Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
DuPont Fabros Technology, Inc.
Industry Real estate investment trust
Fate Acquired by Digital Realty
Founded March 2, 2007; 10 years ago (March 2, 2007)
Defunct September 14, 2017; 57 days ago (September 14, 2017)
Headquarters Washington, D.C.
Key people
Christopher P. Eldredge, CEO
Lammot J. du Pont, Chairman
Jeffrey H. Foster, CFO
Products Data centers
Revenue Increase $0.528 billion (2016)
Net income
Increase $0.181 billion (2016)
Total assets Increase $3.034 billion (2016)
Total equity Increase $0.962 billion (2016)
Number of employees
122
Website www.dft.com

DuPont Fabros Technology, Inc. (DFT) was a real estate investment trust that invested in carrier-neutral data centers and provided colocation and peering services. In 2017, the company was acquired by Digital Realty.

As of December 31, 2016, the company owned 11 operating data center facilities comprising over 3.3 million net rentable square feet. Eight of the properties were in Northern Virginia, two were in Elk Grove Village, Illinois, and one was in Santa Clara, California.

The company leased space to companies, on a wholesale level, in which such companies rented space to build their own data centers.

The company had 32 customers and derived 92% of its revenue from its 15 largest customers. The company's largest customers included Microsoft (25.4% of revenue), Facebook (20.2% of revenue), Rackspace (9.0% of revenue), and Yahoo! (6.0% of revenue).

The company was co-founded by Lammot J. du Pont, an analyst for J.P. Morgan Chase and Hossein Fateh, a real estate developer in the Washington metro area.The company sought to acquire data centers that belonged to defunct internet service providers.

In 2004, the company's predecessor acquired 5 data centers from Savvis for $52 million in a leaseback transaction.

In 2005, the company's predecessor acquired a 230,000 square foot data center from AOL for $58.5 million.

On March 2, 2007, the company was incorporated as a real estate investment trust.

In October 2007, the company became a public company via an initial public offering that raised $640 million, the 7th largest initial public offering of a real estate investment trust at that time.

In early 2008, the company halted construction projects due to a lack of financing.

In 2009, the company was named as the fastest growing company in the Washington metro area by American City Business Journals.

In February 2011, Mohammed Mark Amin resigned from the board of directors and was replaced by John T. Roberts Jr.

In 2012, Hossein Fateh, the chief executive officer of the company, forgone his $450,000 salary in exchange for use of the company jet.

In 2012, the company reported that the volume of leasing was the largest in company history.

In May 2012, Mohammed Mark Amin, formerly a director of the company, was accused by the U.S. Securities and Exchange Commission of making a $618,000 profit as a result of insider trading in the company's securities.

In September 2014, the company opened a new data center in Ashburn, Virginia.

In February 2015, Christopher P. Eldredge was named chief executive officer of the company.

In March 2015, the company won the Brill Award For Data Center Design issued by Uptime Institute.

In March 2016, the company acquired a 46.7 acre parcel of land in Hillsboro, Oregon for $11.2 million.

In June 2016, the company sold a 38-acre data center in New Jersey to Quality Technology Services for $125 million.

In October 2016, the company acquired the former printing plant of the Toronto Star for C$54.25 million, with plans to convert it to a data center.

In May 2017, the company acquired a 56.5-acre undeveloped site in Mesa, Arizona with plans to construct a data center campus.

In September 2017, the company was acquired by Digital Realty.

Investment goal date:
Dividends reinvested
DuPont Fabros Technology, Inc. DFT report Q2 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q4 2017
2018-02-12
--
--
Q3 2017
2017-10-26
--
--
Q2 2017
2017-07-27
0.4700
0.3800
Q1 2017
2017-04-27
0.4500
0.4500
Q4 2016
2017-02-23
0.4400
0.4400
Q3 2016
2016-10-27
0.3700
0.3700
Q2 2016
2016-07-28
0.4900
0.4900
Q1 2016
2016-04-28
0.3600
0.3600
Q4 2015
2016-02-04
0.2900
-1.2300
Q3 2015
2015-10-29
0.2900
0.2900
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
AEW CAPITAL MANAGEMENT L P
2316119
AMERIPRISE FINANCIAL INC
1611048
BANK OF AMERICA CORP /DE/
2409681
Bank of New York Mellon Corp
1360296
BlackRock Fund Advisors
2698748
BlackRock Inc.
6689865
BlackRock Institutional Trust Company, N.A.
2908696
COHEN & STEERS INC
9514505
DEUTSCHE BANK AG\
3034970
LASALLE INVESTMENT MANAGEMENT SECURITIES LLC
2007506
NORTHERN TRUST CORP
1913929
OPPENHEIMER FUNDS INC
1397446
PGGM Investments
1260000
STATE STREET CORP
2813663
Vanguard Group, Inc
13760518
Major Shareholders
Name Relationship
Total Shares
Holding stocks
Wetzel Mark L
0.1700% (113429)
AVIV / DFT /
Heiliger Jonathan G
0.0200% (10398)
DFT / JIVE /
% ()