Teachers Advisors LLC cut its stake in shares of DuPont Fabros Technology, Inc. (NYSE:DFT) by 52.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 200,163 shares of the real estate investment trust’s stock after selling 222,484 shares during the period. Teachers Advisors LLC owned approximately 0.26% of DuPont Fabros Technology worth $12,242,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Legal & General Group Plc grew its stake in DuPont Fabros Technology by 11.0% in the second quarter. Legal & General Group Plc now owns 204,816 shares of the real estate investment trust’s stock valued at $12,527,000 after acquiring an additional 20,287 shares during the period. Vivaldi Capital Management LLC acquired a new position in DuPont Fabros Technology in the second quarter valued at about $1,438,483,000. First Trust Advisors LP grew its stake in DuPont Fabros Technology by 21.5% in the second quarter. First Trust Advisors LP now owns 50,550 shares of the real estate investment trust’s stock valued at $3,092,000 after acquiring an additional 8,938 shares during the period. Swiss National Bank grew its stake in DuPont Fabros Technology by 3.9% in the second quarter. Swiss National Bank now owns 129,140 shares of the real estate investment trust’s stock valued at $7,898,000 after acquiring an additional 4,900 shares during the period. Finally, Capital Fund Management S.A. grew its stake in DuPont Fabros Technology by 789.1% in the second quarter. Capital Fund Management S.A. now owns 104,680 shares of the real estate investment trust’s stock valued at $6,402,000 after acquiring an additional 92,906 shares during the period.

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In other news, Chairman Pont Lammot J. Du sold 296,185 shares of the firm’s stock in a transaction dated Monday, July 31st. The stock was 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 in the company, valued at approximately $13,259,576.04. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Jeffrey H. Foster sold 64,843 shares of the firm’s stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $61.49, for a total value of $3,987,196.07. Following the completion of the sale, the chief financial officer now owns 40,447 shares of the company’s stock, valued at $2,487,086.03. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 801,397 shares of company stock valued at $49,701,799. 5.60% of the stock is currently owned by company insiders.

DFT has been the subject of a number of research analyst reports. Jefferies Group LLC reissued a “hold” rating and issued a $63.00 target price on shares of DuPont Fabros Technology in a research note on Friday, July 14th. BidaskClub raised DuPont Fabros Technology from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 25th. Compass Point reissued a “neutral” rating and issued a $62.00 target price (up from $57.50) on shares of DuPont Fabros Technology in a research note on Monday, June 12th. Royal Bank Of Canada cut DuPont Fabros Technology from an “outperform” rating to a “sector perform” rating and boosted their target price for the company from $59.00 to $62.00 in a research note on Monday, June 12th. They noted that the move was a valuation call. Finally, TheStreet cut DuPont Fabros Technology from a “b” rating to a “c+” rating in a research note on Monday, July 31st. Eleven analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. DuPont Fabros Technology has a consensus rating of “Hold” and a consensus target price of $58.59.

Shares of DuPont Fabros Technology, Inc. (NYSE:DFT) opened at 66.31 on Friday. The company’s 50-day moving average price is $64.02 and its 200 day moving average price is $57.12. The company 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, Inc. has a 12-month low of $37.54 and a 12-month high of $69.33.

DuPont Fabros Technology (NYSE:DFT) last issued its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.39). The firm had revenue of $140.70 million during the quarter, compared to analyst estimates of $141.48 million. DuPont Fabros Technology had a net margin of 26.98% and a return on equity of 17.13%. The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. Equities analysts predict that DuPont Fabros Technology, Inc. will post $1.77 earnings per share for the current year.

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.

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

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