WealthTrust Axiom LLC lessened its stake in E I Du Pont De Nemours And Co (NYSE:DD) by 0.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 16,028 shares of the basic materials company’s stock after selling 50 shares during the period. WealthTrust Axiom LLC’s holdings in E I Du Pont De Nemours And were worth $1,293,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in E I Du Pont De Nemours And by 7.4% in the 1st quarter. Geode Capital Management LLC now owns 7,973,353 shares of the basic materials company’s stock valued at $639,533,000 after purchasing an additional 552,637 shares during the last quarter. Howland Capital Management LLC increased its holdings in E I Du Pont De Nemours And by 0.3% in the 2nd quarter. Howland Capital Management LLC now owns 81,833 shares of the basic materials company’s stock valued at $6,605,000 after purchasing an additional 240 shares during the last quarter. BlackRock Inc. increased its holdings in E I Du Pont De Nemours And by 2,719.5% in the 1st quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock valued at $4,392,942,000 after purchasing an additional 52,746,611 shares during the last quarter. Harbour Capital Advisors LLC increased its holdings in E I Du Pont De Nemours And by 7,971.0% in the 2nd quarter. Harbour Capital Advisors LLC now owns 347,941 shares of the basic materials company’s stock valued at $4,311,000 after purchasing an additional 343,630 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in E I Du Pont De Nemours And by 1.2% in the 1st quarter. Fifth Third Bancorp now owns 644,268 shares of the basic materials company’s stock valued at $51,754,000 after purchasing an additional 7,545 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Shares of E I Du Pont De Nemours And Co (DD) opened at 83.93 on Friday. 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. The stock 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 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. 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 during the quarter, compared to analyst estimates of $7.28 billion. During the same quarter in the prior year, the business earned $1.24 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities research 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 was paid on Friday, September 29th. Stockholders of record on Monday, July 31st were given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Thursday, July 27th. E I Du Pont De Nemours And’s payout ratio is currently 59.38%.

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Several analysts recently weighed in on the stock. 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 report 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. Morgan Stanley restated a “buy” rating and issued a $77.00 price target on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $96.00 price target on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $80.89.

In related 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 transaction of $867,417.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.31% of the stock is owned by corporate insiders.

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.

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

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