Credit Agricole S A cut its position in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 15.6% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 845,736 shares of the basic materials company’s stock after selling 156,571 shares during the period. Credit Agricole S A’s holdings in E.I. du Pont de Nemours and were worth $67,938,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Private Advisor Group LLC boosted its position in shares of E.I. du Pont de Nemours and by 3.6% in the first quarter. Private Advisor Group LLC now owns 76,601 shares of the basic materials company’s stock worth $6,164,000 after buying an additional 2,667 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of E.I. du Pont de Nemours and by 1.3% in the first quarter. Russell Investments Group Ltd. now owns 1,509,239 shares of the basic materials company’s stock worth $121,220,000 after buying an additional 18,971 shares in the last quarter. Beese Fulmer Investment Management Inc. boosted its position in shares of E.I. du Pont de Nemours and by 4.4% in the first quarter. Beese Fulmer Investment Management Inc. now owns 35,413 shares of the basic materials company’s stock worth $2,845,000 after buying an additional 1,498 shares in the last quarter. First Foundation Advisors acquired a new position in shares of E.I. du Pont de Nemours and during the first quarter worth about $785,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of E.I. du Pont de Nemours and by 8.5% in the first quarter. Janney Montgomery Scott LLC now owns 270,865 shares of the basic materials company’s stock worth $21,759,000 after buying an additional 21,207 shares in the last quarter. Institutional investors own 71.23% of the company’s stock.

Shares of E.I. du Pont de Nemours and Company (DD) opened at 81.79 on Tuesday. E.I. du Pont de Nemours and Company has a one year low of $66.02 and a one year high of $86.36. The company has a market cap of $70.98 billion, a price-to-earnings ratio of 31.95 and a beta of 1.76. The firm’s 50-day moving average is $82.93 and its 200-day moving average is $79.88.

E.I. du Pont de Nemours and (NYSE:DD) last issued its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.29 by $0.09. The firm had revenue of $7.42 billion during the quarter, compared to the consensus estimate of $7.28 billion. E.I. du Pont de Nemours and had a return on equity of 31.23% and a net margin of 8.86%. The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.24 earnings per share. Analysts expect that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, July 31st will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Thursday, July 27th. E.I. du Pont de Nemours and’s payout ratio is 59.38%.

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A number of equities analysts have recently issued reports on DD shares. Deutsche Bank AG restated a “buy” rating and issued a $95.00 price objective (up previously from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. Zacks Investment Research upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $87.00 target price for the company in a research report on Wednesday, April 19th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $86.00 target price (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a research report on Wednesday, April 26th. Finally, BidaskClub upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $81.15.

E.I. du Pont de Nemours and 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.

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

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