WFG Advisors LP Takes Position in DuPont Fabros Technology, Inc. (NYSE:DFT)

WFG Advisors LP purchased a new position in shares of DuPont Fabros Technology, Inc. (NYSE:DFT) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,200 shares of the real estate investment trust’s stock, valued at approximately $318,000.

A number of other institutional investors have also bought and sold shares of DFT. UBS Asset Management Americas Inc. grew its holdings in DuPont Fabros Technology by 25.1% during the first quarter. UBS Asset Management Americas Inc. now owns 147,712 shares of the real estate investment trust’s stock worth $7,325,000 after purchasing an additional 29,601 shares during the period. Oxford Asset Management bought a new position in DuPont Fabros Technology during the first quarter worth about $231,000. American International Group Inc. grew its holdings in DuPont Fabros Technology by 5.4% during the first quarter. American International Group Inc. now owns 45,230 shares of the real estate investment trust’s stock worth $2,243,000 after purchasing an additional 2,311 shares during the period. Principal Financial Group Inc. grew its holdings in DuPont Fabros Technology by 6.9% during the first quarter. Principal Financial Group Inc. now owns 15,638 shares of the real estate investment trust’s stock worth $775,000 after purchasing an additional 1,003 shares during the period. Finally, Teachers Advisors LLC grew its holdings in DuPont Fabros Technology by 2.0% during the first quarter. Teachers Advisors LLC now owns 422,647 shares of the real estate investment trust’s stock worth $20,959,000 after purchasing an additional 8,465 shares during the period.

DuPont Fabros Technology, Inc. (DFT) traded down 2.31% during midday trading on Friday, hitting $66.31. 4,402,742 shares of the stock were exchanged. The firm has a market capitalization of $5.14 billion, a P/E ratio of 40.38 and a beta of 0.68. The firm’s 50-day moving average price is $64.75 and its 200 day moving average price is $57.90. DuPont Fabros Technology, Inc. has a 1-year low of $37.54 and a 1-year high of $69.33.

DuPont Fabros Technology (NYSE:DFT) last announced its quarterly 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). DuPont Fabros Technology had a net margin of 26.98% and a return on equity of 17.13%. The firm had revenue of $140.70 million during the quarter, compared to the consensus estimate of $141.48 million. During the same period in the previous year, the business earned $0.64 earnings per share. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. Analysts expect that DuPont Fabros Technology, Inc. will post $1.77 earnings per share for the current fiscal year.

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In other news, EVP Maria Kenny sold 149,910 shares of the firm’s stock in a transaction on 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 owns 122,638 shares in the company, valued at approximately $7,541,010.62. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Pont Lammot J. Du sold 296,185 shares of the firm’s stock in a transaction on 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 owns 215,673 shares in the company, valued at approximately $13,259,576.04. The disclosure for this sale can be found here. Over the last three months, insiders sold 736,554 shares of company stock valued at $45,714,603. Insiders own 5.60% of the company’s stock.

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 set a $64.00 price objective on shares of DuPont Fabros Technology in a report on Friday, July 21st. Barclays PLC boosted 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 cut 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. Ten investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $60.15.

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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