Hillcrest Asset Management Lowers stake in DuPont Fabros Technology (DFT)

DuPont Fabros Technology (DFT) : Hillcrest Asset Management reduced its stake in DuPont Fabros Technology by 0.29% during the most recent quarter end. The investment management company now holds a total of 247,326 shares of DuPont Fabros Technology which is valued at $11,666,367 after selling 715 shares in DuPont Fabros Technology , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.DuPont Fabros Technology makes up approximately 2.80% of Hillcrest Asset Management’s portfolio.

Other Hedge Funds, Including , Qs Investors reduced its stake in DFT by selling 48,419 shares or 21.4% in the most recent quarter. The Hedge Fund company now holds 177,800 shares of DFT which is valued at $8,386,826. DuPont Fabros Technology makes up approx 0.07% of Qs Investors’s portfolio.Nomura Asset Management Co Ltd boosted its stake in DFT in the latest quarter, The investment management firm added 570 additional shares and now holds a total of 46,470 shares of DuPont Fabros Technology which is valued at $2,191,990. DuPont Fabros Technology makes up approx 0.04% of Nomura Asset Management Co Ltd’s portfolio.Pioneer Investment Management Inc boosted its stake in DFT in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 136,900 shares of DuPont Fabros Technology which is valued at $6,457,573. DuPont Fabros Technology makes up approx 0.02% of Pioneer Investment Management Inc’s portfolio.California Public Employees Retirement System boosted its stake in DFT in the latest quarter, The investment management firm added 24,700 additional shares and now holds a total of 185,081 shares of DuPont Fabros Technology which is valued at $8,606,267. DuPont Fabros Technology makes up approx 0.01% of California Public Employees Retirement System’s portfolio.Goodwin Daniel L reduced its stake in DFT by selling 1,000 shares or 10.0% in the most recent quarter. The Hedge Fund company now holds 9,000 shares of DFT which is valued at $430,470. DuPont Fabros Technology makes up approx 0.13% of Goodwin Daniel L’s portfolio.

DuPont Fabros Technology closed down -0.27 points or -0.64% at $42.13 with 11,15,845 shares getting traded on Thursday. Post opening the session at $42.21, the shares hit an intraday low of $41.53 and an intraday high of $42.35 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, DuPont Fabros Technology reported $0.64 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.65. The company had revenue of $128.54 million for the quarter, compared to analysts expectations of $126.17 million. The company’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.

DuPont Fabros Technology Inc. is an owner developer operator and manager of enterprise-class carrier-neutral large multi-tenant wholesale data centers. The Company’s facilities are designed to offer specialized efficient and safe computing environments in a low-cost operating model. The Company’s customers outsource their mission-critical applications and include national and international enterprises across numerous industries such as technology Internet content providers media communications cloud-based healthcare and financial services. The Company’s 12 data centers are located in four major United States markets which total approximately three million gross square feet and approximately 266 megawatts of available critical load to power the servers and computing equipment of its customers.

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