Rhumbline Advisers decreased its stake in Dupont Fabros Technology, Inc. (NYSE:DFT) by 2.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 108,009 shares of the real estate investment trust’s stock after selling 2,896 shares during the period. Rhumbline Advisers owned about 0.14% of Dupont Fabros Technology worth $6,606,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DFT. Trust Co. of Toledo NA OH boosted its stake in shares of Dupont Fabros Technology by 0.3% in the first quarter. Trust Co. of Toledo NA OH now owns 10,125 shares of the real estate investment trust’s stock valued at $502,000 after buying an additional 32 shares during the last quarter. Thrivent Financial For Lutherans boosted its stake in shares of Dupont Fabros Technology by 0.4% in the first quarter. Thrivent Financial For Lutherans now owns 27,083 shares of the real estate investment trust’s stock valued at $1,343,000 after buying an additional 100 shares during the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of Dupont Fabros Technology by 0.3% in the second quarter. Great West Life Assurance Co. Can now owns 45,580 shares of the real estate investment trust’s stock valued at $2,782,000 after buying an additional 140 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Dupont Fabros Technology by 4.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,915 shares of the real estate investment trust’s stock valued at $244,000 after buying an additional 189 shares during the last quarter. Finally, AlphaMark Advisors LLC boosted its stake in shares of Dupont Fabros Technology by 1.4% in the first quarter. AlphaMark Advisors LLC now owns 15,000 shares of the real estate investment trust’s stock valued at $744,000 after buying an additional 200 shares during the last quarter.

Dupont Fabros Technology, Inc. (NYSE DFT) opened at 63.76 on Tuesday. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 38.83 and a beta of 0.68. The firm’s 50 day moving average price is $61.76 and its 200 day moving average price is $55.23. Dupont Fabros Technology, Inc. has a 12 month low of $37.54 and a 12 month high of $66.18.

Dupont Fabros Technology (NYSE:DFT) last released its quarterly earnings data on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the 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 business had revenue of $140.70 million during the quarter, compared to analyst estimates of $141.48 million. During the same period in the previous year, the company earned $0.64 EPS. Dupont Fabros Technology’s revenue was up 9.6% on a year-over-year basis. On average, equities research analysts predict that Dupont Fabros Technology, Inc. will post $1.77 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://www.watchlistnews.com/rhumbline-advisers-has-6-61-million-stake-in-dupont-fabros-technology-inc-dft/1528998.html.

Several brokerages have weighed in on DFT. Royal Bank Of Canada cut Dupont Fabros Technology from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $59.00 to $62.00 in a research note on Monday, June 12th. They noted that the move was a valuation call. UBS AG cut Dupont Fabros Technology from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 22nd. Robert W. Baird cut Dupont Fabros Technology from an “outperform” rating to a “neutral” rating and boosted their price objective for the stock from $53.00 to $63.00 in a research note on Monday, June 12th. BidaskClub cut Dupont Fabros Technology from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Finally, Raymond James Financial, Inc. reissued a “market perform” rating on shares of Dupont Fabros Technology in a research note on Thursday, June 22nd. Eleven investment 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 company. The stock currently has a consensus rating of “Hold” and a consensus price target of $57.63.

In other news, Director Frederic V. Malek sold 30,000 shares of the stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $62.71, for a total value of $1,881,300.00. Following the completion of the sale, the director now owns 112,375 shares of the company’s stock, valued at $7,047,036.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Pont Lammot J. Du sold 296,185 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $61.48, for a total transaction 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. Insiders sold 793,397 shares of company stock valued at $49,190,839 in the last three months. Company insiders own 5.60% of the company’s stock.

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.

Want to see what other hedge funds are holding DFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dupont Fabros Technology, Inc. (NYSE:DFT).

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

Receive News & Ratings for Dupont Fabros Technology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dupont Fabros Technology Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.