Management Inc. lowered its position in shares of Dupont Fabros Technology, Inc. (NYSE:DFT) by 1.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,523 shares of the real estate investment trust’s stock after selling 228 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Dupont Fabros Technology were worth $888,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Trust Co. of Toledo NA OH raised its stake in Dupont Fabros Technology by 0.3% during the first quarter. Trust Co. of Toledo NA OH now owns 10,125 shares of the real estate investment trust’s stock valued at $502,000 after buying an additional 32 shares in the last quarter. Thrivent Financial For Lutherans raised its stake in Dupont Fabros Technology by 0.4% during the first quarter. Thrivent Financial For Lutherans now owns 27,083 shares of the real estate investment trust’s stock valued at $1,343,000 after buying an additional 100 shares in the last quarter. AlphaMark Advisors LLC raised its stake in Dupont Fabros Technology by 0.7% during the second quarter. AlphaMark Advisors LLC now owns 15,100 shares of the real estate investment trust’s stock valued at $924,000 after buying an additional 100 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in Dupont Fabros Technology by 0.3% during the second quarter. Great West Life Assurance Co. Can now owns 45,580 shares of the real estate investment trust’s stock valued at $2,782,000 after buying an additional 140 shares in the last quarter. Finally, Renaissance Group LLC raised its stake in Dupont Fabros Technology by 2.5% during the second quarter. Renaissance Group LLC now owns 7,311 shares of the real estate investment trust’s stock valued at $447,000 after buying an additional 178 shares in the last quarter.

DFT has been the topic of several research reports. ValuEngine upgraded Dupont Fabros Technology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Royal Bank Of Canada cut Dupont Fabros Technology from an “outperform” rating to a “sector perform” rating and upped their price objective 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 Dupont Fabros Technology from an “outperform” rating to a “neutral” rating and increased their price target for the stock from $53.00 to $63.00 in a research report on Monday, June 12th. Wells Fargo & Company reiterated a “market perform” rating on shares of Dupont Fabros Technology in a research report on Monday, June 12th. Finally, Compass Point reiterated a “neutral” rating and set a $62.00 price target (up from $57.50) on shares of Dupont Fabros Technology in a research report on Monday, June 12th. Eleven analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Dupont Fabros Technology currently has a consensus rating of “Hold” and a consensus target price of $57.63.

Shares of Dupont Fabros Technology, Inc. (NYSE DFT) opened at 68.00 on Tuesday. The firm has a market capitalization of $5.27 billion, a PE ratio of 41.41 and a beta of 0.68. The company has a 50-day moving average price of $62.97 and a 200 day moving average price of $56.35. Dupont Fabros Technology, Inc. has a 52-week low of $37.54 and a 52-week 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 for the quarter, missing analysts’ consensus estimates of $0.77 by $0.39. The company had revenue of $140.70 million for the quarter, compared to analyst estimates of $141.48 million. Dupont Fabros Technology had a net margin of 26.05% and a return on equity of 19.58%. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.64 earnings per share. Analysts expect that Dupont Fabros Technology, Inc. will post $1.77 EPS for the current fiscal year.

In other news, General Counsel Richard A. Montfort, Jr. sold 44,712 shares of Dupont Fabros Technology 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 completion of the transaction, the general counsel now owns 62,548 shares in the company, valued at $3,915,504.80. 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 that occurred on Monday, July 31st. The shares were sold at an average price of $61.48, for a total transaction 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 approximately $13,259,576.04. The disclosure for this sale can be found here. Insiders have sold 801,397 shares of company stock worth $49,701,799 over the last ninety days. Company insiders own 5.60% of the company’s stock.

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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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