Bank of Nova Scotia grew its holdings in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 916.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 197,963 shares of the basic materials company’s stock after purchasing an additional 178,485 shares during the period. Bank of Nova Scotia’s holdings in E I Du Pont De Nemours And were worth $15,902,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of DD. Financial Architects Inc boosted its position 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 valued at $103,000 after purchasing an additional 199 shares in the last quarter. Acrospire Investment Management LLC bought a new position in shares of E I Du Pont De Nemours And during the 1st quarter valued at about $104,000. Invictus RG bought a new position in shares of E I Du Pont De Nemours And during the 1st quarter valued at about $116,000. Signature Estate & Investment Advisors LLC bought a new position in shares of E I Du Pont De Nemours And during the 1st quarter valued at about $125,000. Finally, Benjamin F. Edwards & Company Inc. boosted its position 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 valued at $135,000 after purchasing an additional 107 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

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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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.31% of the company’s stock.

DD has been the subject of several research reports. Zacks Investment Research upgraded shares of 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 report on Tuesday, June 27th. BidaskClub upgraded shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. 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 report on Tuesday, August 29th. Finally, Morgan Stanley restated a “buy” rating and set a $77.00 price objective on shares of E I Du Pont De Nemours And in a research report on Wednesday, September 6th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $80.89.

Shares of E I Du Pont De Nemours And Co (NYSE:DD) remained flat at $83.93 during trading on Wednesday. 34,861,021 shares of the company were exchanged. 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 firm has a market capitalization of $72.83 billion, a PE ratio of 32.79 and a beta of 1.76.

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 earnings per share for the quarter, topping analysts’ consensus estimates 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 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 posted $1.24 EPS. The business’s revenue was up 5.1% on a year-over-year basis. On average, equities analysts anticipate that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current fiscal year.

The company 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 1.81%. The ex-dividend date is Thursday, July 27th. E I Du Pont De Nemours And’s dividend payout ratio (DPR) is currently 59.38%.

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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