Dupont Fabros Technology, Inc. (DFT) Shares Bought by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado increased its position in shares of Dupont Fabros Technology, Inc. (NYSE:DFT) by 14.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,733 shares of the real estate investment trust’s stock after buying an additional 2,436 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Dupont Fabros Technology were worth $1,146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of DFT. Penserra Capital Management LLC bought a new position in Dupont Fabros Technology during the first quarter worth approximately $102,000. Meeder Asset Management Inc. bought a new position in Dupont Fabros Technology during the first quarter worth approximately $109,000. Creative Planning increased its position in Dupont Fabros Technology by 56.4% in the first quarter. Creative Planning now owns 3,990 shares of the real estate investment trust’s stock worth $198,000 after buying an additional 1,439 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Dupont Fabros Technology during the first quarter worth approximately $211,000. Finally, Sumitomo Mitsui Asset Management Company LTD bought a new position in Dupont Fabros Technology during the first quarter worth approximately $218,000.

Shares of Dupont Fabros Technology, Inc. (NYSE:DFT) opened at 62.20 on Tuesday. Dupont Fabros Technology, Inc. has a one year low of $37.54 and a one year high of $66.18. The stock has a market cap of $4.82 billion, a PE ratio of 37.88 and a beta of 0.68. The stock’s 50 day moving average price is $61.38 and its 200-day moving average price is $54.33.

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 the Zacks’ consensus estimate of $0.77 by $0.39. Dupont Fabros Technology had a return on equity of 19.58% and a net margin of 26.05%. The firm had revenue of $140.70 million for the quarter, compared to analysts’ expectations of $141.48 million. During the same period last year, the business earned $0.64 earnings per share. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, equities analysts predict that Dupont Fabros Technology, Inc. will post $1.83 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Monday, July 3rd were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend was Thursday, June 29th. Dupont Fabros Technology’s dividend payout ratio (DPR) is presently 121.95%.

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DFT has been the subject of a number of research analyst reports. ValuEngine raised shares of Dupont Fabros Technology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Dupont Fabros Technology in a research note on Monday, May 1st. Cowen and Company reaffirmed a “buy” rating and set a $59.00 price objective on shares of Dupont Fabros Technology in a research note on Friday, July 21st. BidaskClub downgraded shares of Dupont Fabros Technology from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Finally, TheStreet downgraded shares of Dupont Fabros Technology from a “b” rating to a “c+” rating in a research note on Monday, July 31st. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $57.63.

In other news, Chairman Pont Lammot J. Du sold 296,185 shares of the firm’s stock in a transaction dated Monday, July 31st. The stock was 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 directly owns 215,673 shares of the company’s stock, valued at approximately $13,259,576.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Scott A. Davis sold 44,067 shares of the firm’s stock in a transaction dated Friday, August 4th. The stock was 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 of the company’s stock, valued at $6,562,312.50. The disclosure for this sale can be found here. Insiders have sold a total of 776,397 shares of company stock valued at $48,101,649 over the last ninety days. Company insiders own 5.60% of the company’s stock.

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.

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

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