Fiduciary Trust Co. trimmed its holdings in E I Du Pont De Nemours And Co (NYSE:DD) by 3.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 70,642 shares of the basic materials company’s stock after selling 2,590 shares during the period. Fiduciary Trust Co.’s holdings in E I Du Pont De Nemours And were worth $5,675,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of DD. Financial Architects Inc boosted its stake in shares of E I Du Pont De Nemours And by 18.2% during the 1st quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock worth $103,000 after purchasing an additional 199 shares during the last quarter. Acrospire Investment Management LLC acquired a new stake in shares of E I Du Pont De Nemours And during the 1st quarter worth about $104,000. Invictus RG acquired a new stake in shares of E I Du Pont De Nemours And during the 1st quarter worth about $116,000. Signature Estate & Investment Advisors LLC acquired a new stake in shares of E I Du Pont De Nemours And during the 1st quarter worth about $125,000. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of E I Du Pont De Nemours And by 6.8% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,680 shares of the basic materials company’s stock worth $135,000 after purchasing an additional 107 shares during the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

In other E I Du Pont De Nemours And news, SVP Benito Cachinero sold 10,621 shares of E I Du Pont De Nemours And 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 legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.31% of the company’s stock.

DD has been the topic of several analyst reports. BidaskClub raised shares of E I Du Pont De Nemours And from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Jefferies Group LLC reaffirmed a “buy” rating and set a $96.00 price target on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. 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 target on the stock in a research note on Tuesday, June 27th. Finally, Morgan Stanley reaffirmed a “buy” rating and set a $77.00 price target on shares of E I Du Pont De Nemours And in a research note on Wednesday. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $80.89.

Shares of E I Du Pont De Nemours And Co (DD) remained flat at $83.93 on Friday. The stock had a trading volume of 34,861,021 shares. The company has a market cap of $72.83 billion, a PE ratio of 32.79 and a beta of 1.76. 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’s 50 day moving average price is $82.87 and its 200 day moving average price is $80.79.

E I Du Pont De Nemours And (NYSE:DD) last released its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.29 by $0.09. E I Du Pont De Nemours And had a return on equity of 29.17% and a net margin of 11.57%. The company had revenue of $7.42 billion for the quarter, compared to analysts’ expectations of $7.28 billion. During the same quarter in the previous year, the business posted $1.24 EPS. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, equities analysts expect that E I Du Pont De Nemours And Co will post $3.87 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, July 31st will be paid a dividend of $0.38 per share. The ex-dividend date 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 presently 59.38%.

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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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