Two Sigma Securities LLC raised its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 53.3% during the first quarter, Holdings Channel reports. The fund owned 26,341 shares of the basic materials company’s stock after buying an additional 9,157 shares during the period. Two Sigma Securities LLC’s holdings in E.I. du Pont de Nemours and were worth $2,116,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Eastern Bank increased its stake in E.I. du Pont de Nemours and by 12.0% in the first quarter. Eastern Bank now owns 25,906 shares of the basic materials company’s stock worth $2,080,000 after buying an additional 2,772 shares in the last quarter. Cornerstone Financial Partners LLC purchased a new stake in E.I. du Pont de Nemours and during the first quarter worth approximately $208,000. First National Bank & Trust Co. of Newtown increased its stake in E.I. du Pont de Nemours and by 1.0% in the first quarter. First National Bank & Trust Co. of Newtown now owns 28,717 shares of the basic materials company’s stock worth $2,307,000 after buying an additional 290 shares in the last quarter. Atria Investments LLC increased its stake in E.I. du Pont de Nemours and by 28.2% in the first quarter. Atria Investments LLC now owns 23,183 shares of the basic materials company’s stock worth $1,862,000 after buying an additional 5,102 shares in the last quarter. Finally, Prospera Financial Services Inc purchased a new stake in E.I. du Pont de Nemours and during the first quarter worth approximately $208,000. Institutional investors and hedge funds own 71.23% of the company’s stock.

Shares of E.I. du Pont de Nemours and Company (NYSE:DD) traded down 0.66% on Thursday, reaching $80.79. The company had a trading volume of 477,357 shares. 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 stock has a market capitalization of $70.11 billion, a P/E ratio of 31.56 and a beta of 1.76. The company’s 50 day moving average price is $82.70 and its 200-day moving average price is $80.15.

E.I. du Pont de Nemours and (NYSE:DD) last posted its quarterly 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 business 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 net margin of 8.86% and a return on equity of 31.23%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.24 earnings per share. Equities analysts predict that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current year.

The firm also recently declared 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 of this dividend is Thursday, July 27th. This represents a $1.52 annualized dividend and a dividend yield of 1.87%. E.I. du Pont de Nemours and’s dividend payout ratio (DPR) is 59.38%.

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A number of research firms recently commented on DD. BidaskClub downgraded E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Zacks Investment Research raised E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $91.00 price objective on the stock in a research note on Tuesday, June 27th. Royal Bank Of Canada reissued a “sector perform” rating and set a $86.00 price objective (up from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $95.00 price objective (up from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. E.I. du Pont de Nemours and 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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