Dynamic Technology Lab Private Ltd acquired a new stake in shares of Dupont Fabros Technology, Inc. (NYSE:DFT) during the first quarter, Holdings Channel reports. The firm acquired 4,251 shares of the real estate investment trust’s stock, valued at approximately $211,000.

Other institutional investors also recently made changes to their positions in the company. State Street Corp raised its position in shares of Dupont Fabros Technology by 0.4% in the fourth quarter. State Street Corp now owns 2,443,564 shares of the real estate investment trust’s stock valued at $107,347,000 after buying an additional 10,855 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Dupont Fabros Technology by 5.0% in the first quarter. Bank of New York Mellon Corp now owns 1,360,296 shares of the real estate investment trust’s stock valued at $67,456,000 after buying an additional 64,371 shares in the last quarter. PGGM Investments bought a new position in shares of Dupont Fabros Technology during the first quarter valued at $62,483,000. Dimensional Fund Advisors LP raised its position in shares of Dupont Fabros Technology by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 992,552 shares of the real estate investment trust’s stock valued at $43,603,000 after buying an additional 54,890 shares in the last quarter. Finally, Miller Howard Investments Inc. NY raised its position in shares of Dupont Fabros Technology by 3.0% in the first quarter. Miller Howard Investments Inc. NY now owns 882,000 shares of the real estate investment trust’s stock valued at $43,738,000 after buying an additional 25,600 shares in the last quarter.

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

Shares of Dupont Fabros Technology, Inc. (DFT) opened at 63.29 on Friday. The company has a market capitalization of $4.90 billion, a P/E ratio of 36.08 and a beta of 0.74. Dupont Fabros Technology, Inc. has a 12 month low of $37.54 and a 12 month high of $64.40. The firm has a 50-day moving average of $54.60 and a 200-day moving average of $49.28.

Dupont Fabros Technology (NYSE:DFT) last issued its earnings results on Thursday, April 27th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by $0.31. The firm had revenue of $139.48 million during the quarter, compared to analysts’ expectations of $139.24 million. Dupont Fabros Technology had a return on equity of 22.94% and a net margin of 30.25%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the firm posted $0.67 earnings per share. On average, equities analysts predict that Dupont Fabros Technology, Inc. will post $1.82 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Monday, July 3rd will be issued a $0.50 dividend. The ex-dividend date is Thursday, June 29th. This represents a $2.00 annualized dividend and a yield of 3.16%. Dupont Fabros Technology’s dividend payout ratio (DPR) is presently 113.64%.

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DFT has been the topic of several research reports. TheStreet upgraded shares of Dupont Fabros Technology from a “c” rating to a “b-” rating in a report on Tuesday, March 14th. KeyCorp upgraded shares of Dupont Fabros Technology from a “sector weight” rating to an “overweight” rating and set a $60.00 price objective on the stock in a report on Tuesday, May 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $57.00 price objective (up previously from $48.00) on shares of Dupont Fabros Technology in a report on Friday, February 24th. Royal Bank Of Canada reiterated a “buy” rating on shares of Dupont Fabros Technology in a report on Monday, May 1st. Finally, Zacks Investment Research upgraded shares of Dupont Fabros Technology from a “sell” rating to a “hold” rating in a report on Monday, May 1st. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Dupont Fabros Technology presently has an average rating of “Hold” and a consensus target price of $55.65.

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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