SNS Financial Group LLC raised its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 151.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 7,156 shares of the basic materials company’s stock after buying an additional 4,314 shares during the period. SNS Financial Group LLC’s holdings in E.I. du Pont de Nemours and were worth $575,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Laurion Capital Management LP acquired a new stake in shares of E.I. du Pont de Nemours and during the first quarter valued at about $1,141,000. WINTON GROUP Ltd acquired a new stake in shares of E.I. du Pont de Nemours and during the first quarter valued at about $10,580,000. Stephens Inc. AR boosted its stake in shares of E.I. du Pont de Nemours and by 28.4% in the first quarter. Stephens Inc. AR now owns 49,722 shares of the basic materials company’s stock valued at $3,994,000 after buying an additional 11,010 shares in the last quarter. Global Financial Private Capital LLC acquired a new stake in shares of E.I. du Pont de Nemours and during the first quarter valued at about $239,000. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of E.I. du Pont de Nemours and by 6.8% in the first quarter. TIAA CREF Investment Management LLC now owns 2,192,556 shares of the basic materials company’s stock valued at $176,128,000 after buying an additional 139,721 shares in the last quarter. Hedge funds and other institutional investors own 71.23% of the company’s stock.

E.I. du Pont de Nemours and Company (NYSE:DD) traded up 0.30% during mid-day trading on Wednesday, reaching $81.36. 305,524 shares of the company were exchanged. E.I. du Pont de Nemours and Company has a 1-year low of $66.02 and a 1-year high of $86.36. The company has a market capitalization of $70.60 billion, a price-to-earnings ratio of 31.78 and a beta of 1.76. The company has a 50 day moving average of $82.84 and a 200-day moving average of $79.92.

E.I. du Pont de Nemours and (NYSE:DD) last posted its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.09. The company had revenue of $7.42 billion for the quarter, compared to analyst estimates 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 was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.24 EPS. On average, equities research analysts forecast that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Thursday, July 27th. E.I. du Pont de Nemours and’s dividend payout ratio (DPR) is 59.38%.

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Several analysts have recently issued reports on the stock. BidaskClub cut shares of E.I. du Pont de Nemours and from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. Zacks Investment Research cut shares of E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Deutsche Bank AG restated a “buy” rating and set a $95.00 target price (up from $90.00) on shares of E.I. du Pont de Nemours and in a research report on Saturday, April 29th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $86.00 target price (up from $78.00) on shares of E.I. du Pont de Nemours and in a research report on Wednesday, April 26th. 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. E.I. du Pont de Nemours and has a consensus rating of “Hold” and an average target price of $81.15.

About E.I. du Pont de Nemours and

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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