BlueCrest Capital Management Ltd bought a new position in DuPont Fabros Technology, Inc. (NYSE:DFT) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 121,598 shares of the real estate investment trust’s stock, valued at approximately $7,437,000. BlueCrest Capital Management Ltd owned approximately 0.16% of DuPont Fabros Technology as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legal & General Group Plc increased its holdings in DuPont Fabros Technology by 11.0% in the 2nd quarter. Legal & General Group Plc now owns 204,816 shares of the real estate investment trust’s stock worth $12,527,000 after purchasing an additional 20,287 shares in the last quarter. Vivaldi Capital Management LLC acquired a new position in DuPont Fabros Technology in the 2nd quarter worth about $1,438,483,000. First Trust Advisors LP increased its holdings in DuPont Fabros Technology by 21.5% in the 2nd quarter. First Trust Advisors LP now owns 50,550 shares of the real estate investment trust’s stock worth $3,092,000 after purchasing an additional 8,938 shares in the last quarter. Swiss National Bank increased its holdings in DuPont Fabros Technology by 3.9% in the 2nd quarter. Swiss National Bank now owns 129,140 shares of the real estate investment trust’s stock worth $7,898,000 after purchasing an additional 4,900 shares in the last quarter. Finally, Capital Fund Management S.A. increased its holdings in DuPont Fabros Technology by 789.1% in the 2nd quarter. Capital Fund Management S.A. now owns 104,680 shares of the real estate investment trust’s stock worth $6,402,000 after purchasing an additional 92,906 shares in the last quarter.

DFT has been the subject of a number of recent research reports. BidaskClub raised DuPont Fabros Technology from a “buy” rating to a “strong-buy” rating in a report on Friday, August 25th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $64.00 target price on shares of DuPont Fabros Technology in a report on Friday, July 21st. Barclays PLC upped their target price on DuPont Fabros Technology from $55.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, July 18th. TheStreet cut DuPont Fabros Technology from a “b” rating to a “c+” rating in a report on Monday, July 31st. Finally, Wells Fargo & Company reaffirmed a “market perform” rating on shares of DuPont Fabros Technology in a report on Monday, June 12th. Ten analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. DuPont Fabros Technology has an average rating of “Hold” and a consensus price target of $60.15.

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In other news, Director Michael A. Coke sold 8,000 shares of the business’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $63.87, for a total value of $510,960.00. Following the completion of the sale, the director now owns 20,258 shares of the company’s stock, valued at approximately $1,293,878.46. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Chairman Pont Lammot J. Du sold 296,185 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $61.48, for a total value of $18,209,453.80. Following the completion of the sale, the chairman now directly owns 215,673 shares of the company’s stock, valued at approximately $13,259,576.04. The disclosure for this sale can be found here. In the last three months, insiders sold 801,397 shares of company stock valued at $49,701,799. 5.60% of the stock is currently owned by corporate insiders.

Shares of DuPont Fabros Technology, Inc. (NYSE:DFT) traded down 2.31% during midday trading on Friday, hitting $66.31. The stock had a trading volume of 4,402,742 shares. The firm’s 50-day moving average price is $64.02 and its 200-day moving average price is $57.12. DuPont Fabros Technology, Inc. has a 1-year low of $37.54 and a 1-year high of $69.33. The stock has a market cap of $5.14 billion, a price-to-earnings ratio of 40.38 and a beta of 0.68.

DuPont Fabros Technology (NYSE:DFT) last released its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $141.48 million. During the same period last year, the firm posted $0.64 EPS. The company’s revenue was up 9.6% on a year-over-year basis. Analysts forecast that DuPont Fabros Technology, Inc. will post $1.77 earnings per share for the current year.

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.

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

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