Bath Savings Trust Co held its stake in E I Du Pont De Nemours And Co (NYSE:DD) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,704 shares of the basic materials company’s stock at the end of the second quarter. Bath Savings Trust Co’s holdings in E I Du Pont De Nemours And were worth $541,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of DD. Financial Architects Inc lifted 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 period. Acrospire Investment Management LLC purchased a new position in shares of E I Du Pont De Nemours And during the 1st quarter worth $104,000. Invictus RG purchased a new position in shares of E I Du Pont De Nemours And during the 1st quarter worth $116,000. Signature Estate & Investment Advisors LLC purchased a new position in shares of E I Du Pont De Nemours And during the 1st quarter worth $125,000. Finally, Benjamin F. Edwards & Company Inc. lifted 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 period. 71.21% of the stock is currently owned by institutional investors.

In related news, SVP Benito Cachinero sold 10,621 shares of E I Du Pont De Nemours And stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $81.67, for a total value of $867,417.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.31% of the stock is currently owned by insiders.

DD has been the topic of a number of recent analyst reports. 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 research note 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 price target on the stock in a research note on Tuesday, August 22nd. BidaskClub raised E I Du Pont De Nemours And from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Finally, Morgan Stanley reissued 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, September 6th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. E I Du Pont De Nemours And currently has a consensus rating of “Buy” and a consensus price target of $80.89.

E I Du Pont De Nemours And Co (NYSE DD) remained flat at $83.93 during mid-day trading on Wednesday. The company’s stock had a trading volume of 34,861,021 shares. The company’s 50 day moving average price is $82.87 and its 200-day moving average price is $80.79. 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.

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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.09. The company had revenue of $7.42 billion during the quarter, compared to analyst estimates of $7.28 billion. E I Du Pont De Nemours And had a net margin of 11.57% and a return on equity of 29.17%. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the business posted $1.24 EPS. Analysts expect that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current fiscal year.

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

COPYRIGHT VIOLATION WARNING: “Bath Savings Trust Co Has $541,000 Stake in E I Du Pont De Nemours And Co (DD)” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright and trademark laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/09/13/bath-savings-trust-co-has-541000-stake-in-e-i-du-pont-de-nemours-and-co-dd.html.

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.

Institutional Ownership by Quarter for E I Du Pont De Nemours And (NYSE:DD)

Receive News & Stock Ratings for E I Du Pont De Nemours And Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E I Du Pont De Nemours And Co and related stocks with our FREE daily email newsletter.