Public Employees Retirement System of Ohio Has $11.03 Million Stake in DuPont Fabros Technology, Inc. (NYSE:DFT)

Public Employees Retirement System of Ohio grew its holdings in DuPont Fabros Technology, Inc. (NYSE:DFT) by 67.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 180,324 shares of the real estate investment trust’s stock after acquiring an additional 72,346 shares during the period. Public Employees Retirement System of Ohio owned about 0.23% of DuPont Fabros Technology worth $11,029,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. increased its stake in DuPont Fabros Technology by 3,277.7% during the first quarter. BlackRock Inc. now owns 6,689,865 shares of the real estate investment trust’s stock worth $331,749,000 after acquiring an additional 6,491,806 shares during the last quarter. CNH Partners LLC bought a new position in shares of DuPont Fabros Technology during the second quarter valued at approximately $190,756,000. Daiwa Securities Group Inc. grew its stake in shares of DuPont Fabros Technology by 263.6% during 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 buying an additional 1,767,028 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new position in shares of DuPont Fabros Technology during the second quarter valued at approximately $35,332,000. Finally, JPMorgan Chase & Co. grew its stake in shares of DuPont Fabros Technology by 98.0% during 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 buying an additional 376,858 shares during the last quarter.

Shares of DuPont Fabros Technology, Inc. (NYSE DFT) traded down 2.31% during trading on Friday, reaching $66.31. The company had a trading volume of 4,402,742 shares. The firm has a market capitalization of $5.14 billion, a PE ratio of 40.38 and a beta of 0.68. The firm has a 50-day moving average of $64.75 and a 200 day moving average of $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 issued its quarterly earnings data on Thursday, July 27th. The real estate investment trust reported $0.38 earnings per share 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 quarter in the prior year, the business earned $0.64 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. Analysts expect that DuPont Fabros Technology, Inc. will post $1.77 earnings per share for the current year.

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In other news, EVP Scott A. Davis sold 44,067 shares of DuPont Fabros Technology stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $62.50, for a total value of $2,754,187.50. Following the transaction, the executive vice president now owns 104,997 shares of the company’s stock, valued at approximately $6,562,312.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael A. Coke sold 8,000 shares of DuPont Fabros Technology stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $63.87, for a total transaction of $510,960.00. Following the completion of the transaction, the director now directly owns 20,258 shares in the company, valued at approximately $1,293,878.46. The disclosure for this sale can be found here. Insiders have sold a total of 736,554 shares of company stock worth $45,714,603 over the last 90 days. 5.60% of the stock is owned by insiders.

DFT has been the topic of a number of analyst reports. Cowen and Company reaffirmed a “buy” rating and set a $59.00 target price on shares of DuPont Fabros Technology in a research note 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 research note on Tuesday, July 18th. Jefferies Group LLC reissued a “hold” rating and issued a $63.00 price objective on shares of DuPont Fabros Technology in a research note on Friday, July 14th. ValuEngine raised DuPont Fabros Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $64.00 price objective on shares of DuPont Fabros Technology in a research note on Friday, July 21st. Ten equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. DuPont Fabros Technology presently has a consensus rating of “Hold” and a consensus target price of $60.15.

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.

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

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