DuPont Fabros Technology (DFT) : Copper Rock Capital Partners added new position in DuPont Fabros Technology during the most recent quarter end. The investment management firm now holds 688,236 shares of DuPont Fabros Technology which is valued at $28.9 Million according to a report filed by the company on Apr 5, 2016 with the SEC.DuPont Fabros Technology makes up approximately 2.54% of Copper Rock Capital Partners’s portfolio.
Other Hedge Funds, Including , Weaver C. Barksdale Associates reduced its stake in DFT by selling 190 shares or 0.66% in the most recent quarter. The Hedge Fund company now holds 28,490 shares of DFT which is valued at $1.2 Million. DuPont Fabros Technology makes up approx 0.90% of Weaver C. Barksdale Associates’s portfolio.Lvm Capital Management Ltdmi reduced its stake in DFT by selling 9,375 shares or 2.29% in the most recent quarter. The Hedge Fund company now holds 400,690 shares of DFT which is valued at $16.8 Million. DuPont Fabros Technology makes up approx 5.35% of Lvm Capital Management Ltdmi’s portfolio.Pensionfund Sabic reduced its stake in DFT by selling 28,000 shares or 83.58% in the most recent quarter. The Hedge Fund company now holds 5,500 shares of DFT which is valued at $230,945. DuPont Fabros Technology makes up approx 0.07% of Pensionfund Sabic’s portfolio.Pensionfund Dsm Netherlands reduced its stake in DFT by selling 76,000 shares or 84.44% in the most recent quarter. The Hedge Fund company now holds 14,000 shares of DFT which is valued at $587,860. DuPont Fabros Technology makes up approx 0.08% of Pensionfund Dsm Netherlands’s portfolio.
On the company’s financial health, DuPont Fabros Technology reported $0.61 EPS for the quarter, based on the information available during the earnings call on Feb 4, 2016. Analyst had a consensus estimate of $0.61. The company had revenue of $115.92 million for the quarter, compared to analysts expectations of $109.83 million. The company’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.
Many Wall Street Analysts have commented on DuPont Fabros Technology. DuPont Fabros Technology was Downgraded by Citigroup to ” Neutral” on Apr 4, 2016. Company shares were Reiterated by Barclays on Mar 22, 2016 to “Overweight”, Firm has raised the Price Target to $ 45 from a previous price target of $42 .Company shares were Reiterated by Barclays on Feb 16, 2016 to “Overweight”, Firm has raised the Price Target to $ 42 from a previous price target of $39 .
DuPont Fabros Technology opened for trading at $41.63 and hit $42.3 on the upside on Monday, eventually ending the session at $41.99, with a gain of 1.06% or 0.44 points. The heightened volatility saw the trading volume jump to 6,63,238 shares. Company has a market cap of $2,799 M.
DuPont Fabros Technology Inc. is an owner developer operator and manager of enterprise-class carrier-neutral large multi-tenant wholesale data centers. The Companys facilities are designed to offer specialized efficient and safe computing environments in a low-cost operating model. The Companys 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 Companys 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.