Day & Ennis LLC increased its stake in E.I. du Pont de Nemours and Company (NYSE:DD) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,745 shares of the basic materials company’s stock after buying an additional 2 shares during the period. Day & Ennis LLC’s holdings in E.I. du Pont de Nemours and were worth $220,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DD. Vanguard Group Inc. increased its position in E.I. du Pont de Nemours and by 2.9% in the first quarter. Vanguard Group Inc. now owns 60,580,688 shares of the basic materials company’s stock valued at $4,866,447,000 after buying an additional 1,685,604 shares in the last quarter. BlackRock Inc. increased its position in E.I. du Pont de Nemours and by 2,719.5% in the first quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock valued at $4,392,942,000 after buying an additional 52,746,611 shares in the last quarter. FMR LLC increased its position in E.I. du Pont de Nemours and by 5.9% in the first quarter. FMR LLC now owns 32,371,752 shares of the basic materials company’s stock valued at $2,600,423,000 after buying an additional 1,813,187 shares in the last quarter. JPMorgan Chase & Co. increased its position in E.I. du Pont de Nemours and by 36.6% in the first quarter. JPMorgan Chase & Co. now owns 18,028,546 shares of the basic materials company’s stock valued at $1,448,235,000 after buying an additional 4,825,726 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its position in E.I. du Pont de Nemours and by 15.9% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 9,343,994 shares of the basic materials company’s stock valued at $750,603,000 after buying an additional 1,281,358 shares in the last quarter. 71.23% of the stock is currently owned by institutional investors.

Shares of E.I. du Pont de Nemours and Company (NYSE DD) traded up 0.20% on Friday, hitting $80.97. 1,947,088 shares of the stock were exchanged. E.I. du Pont de Nemours and Company has a 52-week low of $66.02 and a 52-week high of $86.36. The company’s 50 day moving average is $82.68 and its 200-day moving average is $80.21. The stock has a market cap of $70.27 billion, a PE ratio of 31.63 and a beta of 1.76.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, July 31st will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.88%. E.I. du Pont de Nemours and’s payout ratio is 59.38%.

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DD has been the topic of several recent analyst reports. Zacks Investment Research raised shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research note on Wednesday, April 19th. Royal Bank Of Canada reaffirmed 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. Deutsche Bank AG reaffirmed 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. Finally, BidaskClub downgraded shares of E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. 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 company. E.I. du Pont de Nemours and has a consensus rating of “Hold” and a consensus 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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