The stock of DuPont Fabros Technology, Inc. (NYSE:DFT) is a huge mover today! About 563,941 shares traded hands. DuPont Fabros Technology, Inc. (NYSE:DFT) has declined 3.78% since April 20, 2016 and is downtrending. It has underperformed by 8.33% the S&P500.
The move comes after 9 months positive chart setup for the $3.15 billion company. It was reported on Nov, 22 by Barchart.com. We have $43.61 PT which if reached, will make NYSE:DFT worth $157.50M more.
DuPont Fabros Technology, Inc. (NYSE:DFT) Ratings Coverage
Out of 11 analysts covering Dupont Fabros Tech (NYSE:DFT), 7 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 64% are positive. Dupont Fabros Tech has been the topic of 20 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was maintained by Jefferies on Thursday, August 11 with “Hold”. The firm has “Neutral” rating by Citigroup given on Monday, April 4. As per Tuesday, August 11, the company rating was downgraded by Robert W. Baird. RBC Capital Markets downgraded DuPont Fabros Technology, Inc. (NYSE:DFT) rating on Tuesday, September 22. RBC Capital Markets has “Sector Perform” rating and $29.0 price target. Suntrust Robinson initiated DuPont Fabros Technology, Inc. (NYSE:DFT) rating on Tuesday, November 24. Suntrust Robinson has “Buy” rating and $40 price target. The company was maintained on Friday, July 31 by RBC Capital Markets. RBC Capital Markets upgraded the stock to “Outperform” rating in Friday, October 28 report. The stock of DuPont Fabros Technology, Inc. (NYSE:DFT) earned “Outperform” rating by Raymond James on Wednesday, September 14. As per Friday, June 17, the company rating was maintained by Barclays Capital. The rating was downgraded by Janney Capital to “Neutral” on Friday, April 8.
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 1.5 in Q2 2016. Its up 0.13, from 1.37 in 2016Q1. The ratio is positive, 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.
Alphamark Advsr Llc holds 0.4% of its portfolio in DuPont Fabros Technology, Inc. (NYSE:DFT) for 14,300 shares. Amica Retiree Tru reported 623 shares or 0.03% of all its holdings. Amica Pension Fund Board Of Trustees reported 4,139 shares or 0.03% of all its holdings. Secor Advisors L P holds 0.06% or 10,489 shares in its portfolio. The New York-based Rothschild Asset Management has invested 0.27% in DuPont Fabros Technology, Inc. (NYSE:DFT). Diam Company reported 334,180 shares or 0.23% of all its holdings. Ameriprise has 880,350 shares for 0.02% of their US portfolio. Blackrock Gp Ltd holds 494,174 shares or 0.01% of its portfolio. Miller Howard Invests Inc last reported 0.18% of its portfolio in the stock. Bank Of America Corporation De accumulated 0.02% or 2.26M shares. Principal Gp Inc Inc holds 0% or 14,419 shares in its portfolio. The New York-based Cipher Capital L P has invested 0.19% in DuPont Fabros Technology, Inc. (NYSE:DFT). Amica Mutual Insurance has invested 0.02% of its portfolio in DuPont Fabros Technology, Inc. (NYSE:DFT). Millennium Mgmt Limited Liability last reported 0.05% of its portfolio in the stock. Parametric Port accumulated 179,930 shares or 0.01% of the stock.
Insider Transactions: Since June 8, 2016, the stock had 1 buying transaction, and 4 insider sales for $2.28 million net activity. Kenny Maria sold $1.15M worth of stock. $274,344 worth of DuPont Fabros Technology, Inc. (NYSE:DFT) shares were sold by Eldredge Christopher P.. Davis Scott A had sold 9,166 shares worth $417,271. ECKERT THOMAS D bought $198,594 worth of DuPont Fabros Technology, Inc. (NYSE:DFT) on Monday, November 21. The insider FOSTER JEFFREY H sold $639,590.
More notable recent DuPont Fabros Technology, Inc. (NYSE:DFT) news were published by: Globenewswire.com which released: “DuPont Fabros Technology, Inc. Announces Participation in Upcoming Investor …” on October 31, 2016, also Globenewswire.com with their article: “DuPont Fabros Technology, Inc. Announces Purchase of Shell Building in the …” published on October 27, 2016, Globenewswire.com published: “DuPont Fabros Technology, Inc. Announces Sale of NJ1 Data Center Facility” on June 06, 2016. More interesting news about DuPont Fabros Technology, Inc. (NYSE:DFT) were released by: Prnewswire.com and their article: “DuPont Fabros Technology, Inc. Announces Over $2 Billion Invested In Ashburn …” published on September 29, 2015 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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