Penobscot Investment Management Company Inc. grew its stake in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 46.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,868 shares of the basic materials company’s stock after acquiring an additional 16,717 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in E I Du Pont De Nemours And Co were worth $3,660,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Steinberg Global Asset Management boosted its position in E I Du Pont De Nemours And Co by 48.4% in the first quarter. Steinberg Global Asset Management now owns 4,650 shares of the basic materials company’s stock valued at $374,000 after buying an additional 1,517 shares during the last quarter. AXA boosted its position in E I Du Pont De Nemours And Co by 29.7% in the first quarter. AXA now owns 314,721 shares of the basic materials company’s stock valued at $25,282,000 after buying an additional 71,983 shares during the last quarter. Oarsman Capital Inc. boosted its position in E I Du Pont De Nemours And Co by 72.4% in the first quarter. Oarsman Capital Inc. now owns 5,975 shares of the basic materials company’s stock valued at $480,000 after buying an additional 2,509 shares during the last quarter. Hyman Charles D boosted its position in E I Du Pont De Nemours And Co by 0.6% in the first quarter. Hyman Charles D now owns 27,685 shares of the basic materials company’s stock valued at $2,224,000 after buying an additional 165 shares during the last quarter. Finally, HRT Financial LLC purchased a new stake in E I Du Pont De Nemours And Co in the first quarter valued at approximately $499,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Shares of E I Du Pont De Nemours And Co (NYSE DD) opened at $83.93 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.93 and a debt-to-equity ratio of 0.82. E I Du Pont De Nemours And Co has a 52-week low of $66.02 and a 52-week high of $86.36.

A number of equities research analysts recently commented on DD shares. Zacks Investment Research upgraded E I Du Pont De Nemours And Co from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a research report on Tuesday, August 22nd. Morgan Stanley reiterated a “buy” rating and issued a $77.00 target price on shares of E I Du Pont De Nemours And Co in a research report on Wednesday, September 6th. Jefferies Group reiterated a “buy” rating and issued a $96.00 target price on shares of E I Du Pont De Nemours And Co in a research report on Tuesday, August 29th. Finally, BidaskClub upgraded E I Du Pont De Nemours And Co from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $81.86.

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E I Du Pont De Nemours And Co Company 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 Co (NYSE:DD)

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