Liberty Mutual Group Asset Management Inc. lowered its stake in E I Du Pont De Nemours And Co (NYSE:DD) by 30.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,595 shares of the basic materials company’s stock after selling 19,431 shares during the period. Liberty Mutual Group Asset Management Inc.’s holdings in E I Du Pont De Nemours And were worth $3,502,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of DD. Financial Architects Inc raised its holdings 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 last quarter. Acrospire Investment Management LLC purchased a new position in shares of E I Du Pont De Nemours And in the first quarter worth $104,000. Signature Estate & Investment Advisors LLC purchased a new position in shares of E I Du Pont De Nemours And in the first quarter worth $125,000. Benjamin F. Edwards & Company Inc. raised its holdings 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 last quarter. Finally, Advantage Investment Management LLC raised its holdings 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 last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

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In other E I Du Pont De Nemours And news, SVP Benito Cachinero sold 10,621 shares of the company’s 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.31% of the stock is owned by corporate insiders.

A number of research analysts have issued reports on DD shares. Zacks Investment Research raised shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a report on Tuesday, August 22nd. BidaskClub raised shares of E I Du Pont De Nemours And from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $96.00 target price on shares of E I Du Pont De Nemours And in a report on Tuesday, August 29th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $81.25.

E I Du Pont De Nemours And Co (NYSE:DD) remained flat at $83.93 during mid-day trading on Monday. 34,861,021 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $82.87 and a 200 day moving average of $80.79. The firm has a market capitalization of $72.83 billion, a price-to-earnings ratio of 32.79 and a beta of 1.76. E I Du Pont De Nemours And Co has a 12 month low of $66.02 and a 12 month high of $86.36.

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 EPS for the quarter, beating the consensus estimate of $1.29 by $0.09. E I Du Pont De Nemours And had a net margin of 11.57% and a return on equity of 29.17%. The firm had revenue of $7.42 billion during the quarter, compared to the consensus estimate of $7.28 billion. During the same quarter in the prior year, the firm earned $1.24 EPS. E I Du Pont De Nemours And’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts predict that E I Du Pont De Nemours And Co will post $3.90 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, July 31st will be given a $0.38 dividend. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.52 annualized dividend and a yield of 1.81%. E I Du Pont De Nemours And’s dividend payout ratio (DPR) is 59.38%.

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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