Loomis Sayles & Co. L P cut its position in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 4.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 761,277 shares of the basic materials company’s stock after selling 34,592 shares during the period. Loomis Sayles & Co. L P owned 0.09% of E.I. du Pont de Nemours and worth $61,153,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in DD. Lee Danner & Bass Inc. boosted its stake in shares of E.I. du Pont de Nemours and by 0.4% in the first quarter. Lee Danner & Bass Inc. now owns 4,570 shares of the basic materials company’s stock valued at $367,000 after buying an additional 19 shares during the period. Vaughan David Investments Inc. IL boosted its stake in shares of E.I. du Pont de Nemours and by 0.4% in the first quarter. Vaughan David Investments Inc. IL now owns 7,281 shares of the basic materials company’s stock valued at $585,000 after buying an additional 26 shares during the period. Berkeley Capital Partners LLC boosted its stake in shares of E.I. du Pont de Nemours and by 0.4% in the first quarter. Berkeley Capital Partners LLC now owns 6,420 shares of the basic materials company’s stock valued at $516,000 after buying an additional 27 shares during the period. Advantage Investment Management LLC boosted its stake in shares of E.I. du Pont de Nemours and by 2.0% in the first quarter. Advantage Investment Management LLC now owns 1,705 shares of the basic materials company’s stock valued at $137,000 after buying an additional 33 shares during the period. Finally, Summit Financial Wealth Advisors LLC boosted its stake in shares of E.I. du Pont de Nemours and by 0.8% in the first quarter. Summit Financial Wealth Advisors LLC now owns 4,539 shares of the basic materials company’s stock valued at $365,000 after buying an additional 38 shares during the period. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Shares of E.I. du Pont de Nemours and Company (NYSE DD) traded up 1.160% during mid-day trading on Thursday, reaching $84.155. 1,620,073 shares of the company’s stock were exchanged. E.I. du Pont de Nemours and Company has a 52 week low of $66.02 and a 52 week high of $86.36. The stock has a market cap of $73.03 billion, a price-to-earnings ratio of 32.873 and a beta of 1.76. The stock has a 50 day moving average price of $82.87 and a 200 day moving average price of $80.60.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.52 annualized dividend and a dividend yield of 1.83%. E.I. du Pont de Nemours and’s dividend payout ratio (DPR) is presently 59.38%.

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Several brokerages have issued reports on DD. BidaskClub cut shares of E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Zacks Investment Research cut shares of E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $96.00 price target on shares of E.I. du Pont de Nemours and in a research report on Tuesday. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $81.25.

In other news, SVP Benito Cachinero sold 10,621 shares of the company’s stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $81.67, for a total transaction of $867,417.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.31% of the company’s stock.

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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