Brown Advisory Securities LLC increased its position in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 13.9% during the first quarter, Holdings Channel reports. The firm owned 16,083 shares of the basic materials company’s stock after buying an additional 1,965 shares during the period. Brown Advisory Securities LLC’s holdings in E.I. du Pont de Nemours and were worth $1,289,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DD. Bank of Montreal Can increased its position in E.I. du Pont de Nemours and by 132.6% in the first quarter. Bank of Montreal Can now owns 1,487,784 shares of the basic materials company’s stock worth $119,512,000 after buying an additional 848,209 shares during the period. Regentatlantic Capital LLC increased its position in E.I. du Pont de Nemours and by 0.5% in the first quarter. Regentatlantic Capital LLC now owns 38,793 shares of the basic materials company’s stock worth $3,116,000 after buying an additional 204 shares during the period. First PREMIER Bank increased its position in E.I. du Pont de Nemours and by 6.7% in the first quarter. First PREMIER Bank now owns 4,853 shares of the basic materials company’s stock worth $390,000 after buying an additional 304 shares during the period. Adirondack Trust Co. increased its position in E.I. du Pont de Nemours and by 1.1% in the first quarter. Adirondack Trust Co. now owns 4,334 shares of the basic materials company’s stock worth $348,000 after buying an additional 47 shares during the period. Finally, TNB Financial bought a new position in E.I. du Pont de Nemours and during the first quarter worth approximately $667,000. 71.23% of the stock is owned by institutional investors and hedge funds.

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 401,511 shares. E.I. du Pont de Nemours and Company has a 1-year low of $66.02 and a 1-year high of $86.36. The stock has a market capitalization of $70.27 billion, a price-to-earnings ratio of 31.63 and a beta of 1.76. The company has a 50-day moving average price of $82.69 and a 200-day moving average price of $80.15.

E.I. du Pont de Nemours and (NYSE:DD) last posted its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.29 by $0.09. E.I. du Pont de Nemours and had a return on equity of 31.23% and a net margin of 8.86%. The firm had revenue of $7.42 billion for the quarter, compared to analysts’ expectations of $7.28 billion. During the same period in the previous year, the firm earned $1.24 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. Equities analysts predict that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, July 31st will be given a dividend of $0.38 per share. The ex-dividend date is Thursday, July 27th. This represents a $1.52 annualized dividend and a dividend yield of 1.88%. E.I. du Pont de Nemours and’s dividend payout ratio is presently 59.38%.

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DD has been the subject of a number of analyst reports. Zacks Investment Research raised E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $87.00 price target for the company in a research note on Wednesday, April 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $86.00 price target (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $95.00 price target (up previously from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. Finally, BidaskClub raised E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. The stock 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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