DuPont Fabros Technology, Inc. (NYSE:DFT) has earned a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the stock, Marketbeat reports. Ten equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $60.15.

A number of brokerages have weighed in on DFT. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of DuPont Fabros Technology in a research report on Thursday, June 22nd. UBS AG downgraded shares of DuPont Fabros Technology from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 22nd. ValuEngine upgraded shares of DuPont Fabros Technology from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. BidaskClub upgraded shares of DuPont Fabros Technology from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 25th. Finally, TheStreet downgraded shares of DuPont Fabros Technology from a “b” rating to a “c+” rating in a research report on Monday, July 31st.

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In other DuPont Fabros Technology news, Director Frederic V. Malek sold 17,000 shares of the stock in a transaction dated 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 owns 84,775 shares in the company, valued at approximately $5,431,534.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Pont Lammot J. Du sold 296,185 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $13,259,576.04. The disclosure for this sale can be found here. In the last quarter, insiders sold 801,397 shares of company stock valued at $49,701,799. 5.60% of the stock is owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Navellier & Associates Inc raised its holdings in DuPont Fabros Technology by 392.2% in the 2nd quarter. Navellier & Associates Inc now owns 47,182 shares of the real estate investment trust’s stock valued at $2,886,000 after acquiring an additional 37,596 shares during the last quarter. WFG Advisors LP acquired a new stake in DuPont Fabros Technology in the 2nd quarter valued at about $318,000. Public Employees Retirement System of Ohio raised its holdings in DuPont Fabros Technology by 67.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 180,324 shares of the real estate investment trust’s stock valued at $11,029,000 after acquiring an additional 72,346 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in 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 acquiring an additional 72 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. raised its holdings in DuPont Fabros Technology by 142.1% in the 2nd quarter. C M Bidwell & Associates Ltd. now owns 2,385 shares of the real estate investment trust’s stock valued at $146,000 after acquiring an additional 1,400 shares during the last quarter.

DuPont Fabros Technology (NYSE:DFT) traded down 2.31% during midday trading on Wednesday, reaching $66.31. The company’s stock had a trading volume of 4,402,742 shares. DuPont Fabros Technology has a one year low of $37.54 and a one year high of $69.33. The stock has a market cap of $5.14 billion, a price-to-earnings ratio of 40.38 and a beta of 0.68. The stock’s 50 day moving average price is $64.02 and its 200-day moving average price is $57.12.

DuPont Fabros Technology (NYSE:DFT) last issued 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 firm had revenue of $140.70 million during the quarter, compared to analyst estimates of $141.48 million. DuPont Fabros Technology had a return on equity of 17.13% and a net margin of 26.98%. The company’s revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the company posted $0.64 EPS. On average, analysts forecast that DuPont Fabros Technology will post $1.77 EPS for the current fiscal year.

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.

Analyst Recommendations for DuPont Fabros Technology (NYSE:DFT)

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