Media headlines about DuPont Fabros Technology (NYSE:DFT) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. DuPont Fabros Technology earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 45.6261501000512 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of analysts recently weighed in on the company. ValuEngine upgraded DuPont Fabros Technology from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub upgraded DuPont Fabros Technology from a “buy” rating to a “strong-buy” rating in a report on Friday, August 25th. TheStreet downgraded DuPont Fabros Technology from a “b” rating to a “c+” rating in a report on Monday, July 31st. Royal Bank Of Canada downgraded DuPont Fabros Technology from an “outperform” rating to a “sector perform” rating and set a $62.00 price objective for the company. in a report on Monday, July 31st. Finally, Barclays PLC increased their price objective on DuPont Fabros Technology from $55.00 to $68.00 and gave the company an “overweight” rating in a report on Tuesday, July 18th. Ten investment 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’s stock. The company currently has an average rating of “Hold” and a consensus price target of $60.15.
DuPont Fabros Technology (NYSE DFT) opened at 66.31 on Friday. DuPont Fabros Technology has a 52-week low of $37.54 and a 52-week high of $69.33. The company has a market cap of $5.14 billion, a PE ratio of 40.38 and a beta of 0.68. The stock’s 50 day moving average is $64.75 and its 200-day moving average is $57.90.
DuPont Fabros Technology (NYSE:DFT) last announced its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.39). DuPont Fabros Technology had a net margin of 26.98% and a return on equity of 17.13%. The company had revenue of $140.70 million for the quarter, compared to analysts’ expectations of $141.48 million. During the same quarter in the prior year, the firm earned $0.64 EPS. DuPont Fabros Technology’s quarterly revenue was up 9.6% compared to the same quarter last year. Equities research analysts predict that DuPont Fabros Technology will post $1.77 EPS for the current fiscal year.
In related news, Director Frederic V. Malek sold 30,000 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $62.71, for a total transaction of $1,881,300.00. Following the transaction, the director now owns 112,375 shares in the company, valued at $7,047,036.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Maria Kenny sold 149,910 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $61.49, for a total transaction of $9,217,965.90. Following the transaction, the executive vice president now owns 122,638 shares in the company, valued at approximately $7,541,010.62. The disclosure for this sale can be found here. Insiders have sold 736,554 shares of company stock worth $45,714,603 in the last quarter. 5.60% of the stock is owned by corporate insiders.
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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