Cadence Capital Management LLC boosted its holdings in E I Du Pont De Nemours And Co (NYSE:DD) by 9.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,525 shares of the basic materials company’s stock after buying an additional 676 shares during the period. Cadence Capital Management LLC’s holdings in E I Du Pont De Nemours And were worth $607,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DD. Waldron LP lifted its holdings in E I Du Pont De Nemours And by 93.4% in the first quarter. Waldron LP now owns 7,051 shares of the basic materials company’s stock valued at $534,000 after buying an additional 3,405 shares during the period. Empire Life Investments Inc. lifted its holdings in E I Du Pont De Nemours And by 0.8% in the first quarter. Empire Life Investments Inc. now owns 250,045 shares of the basic materials company’s stock valued at $20,086,000 after buying an additional 1,930 shares during the period. TIAA CREF Trust Co. FSB MO lifted its holdings in E I Du Pont De Nemours And by 1.1% in the first quarter. TIAA CREF Trust Co. FSB MO now owns 43,124 shares of the basic materials company’s stock valued at $3,464,000 after buying an additional 457 shares during the period. HPM Partners LLC acquired a new position in E I Du Pont De Nemours And in the first quarter valued at approximately $2,406,000. Finally, Loudon Investment Management LLC lifted its holdings in E I Du Pont De Nemours And by 3.0% in the first quarter. Loudon Investment Management LLC now owns 6,957 shares of the basic materials company’s stock valued at $559,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

In related news, SVP Benito Cachinero sold 10,621 shares of the business’s stock in a transaction on Thursday, August 17th. The shares were 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 SEC, which is available at this hyperlink. 0.31% of the stock is owned by insiders.

Several equities analysts recently weighed in on the stock. BidaskClub lowered shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Zacks Investment Research lowered shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Morgan Stanley restated a “buy” rating and issued a $77.00 price objective on shares of E I Du Pont De Nemours And in a report on Wednesday, September 6th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $96.00 price objective on shares of E I Du Pont De Nemours And in a report on Tuesday, August 29th. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. E I Du Pont De Nemours And has a consensus rating of “Buy” and a consensus price target of $81.47.

Shares of E I Du Pont De Nemours And Co (NYSE:DD) opened at 83.93 on Monday. The firm 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 Co has a 12-month low of $66.02 and a 12-month high of $86.36. The firm has a 50-day moving average of $82.87 and a 200 day moving average of $80.79.

E I Du Pont De Nemours And (NYSE:DD) last released its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.09. E I Du Pont De Nemours And had a net margin of 11.57% and a return on equity of 29.17%. The company had revenue of $7.42 billion for the quarter, compared to the consensus estimate of $7.28 billion. During the same quarter in the previous year, the company earned $1.24 EPS. E I Du Pont De Nemours And’s quarterly revenue was up 5.1% compared to the same quarter last year. On average, equities research analysts expect that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current year.

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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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