Farmers & Merchants Investments Inc. increased its position in E.I. du Pont de Nemours and Company (NYSE:DD) by 1.5% during the second quarter, Holdings Channel reports. The firm owned 87,727 shares of the basic materials company’s stock after buying an additional 1,305 shares during the period. Farmers & Merchants Investments Inc.’s holdings in E.I. du Pont de Nemours and were worth $7,080,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DD. BlackRock Inc. boosted its stake 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 worth $4,392,942,000 after buying an additional 52,746,611 shares during the period. JPMorgan Chase & Co. boosted its stake 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 worth $1,448,235,000 after buying an additional 4,825,726 shares during the period. FMR LLC boosted its stake 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 worth $2,600,423,000 after buying an additional 1,813,187 shares during the period. Vanguard Group Inc. boosted its stake 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 worth $4,866,447,000 after buying an additional 1,685,604 shares during the period. Finally, Pentwater Capital Management LP acquired a new stake in E.I. du Pont de Nemours and during the first quarter worth approximately $128,528,000. Hedge funds and other institutional investors own 71.23% of the company’s stock.

Shares of E.I. du Pont de Nemours and Company (NYSE DD) traded up 0.20% on Friday, hitting $80.97. The stock had a trading volume of 1,947,088 shares. The company has a market cap of $70.27 billion, a price-to-earnings ratio of 31.63 and a beta of 1.76. The stock has a 50 day moving average price of $82.68 and a 200-day moving average price of $80.21. E.I. du Pont de Nemours and Company has a 12-month low of $66.02 and a 12-month high of $86.36.

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 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.09. The business 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 return on equity of 31.23% and a net margin of 8.86%. The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the company posted $1.24 EPS. On average, equities analysts expect that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current 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 given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, July 27th. E.I. du Pont de Nemours and’s dividend payout ratio (DPR) is currently 59.38%.

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A number of research firms have commented on DD. BidaskClub cut E.I. du Pont de Nemours and from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $86.00 price target (up from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. Deutsche Bank AG reiterated a “buy” rating and issued a $95.00 price target (up from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. Finally, Zacks Investment Research upgraded E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $91.00 price target for the company in a research note on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. E.I. du Pont de Nemours and currently 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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