Ashfield Capital Partners LLC lowered its position in E.I. du Pont de Nemours and Company (NYSE:DD) by 3.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 12,139 shares of the basic materials company’s stock after selling 409 shares during the period. Ashfield Capital Partners LLC’s holdings in E.I. du Pont de Nemours and were worth $975,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in DD. GLG LLC boosted its stake in E.I. du Pont de Nemours and by 136.6% in the fourth quarter. GLG LLC now owns 48,663 shares of the basic materials company’s stock valued at $3,572,000 after buying an additional 28,094 shares in the last quarter. Pacific Global Investment Management CO boosted its stake in E.I. du Pont de Nemours and by 1.0% in the fourth quarter. Pacific Global Investment Management CO now owns 33,668 shares of the basic materials company’s stock valued at $2,471,000 after buying an additional 343 shares in the last quarter. Freestone Capital Holdings LLC boosted its stake in E.I. du Pont de Nemours and by 0.9% in the fourth quarter. Freestone Capital Holdings LLC now owns 9,786 shares of the basic materials company’s stock valued at $718,000 after buying an additional 86 shares in the last quarter. Moloney Securities Asset Management LLC acquired a new stake in E.I. du Pont de Nemours and during the fourth quarter valued at approximately $430,000. Finally, Fiera Capital Corp acquired a new stake in E.I. du Pont de Nemours and during the fourth quarter valued at approximately $286,000. Institutional investors and hedge funds own 71.10% of the company’s stock.

Shares of E.I. du Pont de Nemours and Company (NYSE DD) traded down 1.20% during midday trading on Thursday, hitting $81.33. The stock had a trading volume of 1,897,273 shares. E.I. du Pont de Nemours and Company has a 1-year low of $66.02 and a 1-year high of $86.36. The company’s 50 day moving average price is $82.93 and its 200-day moving average price is $79.88. The firm has a market capitalization of $70.58 billion, a PE ratio of 29.05 and a beta of 1.76.

E.I. du Pont de Nemours and (NYSE:DD) last announced its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.09. E.I. du Pont de Nemours and had a net margin of 8.86% and a return on equity of 31.23%. The company had revenue of $7.42 billion during the quarter, compared to analysts’ expectations of $7.28 billion. During the same quarter in the prior year, the company earned $1.24 EPS. The firm’s revenue was up 5.1% on a year-over-year basis. Equities analysts predict that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be paid a $0.38 dividend. The ex-dividend date is Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.87%. E.I. du Pont de Nemours and’s dividend payout ratio (DPR) is 59.38%.

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Several analysts recently commented on DD shares. Deutsche Bank AG restated a “buy” rating and issued a $95.00 target price (up from $90.00) on shares of E.I. du Pont de Nemours and in a research report on Saturday, April 29th. Zacks Investment Research raised E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $87.00 price target for the company in a research note on Wednesday, April 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $86.00 price target (up from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. Finally, BidaskClub raised E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $81.15.

E.I. du Pont de Nemours and Company Profile

E. I. du Pont de Nemours and Company is a science and technology-based company. It operates through six segments: Agriculture, Electronics & Communications (E&C), Industrial Biosciences, Nutrition & Health, Performance Materials and Protection Solutions. Its Agriculture segment includes products, such as corn hybrids and soybean varieties, herbicides, fungicides and insecticides.

Institutional Ownership by Quarter for E.I. du Pont de Nemours and (NYSE:DD)

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