First Financial Equity Corporation bought a new position in E I Du Pont De Nemours And Co (NYSE:DD) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,795 shares of the basic materials company’s stock, valued at approximately $308,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Architects Inc lifted its holdings in 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 acquiring an additional 199 shares during the last quarter. Acrospire Investment Management LLC bought a new position in E I Du Pont De Nemours And in the first quarter worth about $104,000. Invictus RG bought a new position in E I Du Pont De Nemours And in the first quarter worth about $116,000. Signature Estate & Investment Advisors LLC bought a new position in E I Du Pont De Nemours And in the first quarter worth about $125,000. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in 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 acquiring an additional 107 shares during the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

E I Du Pont De Nemours And Co (DD) remained flat at $83.93 on Tuesday. The company had a trading volume of 34,861,021 shares. The firm has a 50-day moving average of $82.87 and a 200 day moving average of $80.79. E I Du Pont De Nemours And Co has a one year low of $66.02 and a one year high of $86.36. The stock 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 issued its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, beating the Thomson Reuters’ 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 earnings per share. The business’s quarterly revenue 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 $3.86 EPS for the current fiscal year.

The company 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 $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.81%. The ex-dividend date is Thursday, July 27th. E I Du Pont De Nemours And’s payout ratio is presently 59.38%.

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 that occurred on Thursday, August 17th. The shares were sold at an average price of $81.67, for a total value of $867,417.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

A number of equities 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 target price on the stock in a report on Tuesday, August 22nd. 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 report on Wednesday, September 6th. BidaskClub raised 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 reaffirmed 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. 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 currently has an average rating of “Buy” and a consensus target price of $80.89.

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E I Du Pont De Nemours And 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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