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

A number of equities analysts recently commented on DFT shares. BidaskClub upgraded DuPont Fabros Technology from a “buy” rating to a “strong-buy” rating in a report on Friday, August 25th. Stifel Nicolaus restated a “hold” rating and issued a $64.00 price objective on shares of DuPont Fabros Technology in a report on Friday, July 21st. Barclays PLC increased their price objective 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 downgraded DuPont Fabros Technology from a “b” rating to a “c+” rating in a report on Monday, July 31st. Finally, ValuEngine upgraded DuPont Fabros Technology from a “hold” rating to a “buy” rating in a report on Friday, September 1st.

DuPont Fabros Technology (DFT) remained flat at $$66.31 during trading on Friday.

In other news, Director Frederic V. Malek sold 17,000 shares of the stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $64.07, for a total value of $1,089,190.00. Following the completion of the sale, the director now directly owns 84,775 shares of the company’s stock, valued at $5,431,534.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael A. Coke sold 8,000 shares of the stock in a transaction that occurred on Tuesday, September 5th. The shares were 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 directly owns 20,258 shares of the company’s stock, valued at $1,293,878.46. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of DFT. BlackRock Inc. boosted its position in shares of DuPont Fabros Technology by 3,277.7% in the first quarter. BlackRock Inc. now owns 6,689,865 shares of the real estate investment trust’s stock valued at $331,749,000 after acquiring an additional 6,491,806 shares during the period. CNH Partners LLC bought a new stake in shares of DuPont Fabros Technology in the second quarter valued at approximately $190,756,000. Daiwa Securities Group Inc. boosted its position 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 during the period. OMERS ADMINISTRATION Corp bought a new stake in shares of DuPont Fabros Technology in the second quarter valued at approximately $35,332,000. Finally, JPMorgan Chase & Co. boosted its position 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 during the period.

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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.

Analyst Recommendations for DuPont Fabros Technology (NYSE:DFT)

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