McQueen Ball & Associates Inc. increased its position in E I Du Pont De Nemours And Co (NYSE:DD) by 6.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,871 shares of the basic materials company’s stock after purchasing an additional 438 shares during the period. McQueen Ball & Associates Inc.’s holdings in E I Du Pont De Nemours And were worth $555,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DD. Waldron LP lifted its stake in E I Du Pont De Nemours And by 93.4% during the 1st quarter. Waldron LP now owns 7,051 shares of the basic materials company’s stock valued at $534,000 after acquiring an additional 3,405 shares during the period. Janney Montgomery Scott LLC lifted its stake in E I Du Pont De Nemours And by 8.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 270,865 shares of the basic materials company’s stock valued at $21,759,000 after acquiring an additional 21,207 shares during the period. Shell Asset Management Co. lifted its stake in E I Du Pont De Nemours And by 7.3% during the 1st quarter. Shell Asset Management Co. now owns 101,673 shares of the basic materials company’s stock valued at $8,167,000 after acquiring an additional 6,911 shares during the period. Barton Investment Management bought a new position in E I Du Pont De Nemours And during the 1st quarter valued at about $209,000. Finally, Russell Investments Group Ltd. lifted its stake in E I Du Pont De Nemours And by 1.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,509,239 shares of the basic materials company’s stock valued at $121,220,000 after acquiring an additional 18,971 shares during the period. Institutional investors own 71.21% of the company’s stock.

In related news, SVP Benito Cachinero sold 10,621 shares of E I Du Pont De Nemours And stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $81.67, for a total transaction of $867,417.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.31% of the company’s stock.

Several research firms have issued reports on DD. BidaskClub cut shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Zacks Investment Research upgraded shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a research note on Tuesday, June 27th. Jefferies Group LLC restated a “buy” rating and set a $96.00 target price on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Finally, Morgan Stanley restated a “buy” rating and set a $77.00 target price on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $80.89.

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Shares of E I Du Pont De Nemours And Co (NYSE DD) remained flat at $83.93 during trading on Thursday. The company had a trading volume of 34,861,021 shares. The stock’s 50-day moving average is $82.87 and its 200 day moving average is $80.79. E I Du Pont De Nemours And Co has a one year low of $66.02 and a one year high of $86.36. The company has a market capitalization of $72.83 billion, a price-to-earnings ratio of 32.79 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 for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.09. E I Du Pont De Nemours And had a return on equity of 29.17% and a net margin of 11.57%. The business had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.28 billion. During the same quarter in the previous year, the firm earned $1.24 earnings per share. The company’s revenue was up 5.1% on a year-over-year basis. Equities research analysts expect that E I Du Pont De Nemours And Co will post $3.85 earnings per share 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 issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Thursday, July 27th. E I Du Pont De Nemours And’s dividend payout ratio (DPR) is 59.38%.

E I Du Pont De Nemours And 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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