Quotient Investors LLC held its stake in shares of Dupont Fabros Technology, Inc. (NYSE:DFT) during the second quarter, Holdings Channel reports. The firm owned 10,100 shares of the real estate investment trust’s stock at the end of the second quarter. Quotient Investors LLC’s holdings in Dupont Fabros Technology were worth $501,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Trust Co. of Toledo NA OH increased its stake in shares of Dupont Fabros Technology by 0.3% in the first quarter. Trust Co. of Toledo NA OH now owns 10,125 shares of the real estate investment trust’s stock valued at $502,000 after buying an additional 32 shares during the last quarter. Thrivent Financial For Lutherans increased its stake in shares of Dupont Fabros Technology by 0.4% in the first quarter. Thrivent Financial For Lutherans now owns 27,083 shares of the real estate investment trust’s stock valued at $1,343,000 after buying an additional 100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Dupont Fabros Technology by 4.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,915 shares of the real estate investment trust’s stock valued at $244,000 after buying an additional 189 shares during the last quarter. AlphaMark Advisors LLC increased its stake in shares of Dupont Fabros Technology by 1.4% in the first quarter. AlphaMark Advisors LLC now owns 15,000 shares of the real estate investment trust’s stock valued at $744,000 after buying an additional 200 shares during the last quarter. Finally, Navellier & Associates Inc increased its stake in shares of Dupont Fabros Technology by 2.7% in the first quarter. Navellier & Associates Inc now owns 9,586 shares of the real estate investment trust’s stock valued at $475,000 after buying an additional 250 shares during the last quarter.
Shares of Dupont Fabros Technology, Inc. (NYSE DFT) traded up 0.28% during trading on Friday, reaching $60.69. 637,829 shares of the company’s stock were exchanged. Dupont Fabros Technology, Inc. has a 52 week low of $37.54 and a 52 week high of $66.18. The company’s 50-day moving average price is $60.79 and its 200 day moving average price is $52.51. The firm has a market capitalization of $4.70 billion, a PE ratio of 34.60 and a beta of 0.68.
Dupont Fabros Technology (NYSE:DFT) last posted its quarterly earnings data on Thursday, April 27th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by $0.31. Dupont Fabros Technology had a net margin of 30.25% and a return on equity of 22.94%. The business had revenue of $139.48 million for the quarter, compared to the consensus estimate of $139.24 million. During the same quarter last year, the business posted $0.67 EPS. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. Analysts predict that Dupont Fabros Technology, Inc. will post $1.82 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Monday, July 3rd were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, June 29th. This represents a $2.00 annualized dividend and a dividend yield of 3.30%. Dupont Fabros Technology’s dividend payout ratio (DPR) is 113.64%.
Several brokerages have recently weighed in on DFT. Royal Bank Of Canada downgraded shares of Dupont Fabros Technology from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from $59.00 to $62.00 in a report on Monday, June 12th. They noted that the move was a valuation call. UBS AG downgraded shares of Dupont Fabros Technology from an “outperform” rating to a “market perform” rating in a report on Thursday, June 22nd. Cowen and Company reaffirmed a “buy” rating and issued a $59.00 target price on shares of Dupont Fabros Technology in a report on Friday. Robert W. Baird cut shares of Dupont Fabros Technology from an “outperform” rating to a “neutral” rating and raised their price objective for the company from $53.00 to $63.00 in a research note on Monday, June 12th. Finally, Macquarie reiterated an “outperform” rating and issued a $58.00 price objective on shares of Dupont Fabros Technology in a research note on Thursday, April 6th. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $58.50.
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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