The stock of DuPont Fabros Technology, Inc. (NYSE:DFT) is a huge mover today! The stock decreased 2.74% or $1.08 on October 5, hitting $38.28. DuPont Fabros Technology, Inc. (NYSE:DFT) has risen 7.51% since March 2, 2016 and is uptrending. It has underperformed by 0.75% the S&P500.
The move comes after 9 months negative chart setup for the $2.83B company. It was reported on Oct, 6 by Barchart.com. We have $35.60 PT which if reached, will make NYSE:DFT worth $198.10 million less.
Analysts await DuPont Fabros Technology, Inc. (NYSE:DFT) to report earnings on November, 3. They expect $0.73 EPS, up 17.74% or $0.11 from last year’s $0.62 per share. DFT’s profit will be $53.97 million for 13.11 P/E if the $0.73 EPS becomes a reality. After $0.64 actual EPS reported by DuPont Fabros Technology, Inc. for the previous quarter, Wall Street now forecasts 14.06% EPS growth.
DuPont Fabros Technology, Inc. (NYSE:DFT) Ratings Coverage
Out of 10 analysts covering Dupont Fabros Tech (NYSE:DFT), 5 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 50% are positive. Dupont Fabros Tech has been the topic of 18 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of DuPont Fabros Technology, Inc. (NYSE:DFT) has “Hold” rating given on Monday, May 16 by Jefferies. BB&T Capital initiated it with “Hold” rating and $36.50 target price in Thursday, November 12 report. RBC Capital Markets downgraded DuPont Fabros Technology, Inc. (NYSE:DFT) on Tuesday, September 22 to “Sector Perform” rating. On Tuesday, November 24 the stock rating was initiated by Suntrust Robinson with “Buy”. The stock of DuPont Fabros Technology, Inc. (NYSE:DFT) earned “Overweight” rating by Barclays Capital on Tuesday, July 19. The rating was downgraded by Robert W. Baird to “Outperform” on Tuesday, August 11. Jefferies maintained it with “Hold” rating and $49 target price in Thursday, August 11 report. The firm has “Neutral” rating given on Friday, April 8 by Janney Capital. The company was maintained on Friday, July 31 by RBC Capital Markets. The stock of DuPont Fabros Technology, Inc. (NYSE:DFT) has “Overweight” rating given on Tuesday, March 22 by Barclays Capital.
According to Zacks Investment Research, “DuPont Fabros Technology, Inc. is a leading owner, developer, operator and manager of wholesale data centers and a real estate investment trust. The Company’s data centers are highly specialized, secure facilities used primarily by national and international technology companies to house, power and cool the computer servers that support many of their most critical business processes. DuPont Fabros Technology is headquartered in Washington, DC.”
Insitutional Activity: The institutional sentiment increased to 1.37 in Q2 2016. Its up 0.04, from 1.33 in 2016Q1. The ratio increased, as 21 funds sold all DuPont Fabros Technology, Inc. shares owned while 77 reduced positions. 47 funds bought stakes while 87 increased positions. They now own 73.00 million shares or 0.81% more from 72.41 million shares in 2016Q1.
Blackrock Invest Ltd Llc holds 278,417 shares or 0.02% of its portfolio. The Alberta – Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt has invested 0.02% in DuPont Fabros Technology, Inc. (NYSE:DFT). Blackrock Institutional Tru Communications Na holds 0.02% of its portfolio in DuPont Fabros Technology, Inc. (NYSE:DFT) for 2.69 million shares. Tiaa Cref Invest Management Ltd Liability Corp last reported 289,514 shares in the company. Everpoint Asset Limited reported 104,233 shares or 0.1% of all its holdings. Manufacturers Life The, a Ontario – Canada-based fund reported 49,347 shares. State Street Corp holds 0.01% or 2.31M shares in its portfolio. Ig Invest Mgmt Ltd last reported 20,259 shares in the company. The New York-based Miller Howard Invests Ny has invested 0.18% in DuPont Fabros Technology, Inc. (NYSE:DFT). Wealthtrust Axiom Ltd has 35,750 shares for 0.65% of their US portfolio. Amica Pension Fund Board Of Trustees holds 4,139 shares or 0.03% of its portfolio. Teacher Retirement System Of Texas has 121,447 shares for 0.04% of their US portfolio. Sei Invs Com accumulated 483,517 shares or 0.14% of the stock. Moreover, Hsbc Hldg Public Limited Com has 0% invested in DuPont Fabros Technology, Inc. (NYSE:DFT) for 11,998 shares. Blackrock Gru Ltd has invested 0.01% of its portfolio in DuPont Fabros Technology, Inc. (NYSE:DFT).
Insider Transactions: Since May 11, 2016, the stock had 0 insider buys, and 6 selling transactions for $3.21 million net activity. 5,964 DuPont Fabros Technology, Inc. (NYSE:DFT) shares with value of $274,344 were sold by Eldredge Christopher P.. Davis Scott A sold $417,271 worth of DuPont Fabros Technology, Inc. (NYSE:DFT) on Monday, June 13. Another trade for 14,442 shares valued at $605,360 was made by Montfort Richard A JR on Wednesday, May 11. 13,889 shares were sold by FOSTER JEFFREY H, worth $639,590 on Wednesday, June 15. 2,844 shares with value of $120,046 were sold by Armstrong James Warren on Wednesday, May 11. Another trade for 25,000 shares valued at $1.15 million was sold by Kenny Maria.
More notable recent DuPont Fabros Technology, Inc. (NYSE:DFT) news were published by: Nasdaq.com which released: “DuPont Fabros Technology, Inc. Announces Date of Third Quarter 2016 Earnings …” on October 04, 2016, also Finance.Yahoo.com with their article: “DuPont Fabros Technology, Inc. Announces Successful Achievement of Its Sales …” published on October 03, 2016, Globenewswire.com published: “DuPont Fabros Technology, Inc. Announces Participation in 24th Annual Deutsche …” on September 20, 2016. More interesting news about DuPont Fabros Technology, Inc. (NYSE:DFT) were released by: Globenewswire.com and their article: “DuPont Fabros Technology, Inc. Announces Sale of NJ1 Data Center Facility” published on June 06, 2016 as well as Prnewswire.com‘s news article titled: “DuPont Fabros Technology, Inc. Names Brian Doricko Senior Vice President And …” with publication date: November 17, 2015.
DFT Company Profile
DuPont Fabros Technology, Inc. (DFT), incorporated on March 1, 2007, is a real estate investment trust (REIT). The Firm is a self-administered and self-managed firm that owns, acquires, develops and operates wholesale data centers. The Company’s clients outsource their applications, and include national and international enterprises across various industries, such as technology, Internet content providers, media, communications, cloud providers, healthcare and financial services. The Company’s data centers are located in four population centers: Northern Virginia; suburban Chicago, Illinois; Piscataway, New Jersey, and Santa Clara, California. The Firm owns various properties, including approximately 10 operating data centers facilities; over three phases of existing data center facilities under development; approximately two data center facilities with phases that are available for future development, and over three parcels of land held for future development of data centers.
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