Dupont Fabros Technology, Inc. (NYSE:DFT) shares saw unusually-high trading volume on Monday . Approximately 1,740,203 shares traded hands during trading, an increase of 93% from the previous session’s volume of 900,883 shares.The stock last traded at $68.00 and had previously closed at $65.59.

DFT has been the topic of several recent research reports. Royal Bank Of Canada lowered 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 report on Monday, June 12th. They noted that the move was a valuation call. Cowen and Company reiterated a “buy” rating and set a $59.00 target price on shares of Dupont Fabros Technology in a research report on Friday, July 21st. Jefferies Group LLC reiterated a “hold” rating and set a $63.00 target price on shares of Dupont Fabros Technology in a research report on Friday, July 14th. ValuEngine upgraded shares of Dupont Fabros Technology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Compass Point reiterated a “neutral” rating and set a $62.00 target price (up from $57.50) on shares of Dupont Fabros Technology in a research report on Monday, June 12th. Eleven investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $57.63.

The company has a market capitalization of $5.26 billion, a P/E ratio of 41.34 and a beta of 0.68. The firm has a 50-day moving average price of $63.12 and a 200 day moving average price of $56.44.

Dupont Fabros Technology (NYSE:DFT) last posted its quarterly 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 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 business posted $0.64 earnings per share. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, analysts anticipate that Dupont Fabros Technology, Inc. will post $1.77 EPS for the current year.

In other news, EVP Scott A. Davis sold 44,067 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $62.50, for a total value of $2,754,187.50. Following the sale, the executive vice president now directly owns 104,997 shares in the company, valued at approximately $6,562,312.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Pont Lammot J. Du sold 296,185 shares of the firm’s 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 sale, the chairman now owns 215,673 shares in the company, valued at $13,259,576.04. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 801,397 shares of company stock worth $49,701,799. 5.60% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Trust Co. of Toledo NA OH boosted its stake in shares of Dupont Fabros Technology by 0.3% in the 1st 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 purchasing an additional 32 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Dupont Fabros Technology by 0.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 12,635 shares of the real estate investment trust’s stock valued at $773,000 after purchasing an additional 72 shares in the last quarter. Thrivent Financial For Lutherans boosted its stake in shares of Dupont Fabros Technology by 0.4% in the 1st quarter. Thrivent Financial For Lutherans now owns 27,083 shares of the real estate investment trust’s stock valued at $1,343,000 after purchasing an additional 100 shares in the last quarter. AlphaMark Advisors LLC boosted its stake in shares of Dupont Fabros Technology by 0.7% in the 2nd quarter. AlphaMark Advisors LLC now owns 15,100 shares of the real estate investment trust’s stock valued at $924,000 after purchasing an additional 100 shares in the last quarter. Finally, Great West Life Assurance Co. Can boosted its stake in shares of Dupont Fabros Technology by 0.3% in the 2nd 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 purchasing an additional 140 shares in the last quarter.

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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.

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