Nomura Holdings Inc. increased its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 184.7% during the first quarter, Holdings Channel reports. The institutional investor owned 136,320 shares of the basic materials company’s stock after buying an additional 88,440 shares during the period. Nomura Holdings Inc.’s holdings in E.I. du Pont de Nemours and were worth $10,478,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Lee Danner & Bass Inc. increased its position in shares of E.I. du Pont de Nemours and by 0.4% in the first quarter. Lee Danner & Bass Inc. now owns 4,570 shares of the basic materials company’s stock valued at $367,000 after buying an additional 19 shares during the last quarter. Vaughan David Investments Inc. IL increased its position in shares of E.I. du Pont de Nemours and by 0.4% in the first quarter. Vaughan David Investments Inc. IL now owns 7,281 shares of the basic materials company’s stock valued at $585,000 after buying an additional 26 shares during the last quarter. Berkeley Capital Partners LLC increased its position in shares of E.I. du Pont de Nemours and by 0.4% in the first quarter. Berkeley Capital Partners LLC now owns 6,420 shares of the basic materials company’s stock valued at $516,000 after buying an additional 27 shares during the last quarter. Advantage Investment Management LLC increased its position in shares of E.I. du Pont de Nemours and by 2.0% in the first quarter. Advantage Investment Management LLC now owns 1,705 shares of the basic materials company’s stock valued at $137,000 after buying an additional 33 shares during the last quarter. Finally, Summit Financial Wealth Advisors LLC increased its position in shares of E.I. du Pont de Nemours and by 0.8% in the first quarter. Summit Financial Wealth Advisors LLC now owns 4,539 shares of the basic materials company’s stock valued at $365,000 after buying an additional 38 shares during the last quarter. 71.23% of the stock is currently owned by institutional investors and hedge funds.

E.I. du Pont de Nemours and Company (NYSE DD) traded up 0.20% during midday trading on Friday, hitting $80.97. The stock had a trading volume of 1,947,088 shares. 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 has a market capitalization of $70.27 billion, a PE ratio of 31.63 and a beta of 1.76. The company’s 50-day moving average price is $82.68 and its 200 day moving average price is $80.21.

E.I. du Pont de Nemours and (NYSE:DD) last issued its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, beating the Thomson Reuters’ 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 period last year, the business posted $1.24 EPS. On average, analysts expect that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current year.

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.52 annualized dividend and a dividend yield of 1.88%. E.I. du Pont de Nemours and’s dividend payout ratio is presently 59.38%.

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Several equities analysts have issued reports on the company. BidaskClub downgraded 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 downgraded 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 reiterated a “buy” rating and issued a $95.00 price objective (up previously 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 reiterated a “sector perform” rating and issued a $86.00 price objective (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a research report on Wednesday, April 26th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. The company has an average 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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