Pennsylvania Trust Co boosted its stake in E I Du Pont De Nemours And Co (NYSE:DD) by 35.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 154,840 shares of the basic materials company’s stock after purchasing an additional 40,349 shares during the period. Pennsylvania Trust Co’s holdings in E I Du Pont De Nemours And were worth $12,503,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Waldron LP boosted its position in E I Du Pont De Nemours And by 93.4% during the first quarter. Waldron LP now owns 7,051 shares of the basic materials company’s stock valued at $534,000 after acquiring an additional 3,405 shares during the last quarter. KAMES CAPITAL plc boosted its position in E I Du Pont De Nemours And by 26.0% during the first quarter. KAMES CAPITAL plc now owns 13,352 shares of the basic materials company’s stock valued at $1,073,000 after acquiring an additional 2,758 shares during the last quarter. BTC Capital Management Inc. boosted its position in E I Du Pont De Nemours And by 0.4% during the first quarter. BTC Capital Management Inc. now owns 52,383 shares of the basic materials company’s stock valued at $4,212,000 after acquiring an additional 218 shares during the last quarter. Whittier Trust Co. boosted its position in E I Du Pont De Nemours And by 1.5% during the first quarter. Whittier Trust Co. now owns 117,811 shares of the basic materials company’s stock valued at $9,464,000 after acquiring an additional 1,733 shares during the last quarter. Finally, Wedgewood Investors Inc. PA bought a new stake in E I Du Pont De Nemours And during the first quarter valued at $214,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

A number of analysts have commented on the stock. 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 price target on the stock in a research report on Tuesday, August 22nd. BidaskClub raised 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. 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 report on Wednesday, September 6th. 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 research report on Tuesday, August 29th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. E I Du Pont De Nemours And has a consensus rating of “Buy” and a consensus price target of $80.89.

In related news, SVP Benito Cachinero sold 10,621 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $81.67, for a total transaction of $867,417.07. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.31% of the stock is owned by insiders.

E I Du Pont De Nemours And Co (NYSE DD) remained flat at $83.93 during trading on Thursday. The stock had a trading volume of 34,861,021 shares. The company 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 Co has a 52 week low of $66.02 and a 52 week high of $86.36. The stock’s 50 day moving average is $82.87 and its 200 day moving average is $80.79.

E I Du Pont De Nemours And (NYSE:DD) last announced its quarterly earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, beating the 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 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 company earned $1.24 earnings per share. E I Du Pont De Nemours And’s quarterly revenue was up 5.1% on a year-over-year basis. Equities research analysts anticipate that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current fiscal year.

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

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

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