Sii Investments Inc. WI lowered its stake in E.I. du Pont de Nemours and Company (NYSE:DD) by 6.6% during the first quarter, Holdings Channel reports. The institutional investor owned 3,809 shares of the basic materials company’s stock after selling 270 shares during the period. Sii Investments Inc. WI’s holdings in E.I. du Pont de Nemours and were worth $304,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of DD. Two Sigma Securities LLC boosted its stake in E.I. du Pont de Nemours and by 53.3% in the first quarter. Two Sigma Securities LLC now owns 26,341 shares of the basic materials company’s stock valued at $2,116,000 after buying an additional 9,157 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in E.I. du Pont de Nemours and during the first quarter valued at approximately $14,715,000. Allen Investment Management LLC boosted its stake in E.I. du Pont de Nemours and by 53.9% in the first quarter. Allen Investment Management LLC now owns 4,419 shares of the basic materials company’s stock valued at $355,000 after buying an additional 1,548 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in E.I. du Pont de Nemours and by 4.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 2,729,947 shares of the basic materials company’s stock valued at $219,297,000 after buying an additional 107,301 shares in the last quarter. Finally, Brown Advisory Securities LLC boosted its stake in E.I. du Pont de Nemours and by 13.9% in the first quarter. Brown Advisory Securities LLC now owns 16,083 shares of the basic materials company’s stock valued at $1,289,000 after buying an additional 1,965 shares in the last quarter. 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 up 0.14% during mid-day trading on Friday, hitting $80.92. 685,864 shares of the stock were exchanged. The company has a market capitalization of $70.22 billion, a PE ratio of 31.61 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 firm has a 50-day moving average price of $82.69 and a 200 day moving average price of $80.15.

E.I. du Pont de Nemours and (NYSE:DD) last released its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.29 by $0.09. The company 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 firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.24 EPS. On average, equities research analysts expect that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Thursday, July 27th. E.I. du Pont de Nemours and’s payout ratio is presently 59.38%.

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Several research firms recently commented on DD. BidaskClub cut shares of E.I. du Pont de Nemours and from a “hold” rating to a “sell” rating in a 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 report on Monday, July 24th. Deutsche Bank AG restated a “buy” rating and set a $95.00 price target (up from $90.00) on shares of E.I. du Pont de Nemours and in a report on Saturday, April 29th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $86.00 price target (up from $78.00) on shares of E.I. du Pont de Nemours and in a 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 assigned a buy rating to the company’s stock. E.I. du Pont de Nemours and currently has an average rating of “Hold” and a consensus 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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