Synovus Financial Corp boosted its position in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,947 shares of the company’s stock after buying an additional 577 shares during the period. Synovus Financial Corp’s holdings in E.I. du Pont de Nemours and Company were worth $5,955,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Mount Vernon Associates Inc. MD raised its stake in E.I. du Pont de Nemours and Company by 3.5% in the second quarter. Mount Vernon Associates Inc. MD now owns 14,650 shares of the company’s stock worth $949,000 after buying an additional 500 shares in the last quarter. Rehmann Capital Advisory Group raised its stake in E.I. du Pont de Nemours and Company by 8.9% in the second quarter. Rehmann Capital Advisory Group now owns 9,034 shares of the company’s stock worth $585,000 after buying an additional 742 shares in the last quarter. Callahan Advisors LLC raised its stake in E.I. du Pont de Nemours and Company by 14.3% in the second quarter. Callahan Advisors LLC now owns 8,026 shares of the company’s stock worth $520,000 after buying an additional 1,003 shares in the last quarter. Bank of Montreal Can bought a new stake in E.I. du Pont de Nemours and Company during the second quarter worth $42,410,000. Finally, First Niagara Bank raised its stake in E.I. du Pont de Nemours and Company by 1.1% in the second quarter. First Niagara Bank now owns 34,882 shares of the company’s stock worth $2,260,000 after buying an additional 375 shares in the last quarter. 69.28% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for E.I. du Pont de Nemours and Company (NYSE:DD)

Shares of E.I. du Pont de Nemours and Company (NYSE:DD) opened at 73.60 on Friday. The stock’s 50 day moving average is $73.88 and its 200 day moving average is $69.62. The firm has a market cap of $63.98 billion, a P/E ratio of 32.57 and a beta of 1.71. E.I. du Pont de Nemours and Company has a 52 week low of $50.71 and a 52 week high of $75.86.

E.I. du Pont de Nemours and Company (NYSE:DD) last released its quarterly earnings results on Tuesday, October 25th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.13. E.I. du Pont de Nemours and Company had a net margin of 8.08% and a return on equity of 27.16%. The firm had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter in the previous year, the firm posted $0.13 EPS. The firm’s quarterly revenue was up .9% on a year-over-year basis. On average, equities research analysts predict that E.I. du Pont de Nemours and Company will post $3.26 earnings per share for the current fiscal year.

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A number of analysts have recently weighed in on DD shares. Zacks Investment Research raised E.I. du Pont de Nemours and Company from a “hold” rating to a “buy” rating and set a $81.00 price objective on the stock in a research report on Thursday, December 8th. Nomura initiated coverage on E.I. du Pont de Nemours and Company in a report on Tuesday, October 18th. They issued a “buy” rating and a $78.00 target price on the stock. Citigroup Inc. raised E.I. du Pont de Nemours and Company from a “neutral” rating to a “buy” rating and increased their target price for the company from $72.00 to $76.00 in a report on Monday, October 3rd. Finally, Sanford C. Bernstein reissued an “overweight” rating on shares of E.I. du Pont de Nemours and Company in a report on Friday, December 23rd. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $71.33.

E.I. du Pont de Nemours and Company Company Profile

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Company consists of over 10 businesses aggregated into six segments: Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. Its products include corn hybrids and soybean varieties, herbicides, fungicides and insecticides in Agriculture segment; photopolymers and electronic materials in Electronics & Communications segment; enzymes and bio-based materials in Industrial Biosciences segment; cultures, emulsifiers, texturants, natural sweeteners and soy-based food ingredients in Nutrition & Health segment; engineering polymers, packaging and industrial polymers, films and elastomers in Performance Materials segment, and nonwovens, aramids and solid surfaces in Safety & Protection segment.

5 Day Chart for NYSE:DD

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