Foresters Investment Management Company Inc. held its position in E.I. du Pont de Nemours and Company (NYSE:DD) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,590 shares of the basic materials company’s stock at the end of the first quarter. Foresters Investment Management Company Inc.’s holdings in E.I. du Pont de Nemours and were worth $5,510,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Financial Architects Inc increased its position in shares of E.I. du Pont de Nemours and by 18.2% in the first quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock worth $103,000 after buying an additional 199 shares during the period. Acrospire Investment Management LLC purchased a new position in shares of E.I. du Pont de Nemours and during the first quarter worth approximately $104,000. Signature Estate & Investment Advisors LLC purchased a new position in shares of E.I. du Pont de Nemours and during the first quarter worth approximately $125,000. Benjamin F. Edwards & Company Inc. increased its position in shares of E.I. du Pont de Nemours and by 6.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,680 shares of the basic materials company’s stock worth $135,000 after buying an additional 107 shares during the period. Finally, Advantage Investment Management LLC increased its position 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 worth $137,000 after buying an additional 33 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

Shares of E.I. du Pont de Nemours and Company (NYSE DD) traded up 1.07% during mid-day trading on Thursday, hitting $84.08. 1,492,425 shares of the company traded hands. The stock has a market capitalization of $72.97 billion, a price-to-earnings ratio of 32.84 and a beta of 1.76. E.I. du Pont de Nemours and Company has a one year low of $66.02 and a one year high of $86.36. The firm has a 50-day moving average of $82.86 and a 200-day moving average of $80.60.

E.I. du Pont de Nemours and (NYSE:DD) last issued its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.09. E.I. du Pont de Nemours and had a return on equity of 31.23% and a net margin of 8.86%. The business had revenue of $7.42 billion during the quarter, compared to analyst estimates of $7.28 billion. During the same quarter in the previous year, the firm earned $1.24 EPS. E.I. du Pont de Nemours and’s revenue was up 5.1% on a year-over-year basis. On average, 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 declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Thursday, July 27th. E.I. du Pont de Nemours and’s payout ratio is currently 59.38%.

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A number of research analysts have recently commented on DD shares. BidaskClub raised shares of E.I. du Pont de Nemours and from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Jefferies Group LLC reissued a “buy” rating and issued a $96.00 price objective on shares of E.I. du Pont de Nemours and in a research report on Tuesday. Finally, Zacks Investment Research raised shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research report on Tuesday, June 27th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock presently 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 the company’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $81.67, for a total transaction of $867,417.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.31% of the stock is owned by corporate insiders.

About E.I. du Pont de Nemours and

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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