Somewhat Positive Press Coverage Somewhat Unlikely to Impact Dupont Fabros Technology (DFT) Stock Price
Headlines about Dupont Fabros Technology (NYSE:DFT) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Dupont Fabros Technology earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 45.8801102647283 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern’s rankings:
- Dupont Fabros Technology, Inc. (NYSE:DFT) Sees Unusual Trading Volume in Its Shares (highlightpress.com)
- Dupont Fabros Technology, Inc. (NYSE:DFT) Trading Volume Significantly Lower – Modern Readers (modernreaders.com)
- Dupont Fabros Technology, Inc. (DFT) Director Sells $1,089,190.00 in Stock (americanbankingnews.com)
- Dupont Fabros Technology, Inc. (DFT) Rating Increased to Strong-Buy at BidaskClub (americanbankingnews.com)
- Dupont Fabros Technology, Inc. (DFT) Expected to Announce Earnings of $0.78 Per Share (americanbankingnews.com)
Dupont Fabros Technology (DFT) traded down 0.55% on Monday, hitting $63.76. 443,570 shares of the stock traded hands. The firm’s 50 day moving average is $61.76 and its 200 day moving average is $55.23. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 38.83 and a beta of 0.68. Dupont Fabros Technology has a 52 week low of $37.54 and a 52 week high of $66.18.
Dupont Fabros Technology (NYSE:DFT) last issued its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.77 by $0.39. The company had revenue of $140.70 million during the quarter, compared to analysts’ expectations of $141.48 million. Dupont Fabros Technology had a return on equity of 19.58% and a net margin of 26.05%. Dupont Fabros Technology’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period last year, the firm posted $0.64 earnings per share. Equities analysts anticipate that Dupont Fabros Technology will post $1.77 earnings per share for the current year.
DFT has been the subject of a number of research reports. Jefferies Group LLC reissued a “hold” rating and set a $63.00 target price on shares of Dupont Fabros Technology in a research note on Friday, July 14th. KeyCorp raised shares of Dupont Fabros Technology from a “sector weight” rating to an “overweight” rating and set a $60.00 target price for the company in a research note on Tuesday, May 2nd. Royal Bank Of Canada reissued a “buy” rating on shares of Dupont Fabros Technology in a research note on Monday, May 1st. Zacks Investment Research raised shares of Dupont Fabros Technology from a “sell” rating to a “hold” rating in a research note on Monday, May 1st. Finally, BidaskClub raised shares of Dupont Fabros Technology from a “buy” rating to a “strong-buy” rating in a research note on Friday. Eleven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $57.63.
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In other Dupont Fabros Technology news, Chairman Pont Lammot J. Du sold 296,185 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $61.48, for a total transaction of $18,209,453.80. Following the sale, the chairman now directly owns 215,673 shares of the company’s stock, valued at $13,259,576.04. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Maria Kenny sold 149,910 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $61.49, for a total transaction of $9,217,965.90. Following the sale, the executive vice president now directly owns 122,638 shares in the company, valued at $7,541,010.62. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 793,397 shares of company stock worth $49,190,839. 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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