DuPont Fabros Technology (DFT) : Weaver C. Barksdale Associates reduced its stake in DuPont Fabros Technology by 26.21% during the most recent quarter end. The investment management company now holds a total of 21,022 shares of DuPont Fabros Technology which is valued at $1,000,017 after selling 7,468 shares in DuPont Fabros Technology , the firm said in a disclosure report filed with the SEC on Jul 11, 2016.DuPont Fabros Technology makes up approximately 1.70% of Weaver C. Barksdale Associates’s portfolio.
Other Hedge Funds, Including , Quotient Investors reduced its stake in DFT by selling 300 shares or 3.0% in the most recent quarter. The Hedge Fund company now holds 9,700 shares of DFT which is valued at $461,429. DuPont Fabros Technology makes up approx 0.21% of Quotient Investors’s portfolio. Washington Trust Bank sold out all of its stake in DFT during the most recent quarter. The investment firm sold 700 shares of DFT which is valued $33,635.Bnp Paribas Arbitrage Sa boosted its stake in DFT in the latest quarter, The investment management firm added 3,264 additional shares and now holds a total of 3,311 shares of DuPont Fabros Technology which is valued at $159,094.
DuPont Fabros Technology closed down -0.24 points or -0.50% at $47.57 with 4,68,990 shares getting traded on Wednesday. Post opening the session at $47.8, the shares hit an intraday low of $47.5 and an intraday high of $47.91 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, DuPont Fabros Technology reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.66. The company had revenue of $124.14 million for the quarter, compared to analysts expectations of $122.34 million. The company’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 EPS.
Many Wall Street Analysts have commented on DuPont Fabros Technology. Company shares were Reiterated by RBC Capital Mkts on May 9, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 44 from a previous price target of $37 .
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.