First Interstate Bank lowered its holdings in E I Du Pont De Nemours And Co (NYSE:DD) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 76,165 shares of the basic materials company’s stock after selling 2,242 shares during the quarter. E I Du Pont De Nemours And makes up 1.3% of First Interstate Bank’s portfolio, making the stock its 29th biggest position. First Interstate Bank’s holdings in E I Du Pont De Nemours And were worth $6,147,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Acrospire Investment Management LLC bought a new position in shares of E I Du Pont De Nemours And during the 1st quarter worth approximately $104,000. Reilly Financial Advisors LLC raised its stake in shares of E I Du Pont De Nemours And by 61.1% during the 2nd quarter. Reilly Financial Advisors LLC now owns 1,319 shares of the basic materials company’s stock worth $106,000 after acquiring an additional 500 shares in the last quarter. Invictus RG bought a new position in shares of E I Du Pont De Nemours And during the 1st quarter worth approximately $116,000. Benjamin F. Edwards & Company Inc. raised 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 acquiring an additional 107 shares in the last quarter. Finally, Rockefeller Financial Services Inc. raised its stake in shares of E I Du Pont De Nemours And by 24.5% during the 2nd quarter. Rockefeller Financial Services Inc. now owns 1,685 shares of the basic materials company’s stock worth $136,000 after acquiring an additional 332 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

In other E I Du Pont De Nemours And news, SVP Benito Cachinero sold 10,621 shares of the firm’s stock in a transaction that occurred 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 legal filing with the SEC, which is available at this hyperlink. 0.31% of the stock is currently owned by company insiders.

Several research firms recently commented on DD. 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 price objective 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. Morgan Stanley reiterated a “buy” rating and set a $77.00 price objective on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $96.00 price objective on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $81.86.

Shares of E I Du Pont De Nemours And Co (NYSE DD) opened at 83.93 on Thursday. 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 firm’s 50-day moving average is $82.87 and its 200 day moving average is $80.79. The stock has a market cap 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 released its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates 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 last year, the company earned $1.24 earnings per share. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. Analysts forecast that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current fiscal year.

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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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