Gateway Advisory LLC held its position in shares of E I Du Pont De Nemours And Co (NYSE:DD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,283 shares of the basic materials company’s stock at the end of the 2nd quarter. Gateway Advisory LLC’s holdings in E I Du Pont De Nemours And were worth $507,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in E I Du Pont De Nemours And by 2.9% during the first quarter. Vanguard Group Inc. now owns 60,580,688 shares of the basic materials company’s stock worth $4,866,447,000 after buying an additional 1,685,604 shares during the period. BlackRock Inc. grew its stake in E I Du Pont De Nemours And by 2,719.5% during the first quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock worth $4,392,942,000 after buying an additional 52,746,611 shares during the period. FMR LLC grew its stake in E I Du Pont De Nemours And by 5.9% during the first quarter. FMR LLC now owns 32,371,752 shares of the basic materials company’s stock worth $2,600,423,000 after buying an additional 1,813,187 shares during the period. JPMorgan Chase & Co. grew its stake in E I Du Pont De Nemours And by 36.6% during the first quarter. JPMorgan Chase & Co. now owns 18,028,546 shares of the basic materials company’s stock worth $1,448,235,000 after buying an additional 4,825,726 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its stake in E I Du Pont De Nemours And by 15.9% during the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 9,343,994 shares of the basic materials company’s stock worth $750,603,000 after buying an additional 1,281,358 shares during the period. Institutional investors own 71.21% of the company’s stock.

E I Du Pont De Nemours And Co (NYSE DD) opened at 83.93 on Friday. E I Du Pont De Nemours And Co has a 1-year low of $66.02 and a 1-year high of $86.36. The firm’s 50-day moving average is $82.87 and its 200-day moving average is $80.79. The company has a market capitalization of $72.83 billion, a P/E ratio of 32.79 and a beta of 1.76.

E I Du Pont De Nemours And (NYSE:DD) last announced its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.09. The business had revenue of $7.42 billion for the quarter, compared to the consensus estimate 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%. E I Du Pont De Nemours And’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company posted $1.24 earnings per share. Equities research analysts predict that E I Du Pont De Nemours And Co will post $3.85 EPS for the current year.

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

ILLEGAL ACTIVITY WARNING: “Gateway Advisory LLC Maintains Holdings in E I Du Pont De Nemours And Co (DD)” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://www.thecerbatgem.com/2017/09/24/gateway-advisory-llc-maintains-holdings-in-e-i-du-pont-de-nemours-and-co-dd.html.

In other news, SVP Benito Cachinero sold 10,621 shares of the firm’s 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 sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.31% of the company’s stock.

Several research analysts have recently weighed in on DD shares. Jefferies Group LLC restated a “buy” rating and issued a $96.00 target price on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Zacks Investment Research upgraded shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $92.00 target price for the company in a research note on Tuesday, August 22nd. BidaskClub upgraded shares of 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 restated a “buy” rating and issued a $77.00 target price 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 assigned a buy rating to the company’s stock. E I Du Pont De Nemours And currently has an average rating of “Buy” and an average price target of $80.89.

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.

Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for E I Du Pont De Nemours And Co (NYSE:DD).

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.