Dupont Fabros Technology, Inc. (NYSE:DFT).
On June 12, 2017 the stock rating was changed to a “Sector Perform” in a report from Baird which is down from the previous “Outperform” rating. On December 8 the company was set at “Buy” according to a Citigroup report a boost from the previous “Outperform” rating.
Guggenheim began coverage with a rating of “Neutral”. On November 28, 2016 the stock rating was rated “Outperform” by Baird which was a boost from the previous “Neutral” rating.
On October 28, 2016 the stock rating was rated “Outperform” according to a RBC Capital report up from the previous “” rating.
The company is so far trading up by 9.83% since yesterday’s close of $55.36. The company recently announced a dividend that was paid on Mon Apr 17, 2017. The dividend payment was $0.500 per share for the quarter which comes to $2.00 on an annualized basis. This dividend represents a yield of $3.29. The ex-dividend date was set for Thursday the 30th of March 2017.
Shares are trading at $60.80 marginally over $52.86, the 50 day moving average and a bit higher than the 200 day moving average of $48.55. The 50 day moving average was up by +15.02% whereas the 200 day average was up by +25.24%.
DuPont Fabros Technology, Inc. (DFT), launched on March 1, 2007, is a real estate investment trust (REIT). The Company owns, acquires, develops and operates wholesale data centers. The Business’s customers include national and international enterprises across various industries, such as technology, Internet, content providers, cloud providers, media, communications, healthcare and financial services. Its data centers are located in four population centers: Northern Virginia; suburban Chicago, Illinois; Piscataway, New Jersey, and Santa Clara, California. As of December 31, 2016, the Company owned various properties, including 11 operating data centers facilities; five phases of existing data center facilities under development; one shell of a data center under development; two data center facilities with a phase or phases available for development, and parcels of land held for development of four data centers..
The P/E ratio is currently 34.66 and the market value is 4.71B. As of the last earnings report the EPS was $1.75 and is expected to be $1.82 for the current year with 77,483,000 shares now outstanding. Next quarter’s EPS is expected be $0.45 and the next full year EPS is anticipated to be $2.00.