Portland Global Advisors LLC continued to hold its position in shares of E I Du Pont De Nemours And Co (NYSE:DD) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,491 shares of the basic materials company’s stock at the close of the second quarter. Portland Global Advisors LLC’s holdings in E I Du Pont De Nemours And were worth $362,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC grew its position in E I Du Pont De Nemours And by 7.4% during the 1st quarter. Geode Capital Management LLC now owns 7,973,353 shares of the basic materials company’s stock worth $639,533,000 after purchasing an additional 552,637 shares in the last quarter. BlackRock Inc. boosted its stake in shares of E I Du Pont De Nemours And by 2,719.5% during the 1st 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 during the period. Fifth Third Bancorp boosted its stake in shares of E I Du Pont De Nemours And by 1.2% during the 1st quarter. Fifth Third Bancorp now owns 644,268 shares of the basic materials company’s stock valued at $51,754,000 after buying an additional 7,545 shares during the period. Private Advisor Group LLC boosted its stake in shares of E I Du Pont De Nemours And by 3.6% during the 1st quarter. Private Advisor Group LLC now owns 76,601 shares of the basic materials company’s stock valued at $6,164,000 after buying an additional 2,667 shares during the period. Finally, Caxton Associates LP acquired a new stake in shares of E I Du Pont De Nemours And during the 1st quarter valued at $4,820,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Portland Global Advisors LLC Continues to Hold Holdings in E I Du Pont De Nemours And Co (DD)” was posted by Daily Political and is the property of of Daily Political. If you are accessing this piece on another website, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The correct version of this piece can be read at https://www.dailypolitical.com/2017/09/20/portland-global-advisors-llc-continues-to-hold-holdings-in-e-i-du-pont-de-nemours-and-co-dd.html.

In other E I Du Pont De Nemours And news, SVP Benito Cachinero sold 10,621 shares of the stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $81.67, for a total value of $867,417.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.31% of the company’s stock.

E I Du Pont De Nemours And Co (NYSE DD) remained flat at $83.93 on Wednesday. The company’s stock had a trading volume of 34,861,021 shares. E I Du Pont De Nemours And Co has a 12 month low of $66.02 and a 12 month high of $86.36. The firm’s 50 day moving average is $82.87 and its 200-day moving average is $80.79. The stock 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 announced its quarterly earnings results on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.09. The firm had revenue of $7.42 billion during the quarter, compared to analysts’ expectations of $7.28 billion. E I Du Pont De Nemours And had a net margin of 11.57% and a return on equity of 29.17%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.24 earnings per share. On average, equities analysts expect that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current year.

The company also recently declared 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 yield of 1.81%. The ex-dividend date is Thursday, July 27th. E I Du Pont De Nemours And’s dividend payout ratio is currently 59.38%.

A number of brokerages have issued reports on DD. Morgan Stanley reissued 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. Zacks Investment Research lowered shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Jefferies Group LLC reissued 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, BidaskClub raised shares of E I Du Pont De Nemours And from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $80.89.

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.

Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for E I Du Pont De Nemours And Co (NYSE:DD).

Institutional Ownership by Quarter for E I Du Pont De Nemours And (NYSE:DD)

Receive News & Ratings for E I Du Pont De Nemours And Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E I Du Pont De Nemours And Co and related companies with MarketBeat.com's FREE daily email newsletter.