Strs Ohio decreased its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 2.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 489,358 shares of the basic materials company’s stock after selling 14,184 shares during the period. Strs Ohio owned approximately 0.06% of E.I. du Pont de Nemours and worth $39,496,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DD. Vanguard Group Inc. raised its stake in E.I. du Pont de Nemours and by 2.9% in the first quarter. Vanguard Group Inc. now owns 60,580,688 shares of the basic materials company’s stock valued at $4,866,447,000 after buying an additional 1,685,604 shares in the last quarter. BlackRock Inc. increased its position in shares of E.I. du Pont de Nemours and by 2,719.5% in the first quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock worth $4,392,942,000 after buying an additional 52,746,611 shares during the last quarter. FMR LLC increased its position in shares of E.I. du Pont de Nemours and by 5.9% in the first quarter. FMR LLC now owns 32,371,752 shares of the basic materials company’s stock worth $2,600,423,000 after buying an additional 1,813,187 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of E.I. du Pont de Nemours and by 36.6% in the first quarter. JPMorgan Chase & Co. now owns 18,028,546 shares of the basic materials company’s stock worth $1,448,235,000 after buying an additional 4,825,726 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of E.I. du Pont de Nemours and by 15.9% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 9,343,994 shares of the basic materials company’s stock worth $750,603,000 after buying an additional 1,281,358 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

E.I. du Pont de Nemours and Company (DD) opened at 83.93 on Friday. 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 has a market cap of $72.83 billion, a PE ratio of 32.79 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 $80.79.

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, beating analysts’ consensus estimates 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 company had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.28 billion. During the same period in the previous year, the company posted $1.24 earnings per share. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities analysts forecast 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. Shareholders of record on Monday, July 31st will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Thursday, July 27th. E.I. du Pont de Nemours and’s dividend payout ratio (DPR) is presently 59.38%.

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A number of research analysts recently commented on the company. BidaskClub downgraded E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Jefferies Group LLC restated a “buy” rating and set a $96.00 price objective on shares of E.I. du Pont de Nemours and in a research note on Tuesday. Finally, Zacks Investment Research upgraded 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 note on Tuesday, June 27th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $81.25.

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