Virtu Financial LLC acquired a new position in Dupont Fabros Technology, Inc. (NYSE:DFT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,141 shares of the real estate investment trust’s stock, valued at approximately $253,000.
Other large investors also recently made changes to their positions in the company. GW&K Investment Management LLC boosted its stake in shares of Dupont Fabros Technology by 33.3% in the second quarter. GW&K Investment Management LLC now owns 5,450 shares of the real estate investment trust’s stock worth $333,000 after buying an additional 1,360 shares during the period. Nuveen Asset Management LLC boosted its stake in shares of Dupont Fabros Technology by 686.1% in the first quarter. Nuveen Asset Management LLC now owns 225,981 shares of the real estate investment trust’s stock worth $11,206,000 after buying an additional 197,233 shares during the period. Public Employees Retirement System of Ohio boosted its stake in shares of Dupont Fabros Technology by 3.7% in the first quarter. Public Employees Retirement System of Ohio now owns 107,978 shares of the real estate investment trust’s stock worth $5,355,000 after buying an additional 3,861 shares during the period. Cypress Wealth Advisors LLC acquired a new position in Dupont Fabros Technology during the first quarter valued at $218,000. Finally, Driehaus Capital Management LLC raised its position in Dupont Fabros Technology by 20.9% in the first quarter. Driehaus Capital Management LLC now owns 257,056 shares of the real estate investment trust’s stock valued at $12,747,000 after buying an additional 44,495 shares in the last quarter.
Shares of Dupont Fabros Technology, Inc. (NYSE DFT) traded down 0.29% during trading on Tuesday, reaching $61.77. The company’s stock had a trading volume of 589,420 shares. Dupont Fabros Technology, Inc. has a 12 month low of $37.54 and a 12 month high of $66.18. The stock’s 50 day moving average price is $61.84 and its 200-day moving average price is $53.62. The firm has a market cap of $4.79 billion, a PE ratio of 37.62 and a beta of 0.68.
Dupont Fabros Technology (NYSE:DFT) last posted its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 EPS for the quarter, missing the Thomson Reuters’ 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 the consensus estimate of $141.48 million. During the same period in the prior year, the business earned $0.64 EPS. Dupont Fabros Technology’s quarterly revenue was up 9.6% compared to the same quarter last year. Equities analysts predict that Dupont Fabros Technology, Inc. will post $1.83 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Monday, July 3rd were given a dividend of $0.50 per share. The ex-dividend date was Thursday, June 29th. This represents a $2.00 annualized dividend and a dividend yield of 3.24%. Dupont Fabros Technology’s dividend payout ratio is currently 121.95%.
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DFT has been the topic of several recent analyst reports. Barclays PLC reiterated an “overweight” rating and set a $54.00 target price (up from $53.00) on shares of Dupont Fabros Technology in a report on Wednesday, April 19th. Stifel Nicolaus lowered Dupont Fabros Technology from a “buy” rating to a “hold” rating and reduced their target price for the stock from $57.00 to $54.00 in a report on Monday, April 24th. Zacks Investment Research lowered Dupont Fabros Technology from a “hold” rating to a “sell” rating in a report on Tuesday, April 25th. Royal Bank Of Canada restated a “buy” rating on shares of Dupont Fabros Technology in a report on Monday, May 1st. Finally, KeyCorp upgraded Dupont Fabros Technology from a “sector weight” rating to an “overweight” rating and set a $60.00 price target on the stock in a report on Tuesday, May 2nd. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Dupont Fabros Technology presently has a consensus rating of “Hold” and a consensus target price of $57.63.
In other news, Chairman Pont Lammot J. Du sold 146,680 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $63.08, for a total transaction of $9,252,574.40. Following the completion of the sale, the chairman now owns 266,169 shares in the company, valued at approximately $16,789,940.52. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Jeffrey H. Foster sold 64,843 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $61.49, for a total transaction of $3,987,196.07. Following the sale, the chief financial officer now owns 40,447 shares of the company’s stock, valued at approximately $2,487,086.03. The disclosure for this sale can be found here. In the last three months, insiders have sold 776,397 shares of company stock worth $48,101,649. Insiders own 5.60% of the company’s stock.
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.
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