OLD Mutual Customised Solutions Proprietary Ltd. boosted its position in E.I. du Pont de Nemours and Company (NYSE:DD) by 7.2% during the first quarter, Holdings Channel reports. The institutional investor owned 13,940 shares of the basic materials company’s stock after buying an additional 940 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd.’s holdings in E.I. du Pont de Nemours and were worth $1,120,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC raised its stake in shares of E.I. du Pont de Nemours and by 12.2% in the first quarter. Flagship Harbor Advisors LLC now owns 14,816 shares of the basic materials company’s stock worth $1,190,000 after buying an additional 1,613 shares during the last quarter. Caxton Associates LP bought a new stake in shares of E.I. du Pont de Nemours and during the first quarter worth approximately $4,820,000. Westover Capital Advisors LLC raised its stake in shares of E.I. du Pont de Nemours and by 0.7% in the first quarter. Westover Capital Advisors LLC now owns 5,522 shares of the basic materials company’s stock worth $444,000 after buying an additional 36 shares during the last quarter. Paloma Partners Management Co bought a new stake in shares of E.I. du Pont de Nemours and during the first quarter worth approximately $8,366,000. Finally, National Asset Management Inc. raised its stake in shares of E.I. du Pont de Nemours and by 1.3% in the first quarter. National Asset Management Inc. now owns 24,353 shares of the basic materials company’s stock worth $1,957,000 after buying an additional 307 shares during the last quarter. 71.23% of the stock is currently owned by institutional investors.

Shares of E.I. du Pont de Nemours and Company (DD) traded up 0.20% during midday trading on Friday, reaching $80.97. 1,947,088 shares of the company’s stock traded hands. 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 50 day moving average of $82.68 and a 200 day moving average of $80.21. The firm 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 released its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.09. E.I. du Pont de Nemours and had a net margin of 8.86% and a return on equity of 31.23%. The firm had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.28 billion. During the same period last year, the firm earned $1.24 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. On average, equities analysts predict that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current fiscal year.

The firm also recently disclosed 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. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Thursday, July 27th. E.I. du Pont de Nemours and’s dividend payout ratio (DPR) is 59.38%.

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DD has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $87.00 price objective on the stock in a report on Wednesday, April 19th. Royal Bank Of Canada restated 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 report on Wednesday, April 26th. Deutsche Bank AG restated 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 report on Saturday, April 29th. Finally, BidaskClub upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target 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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