DuPont Fabros Technology, Inc. (DFT) Receives Consensus Recommendation of “Hold” from Analysts

DuPont Fabros Technology, Inc. (NYSE:DFT) has received an average rating of “Hold” from the seventeen analysts that are presently covering the firm, MarketBeat.com reports. Ten research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $60.15.

DFT has been the topic of a number of research reports. BidaskClub upgraded DuPont Fabros Technology from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 25th. TheStreet cut DuPont Fabros Technology from a “b” rating to a “c+” rating in a research note on Monday, July 31st. ValuEngine upgraded DuPont Fabros Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Royal Bank Of Canada cut DuPont Fabros Technology from an “outperform” rating to a “sector perform” rating and set a $62.00 price target on the stock. in a research note on Monday, July 31st.

DuPont Fabros Technology (NYSE:DFT) traded down $1.57 during trading hours on Thursday, reaching $66.31. The company’s stock had a trading volume of 4,402,700 shares, compared to its average volume of 883,602. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.10 and a current ratio of 0.10. DuPont Fabros Technology has a one year low of $37.54 and a one year high of $69.33.

In other news, Director Michael A. Coke sold 8,000 shares of the stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $63.87, for a total value of $510,960.00. Following the sale, the director now directly owns 20,258 shares in the company, valued at $1,293,878.46. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 5.60% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. CNH Partners LLC acquired a new stake in shares of DuPont Fabros Technology in the second quarter valued at $190,756,000. Daiwa Securities Group Inc. raised its stake in shares of DuPont Fabros Technology by 263.6% in the second quarter. Daiwa Securities Group Inc. now owns 2,437,272 shares of the real estate investment trust’s stock valued at $149,064,000 after acquiring an additional 1,767,028 shares in the last quarter. AEW Capital Management L P raised its stake in shares of DuPont Fabros Technology by 1.9% in the second quarter. AEW Capital Management L P now owns 2,359,739 shares of the real estate investment trust’s stock valued at $144,322,000 after acquiring an additional 43,620 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of DuPont Fabros Technology by 4.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,080,464 shares of the real estate investment trust’s stock valued at $66,081,000 after acquiring an additional 49,423 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of DuPont Fabros Technology by 98.0% in the second quarter. JPMorgan Chase & Co. now owns 761,434 shares of the real estate investment trust’s stock valued at $46,568,000 after acquiring an additional 376,858 shares in the last quarter.

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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.

Analyst Recommendations for DuPont Fabros Technology (NYSE:DFT)

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