Dupont Fabros Technology, Inc. (NYSE:DFT) Director Frederic V. Malek sold 17,000 shares of the 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 transaction, the director now owns 84,775 shares in the company, valued at $5,431,534.25. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Dupont Fabros Technology, Inc. (DFT) opened at 64.11 on Monday. Dupont Fabros Technology, Inc. has a 52-week low of $37.54 and a 52-week high of $66.18. The company has a 50-day moving average price of $61.76 and a 200-day moving average price of $55.23. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 39.04 and a beta of 0.68.

Dupont Fabros Technology (NYSE:DFT) last posted its quarterly earnings data on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.77 by $0.39. The business 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 19.58% and a net margin of 26.05%. 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 business earned $0.64 EPS. On average, equities analysts anticipate that Dupont Fabros Technology, Inc. will post $1.77 earnings per share for the current year.

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A number of equities analysts have issued reports on the company. UBS AG cut Dupont Fabros Technology from an “outperform” rating to a “market perform” rating in a report on Thursday, June 22nd. Royal Bank Of Canada cut Dupont Fabros Technology from an “outperform” rating to a “sector perform” rating and increased their price target for the stock from $59.00 to $62.00 in a report 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 report on Monday, June 12th. BidaskClub lowered Dupont Fabros Technology from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. Finally, Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Dupont Fabros Technology in a research report on Thursday, June 22nd. Eleven equities research 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. The company currently has a consensus rating of “Hold” and an average price target of $57.63.

Several hedge funds have recently bought and sold shares of DFT. Credit Agricole S A boosted its stake in Dupont Fabros Technology by 58.7% in the first quarter. Credit Agricole S A now owns 327,700 shares of the real estate investment trust’s stock worth $16,251,000 after buying an additional 121,189 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Dupont Fabros Technology by 22.2% in the first quarter. Pacer Advisors Inc. now owns 10,807 shares of the real estate investment trust’s stock worth $536,000 after buying an additional 1,965 shares during the last quarter. Fagan Associates Inc. boosted its stake in Dupont Fabros Technology by 5.6% in the first quarter. Fagan Associates Inc. now owns 16,026 shares of the real estate investment trust’s stock worth $795,000 after buying an additional 852 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Dupont Fabros Technology by 3.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,031,041 shares of the real estate investment trust’s stock worth $51,127,000 after buying an additional 38,489 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in Dupont Fabros Technology by 6.9% in the first quarter. Principal Financial Group Inc. now owns 15,638 shares of the real estate investment trust’s stock worth $775,000 after buying an additional 1,003 shares during the last quarter.

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.

Insider Buying and Selling by Quarter for Dupont Fabros Technology (NYSE:DFT)

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