HighPoint Advisor Group LLC purchased a new stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,104 shares of the company’s stock, valued at approximately $491,000.

A number of other institutional investors also recently made changes to their positions in DD. Norinchukin Bank The increased its stake in E.I. du Pont de Nemours and Company by 0.8% in the third quarter. Norinchukin Bank The now owns 119,293 shares of the company’s stock valued at $7,989,000 after buying an additional 909 shares during the last quarter. Mizuho Trust & Banking Co. Ltd. increased its stake in E.I. du Pont de Nemours and Company by 0.3% in the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 1,613,298 shares of the company’s stock valued at $104,542,000 after buying an additional 5,485 shares during the last quarter. Iowa State Bank increased its stake in E.I. du Pont de Nemours and Company by 0.6% in the third quarter. Iowa State Bank now owns 43,826 shares of the company’s stock valued at $2,935,000 after buying an additional 263 shares during the last quarter. Confluence Investment Management LLC increased its stake in E.I. du Pont de Nemours and Company by 10.5% in the third quarter. Confluence Investment Management LLC now owns 828,283 shares of the company’s stock valued at $55,470,000 after buying an additional 78,378 shares during the last quarter. Finally, Macquarie Group Ltd. increased its stake in E.I. du Pont de Nemours and Company by 1.0% in the second quarter. Macquarie Group Ltd. now owns 10,960,286 shares of the company’s stock valued at $710,227,000 after buying an additional 108,505 shares during the last quarter. Institutional investors own 72.40% of the company’s stock.

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 77.79 on Friday. The company’s 50 day moving average price is $75.26 and its 200 day moving average price is $71.25. E.I. du Pont de Nemours and Company has a one year low of $57.76 and a one year high of $78.40. The firm has a market capitalization of $67.26 billion, a P/E ratio of 27.25 and a beta of 1.69.

E.I. du Pont de Nemours and Company (NYSE:DD) last released its quarterly earnings results on Tuesday, January 24th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. The firm had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.27 billion. E.I. du Pont de Nemours and Company had a return on equity of 29.26% and a net margin of 10.22%. E.I. du Pont de Nemours and Company’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.96 EPS. On average, analysts expect that E.I. du Pont de Nemours and Company will post $3.69 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 14th. Shareholders of record on Wednesday, February 15th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Monday, February 13th. This represents a $1.52 annualized dividend and a yield of 1.95%. E.I. du Pont de Nemours and Company’s dividend payout ratio is presently 53.33%.

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Several equities research analysts have recently weighed in on DD shares. TheStreet raised E.I. du Pont de Nemours and Company from a “c+” rating to a “b” rating in a report on Tuesday, January 24th. Zacks Investment Research downgraded E.I. du Pont de Nemours and Company from a “buy” rating to a “hold” rating in a report on Friday, December 9th. Argus downgraded E.I. du Pont de Nemours and Company from a “buy” rating to a “hold” rating and increased their price objective for the company from $77.20 to $77.70 in a report on Monday, January 30th. 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. Finally, Credit Suisse Group increased their price objective on E.I. du Pont de Nemours and Company from $70.00 to $76.00 and gave the company a “neutral” rating in a report on Wednesday, January 25th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $72.11.

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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