Janney Montgomery Scott LLC grew its holdings in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 1.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 274,492 shares of the basic materials company’s stock after purchasing an additional 3,627 shares during the period. Janney Montgomery Scott LLC’s holdings in E I Du Pont De Nemours And were worth $22,154,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of DD. Financial Architects Inc increased its holdings in shares of E I Du Pont De Nemours And by 18.2% during the first quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock valued at $103,000 after purchasing an additional 199 shares during the period. Acrospire Investment Management LLC acquired a new position in shares of E I Du Pont De Nemours And during the first quarter valued at $104,000. Reilly Financial Advisors LLC increased its holdings in shares of E I Du Pont De Nemours And by 61.1% during the second quarter. Reilly Financial Advisors LLC now owns 1,319 shares of the basic materials company’s stock valued at $106,000 after purchasing an additional 500 shares during the period. Invictus RG acquired a new position in shares of E I Du Pont De Nemours And during the first quarter valued at $116,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of E I Du Pont De Nemours And during the first quarter valued at $125,000. 71.21% of the stock is currently owned by institutional investors.

E I Du Pont De Nemours And Co (DD) opened at 83.93 on Friday. The company 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 Co has a 52-week low of $66.02 and a 52-week high of $86.36. The firm has a market cap 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 (NYSE:DD) last released its quarterly earnings data 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. The business 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 29.17% and a net margin of 11.57%. 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 earnings per share. Equities research analysts anticipate that E I Du Pont De Nemours And Co will post $3.89 EPS for the current year.

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

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In related 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 value of $867,417.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.31% of the company’s stock.

A number of research analysts have recently commented on DD shares. 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 report on Tuesday, August 29th. Zacks Investment Research raised E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a report on Tuesday, August 22nd. BidaskClub raised E I Du Pont De Nemours And from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Finally, Morgan Stanley reaffirmed a “buy” rating and set a $77.00 target price on shares of E I Du Pont De Nemours And in a report on Wednesday. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. E I Du Pont De Nemours And has an average rating of “Buy” and a consensus price target of $80.89.

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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