Sabal Trust CO increased its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 1.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 6,109 shares of the basic materials company’s stock after buying an additional 109 shares during the period. Sabal Trust CO’s holdings in E.I. du Pont de Nemours and were worth $493,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Financial Architects Inc raised its position in shares of E.I. du Pont de Nemours and by 18.2% in the first quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock valued at $103,000 after buying an additional 199 shares in the last quarter. Acrospire Investment Management LLC acquired a new position in shares of E.I. du Pont de Nemours and during the first quarter valued at $104,000. Reilly Financial Advisors LLC raised its position in shares of E.I. du Pont de Nemours and by 61.1% in the second quarter. Reilly Financial Advisors LLC now owns 1,319 shares of the basic materials company’s stock valued at $106,000 after buying an additional 500 shares in the last quarter. Invictus RG acquired a new position in shares of E.I. du Pont de Nemours and during the first quarter valued at $116,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of E.I. du Pont de Nemours and during the first quarter valued at $125,000. 71.23% of the stock is owned by institutional investors and hedge funds.

E.I. du Pont de Nemours and Company (DD) traded down 0.0541% during midday trading on Wednesday, hitting $81.0761. The stock had a trading volume of 677,434 shares. The firm has a market cap of $70.36 billion, a P/E ratio of 31.6704 and a beta of 1.76. E.I. du Pont de Nemours and Company has a 12-month low of $66.02 and a 12-month high of $86.36. The stock has a 50-day moving average price of $82.84 and a 200 day moving average price of $79.92.

E.I. du Pont de Nemours and (NYSE:DD) last released 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 analysts’ expectations of $7.28 billion. E.I. du Pont de Nemours and had a net margin of 8.86% and a return on equity of 31.23%. E.I. du Pont de Nemours and’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.24 EPS. On average, equities analysts anticipate that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current fiscal year.

The company 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 $0.38 dividend. The ex-dividend date is Thursday, July 27th. This represents a $1.52 annualized dividend and a yield of 1.87%. E.I. du Pont de Nemours and’s payout ratio is currently 59.38%.

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DD has been the subject of several recent analyst reports. Deutsche Bank AG restated a “buy” rating and issued a $95.00 price target (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 E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $87.00 price target for the company in a research note on Wednesday, April 19th. Royal Bank Of Canada restated a “sector perform” rating and issued a $86.00 price target (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. Finally, BidaskClub upgraded E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. The stock presently has an average 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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