Dupont Fabros Technology Inc. (NYSE:DFT) posted its quarterly earnings data on Thursday. The real estate investment trust reported $0.73 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.73. The company earned $134.33 million during the quarter, compared to analysts’ expectations of $131.90 million. Dupont Fabros Technology had a net margin of 7.67% and a return on equity of 20.26%. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 EPS.

Shares of Dupont Fabros Technology (NYSE:DFT) traded down 5.35% during midday trading on Thursday, hitting $39.97. 698,380 shares of the company’s stock traded hands. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 9992.50 and a beta of 0.59. The company has a 50 day moving average price of $41.98 and a 200 day moving average price of $43.79. Dupont Fabros Technology has a 1-year low of $28.83 and a 1-year high of $48.97.

Earnings History for Dupont Fabros Technology (NYSE:DFT)

The company also recently declared a quarterly dividend, which was paid on Monday, October 17th. Shareholders of record on Friday, October 7th were paid a $0.47 dividend. The ex-dividend date of this dividend was Wednesday, October 5th. This represents a $1.88 annualized dividend and a dividend yield of 4.45%. Dupont Fabros Technology’s payout ratio is currently -2,349.71%.

A number of research firms have weighed in on DFT. Zacks Investment Research cut shares of Dupont Fabros Technology from a “buy” rating to a “hold” rating in a research report on Tuesday, October 18th. Stifel Nicolaus raised shares of Dupont Fabros Technology from a “hold” rating to a “buy” rating and decreased their price objective for the company from $45.00 to $43.00 in a research report on Thursday, October 6th. They noted that the move was a valuation call. Raymond James Financial Inc. raised shares of Dupont Fabros Technology from a “market perform” rating to an “outperform” rating and set a $47.00 price objective for the company in a research report on Wednesday, September 14th. Jefferies Group reissued a “hold” rating on shares of Dupont Fabros Technology in a research report on Tuesday, September 13th. Finally, Barclays PLC upped their price objective on shares of Dupont Fabros Technology from $52.00 to $55.00 and gave the company an “overweight” rating in a research report on Wednesday, August 3rd. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $45.57.

Several institutional investors have recently added to or reduced their stakes in DFT. Hillcrest Asset Management LLC purchased a new stake in shares of Dupont Fabros Technology during the first quarter worth about $10,053,000. Panagora Asset Management Inc. increased its stake in shares of Dupont Fabros Technology by 43.2% in the first quarter. Panagora Asset Management Inc. now owns 358,949 shares of the real estate investment trust’s stock worth $14,548,000 after buying an additional 108,249 shares during the last quarter. Barclays PLC increased its stake in shares of Dupont Fabros Technology by 11.3% in the first quarter. Barclays PLC now owns 47,549 shares of the real estate investment trust’s stock worth $1,902,000 after buying an additional 4,818 shares during the last quarter. A.R.T. Advisors LLC increased its stake in shares of Dupont Fabros Technology by 769.7% in the first quarter. A.R.T. Advisors LLC now owns 69,151 shares of the real estate investment trust’s stock worth $2,802,000 after buying an additional 61,200 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Dupont Fabros Technology by 22.3% in the first quarter. Legal & General Group Plc now owns 146,592 shares of the real estate investment trust’s stock worth $5,943,000 after buying an additional 26,760 shares during the last quarter. Institutional investors and hedge funds own 98.19% of the company’s stock.

Dupont Fabros Technology Company Profile

DuPont Fabros Technology, Inc (DFT) is a real estate investment trust (REIT). The Company is a self-administered and self-managed company that owns, acquires, develops and operates wholesale data centers. The Company’s customers 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.

5 Day Chart for NYSE:DFT

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