Callahan Advisors LLC boosted its stake in E I Du Pont De Nemours And Co (NYSE:DD) by 0.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,135 shares of the basic materials company’s stock after acquiring an additional 2 shares during the period. Callahan Advisors LLC’s holdings in E I Du Pont De Nemours And were worth $657,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in E I Du Pont De Nemours And by 7.4% in the first quarter. Geode Capital Management LLC now owns 7,973,353 shares of the basic materials company’s stock valued at $639,533,000 after acquiring an additional 552,637 shares during the last quarter. Howland Capital Management LLC lifted its position in E I Du Pont De Nemours And by 0.3% in the second quarter. Howland Capital Management LLC now owns 81,833 shares of the basic materials company’s stock valued at $6,605,000 after acquiring an additional 240 shares during the last quarter. BlackRock Inc. lifted its position in E I Du Pont De Nemours And by 2,719.5% in the first quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock valued at $4,392,942,000 after acquiring an additional 52,746,611 shares during the last quarter. Harbour Capital Advisors LLC lifted its position in E I Du Pont De Nemours And by 7,971.0% in the second quarter. Harbour Capital Advisors LLC now owns 347,941 shares of the basic materials company’s stock valued at $4,311,000 after acquiring an additional 343,630 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in E I Du Pont De Nemours And by 1.2% in the first quarter. Fifth Third Bancorp now owns 644,268 shares of the basic materials company’s stock valued at $51,754,000 after acquiring an additional 7,545 shares during the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

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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 has a market capitalization of $72.83 billion, a price-to-earnings ratio of 32.79 and a beta of 1.76. 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 (NYSE:DD) last posted its quarterly earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, topping the Zacks’ 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 the consensus estimate of $7.28 billion. During the same period last year, the firm posted $1.24 EPS. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts expect that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, July 31st were given a $0.38 dividend. The ex-dividend date of this dividend was Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.81%. E I Du Pont De Nemours And’s payout ratio is currently 59.38%.

DD has been the subject of a number of research reports. Zacks Investment Research raised shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $91.00 price target for the company in a research report on Tuesday, June 27th. 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. Jefferies Group LLC reissued a “buy” rating and issued a $96.00 price target on shares of E I Du Pont De Nemours And in a research report on Tuesday, August 29th. Finally, Morgan Stanley reissued a “buy” rating and issued a $77.00 price target on shares of E I Du Pont De Nemours And in a research report on Wednesday, September 6th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $80.89.

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

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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