Polaris Capital Management LLC held its position in shares of DuPont Fabros Technology, Inc. (NYSE:DFT) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 49,205 shares of the real estate investment trust’s stock at the end of the 2nd quarter. Polaris Capital Management LLC owned 0.06% of DuPont Fabros Technology worth $3,009,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of DFT. BlackRock Inc. lifted its stake in DuPont Fabros Technology by 3,277.7% during the first quarter. BlackRock Inc. now owns 6,689,865 shares of the real estate investment trust’s stock worth $331,749,000 after purchasing an additional 6,491,806 shares during the last quarter. CNH Partners LLC purchased a new stake in DuPont Fabros Technology during the second quarter worth approximately $190,756,000. Daiwa Securities Group Inc. lifted its stake in DuPont Fabros Technology by 263.6% during the second quarter. Daiwa Securities Group Inc. now owns 2,437,272 shares of the real estate investment trust’s stock worth $149,064,000 after purchasing an additional 1,767,028 shares during the last quarter. OMERS ADMINISTRATION Corp purchased a new stake in DuPont Fabros Technology during the second quarter worth approximately $35,332,000. Finally, JPMorgan Chase & Co. lifted its stake in DuPont Fabros Technology by 98.0% during the second quarter. JPMorgan Chase & Co. now owns 761,434 shares of the real estate investment trust’s stock worth $46,568,000 after purchasing an additional 376,858 shares during the last quarter.

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DFT has been the subject of several recent analyst reports. BidaskClub upgraded DuPont Fabros Technology from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 25th. Stifel Nicolaus restated a “hold” rating and set a $64.00 target price on shares of DuPont Fabros Technology in a research note on Friday, July 21st. Barclays PLC boosted their target price on DuPont Fabros Technology from $55.00 to $68.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 18th. TheStreet cut DuPont Fabros Technology from a “b” rating to a “c+” rating in a research note on Monday, July 31st. Finally, ValuEngine upgraded DuPont Fabros Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Ten investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. DuPont Fabros Technology currently has an average rating of “Hold” and a consensus price target of $60.15.

In related news, Director Frederic V. Malek sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $62.71, for a total value of $1,881,300.00. Following the sale, the director now owns 112,375 shares of the company’s stock, valued at approximately $7,047,036.25. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Frederic V. Malek sold 17,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The stock was 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 approximately $5,431,534.25. The disclosure for this sale can be found here. In the last three months, insiders sold 801,397 shares of company stock worth $49,701,799. Company insiders own 5.60% of the company’s stock.

DuPont Fabros Technology, Inc. (DFT) traded down 2.31% on Thursday, reaching $66.31. The company’s stock had a trading volume of 4,402,742 shares. The company has a market capitalization of $5.14 billion, a price-to-earnings ratio of 40.38 and a beta of 0.68. The firm’s 50 day moving average price is $64.02 and its 200-day moving average price is $57.12. 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 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 firm had revenue of $140.70 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 EPS. On average, equities analysts predict that DuPont Fabros Technology, Inc. will post $1.77 EPS for the current year.

DuPont Fabros Technology 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.

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

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