WINTON GROUP Ltd bought a new stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 157,981 shares of the basic materials company’s stock, valued at approximately $10,580,000.

A number of other hedge funds have also made changes to their positions in the stock. Murphy Pohlad Asset Management LLC purchased a new position in shares of E.I. du Pont de Nemours and during the first quarter valued at about $206,000. Wagner Bowman Management Corp boosted its position in shares of E.I. du Pont de Nemours and by 1.3% in the first quarter. Wagner Bowman Management Corp now owns 4,045 shares of the basic materials company’s stock valued at $324,000 after buying an additional 50 shares during the period. Cape Cod Five Cents Savings Bank boosted its position in shares of E.I. du Pont de Nemours and by 0.4% in the first quarter. Cape Cod Five Cents Savings Bank now owns 16,170 shares of the basic materials company’s stock valued at $1,299,000 after buying an additional 66 shares during the period. Windward Capital Management Co. CA boosted its position in shares of E.I. du Pont de Nemours and by 11.7% in the first quarter. Windward Capital Management Co. CA now owns 9,196 shares of the basic materials company’s stock valued at $739,000 after buying an additional 962 shares during the period. Finally, Rothschild Investment Corp IL boosted its position in shares of E.I. du Pont de Nemours and by 0.8% in the first quarter. Rothschild Investment Corp IL now owns 14,394 shares of the basic materials company’s stock valued at $1,156,000 after buying an additional 120 shares during the period. 71.18% of the stock is currently owned by hedge funds and other institutional investors.

Shares of E.I. du Pont de Nemours and Company (DD) traded up 0.23% during trading on Friday, hitting $82.58. The company had a trading volume of 392,470 shares. E.I. du Pont de Nemours and Company has a 12-month low of $66.02 and a 12-month high of $86.36. The firm has a 50 day moving average of $82.84 and a 200 day moving average of $80.55. The stock has a market cap of $71.66 billion, a PE ratio of 32.26 and a beta of 1.76.

E.I. du Pont de Nemours and (NYSE:DD) last issued its quarterly earnings results on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.09. The company had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.28 billion. E.I. du Pont de Nemours and had a net margin of 8.86% and a return on equity of 31.23%. E.I. du Pont de Nemours and’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.24 earnings per share. On average, analysts forecast that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be issued a dividend of $0.38 per share. The ex-dividend date is Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.84%. E.I. du Pont de Nemours and’s dividend payout ratio (DPR) is presently 59.38%.

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Several brokerages have recently issued reports on DD. BidaskClub cut E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Zacks Investment Research cut E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $95.00 price target (up from $90.00) on shares of E.I. du Pont de Nemours and in a research report on Saturday, April 29th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $81.25.

In other news, SVP Benito Cachinero sold 10,621 shares of E.I. du Pont de Nemours and stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $81.67, for a total transaction of $867,417.07. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.31% of the stock is currently owned by insiders.

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.

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

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