Duff & Phelps Investment Management Co. reduced 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 fund owned 9,750 shares of the basic materials company’s stock after selling 710 shares during the period. Duff & Phelps Investment Management Co.’s holdings in E I Du Pont De Nemours And were worth $787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in DD. Waldron LP lifted its position in E I Du Pont De Nemours And by 93.4% during the first quarter. Waldron LP now owns 7,051 shares of the basic materials company’s stock valued at $534,000 after purchasing an additional 3,405 shares in the last quarter. Welch Investments LLC lifted its position in shares of E I Du Pont De Nemours And by 0.6% in the first quarter. Welch Investments LLC now owns 53,023 shares of the basic materials company’s stock valued at $4,259,000 after acquiring an additional 313 shares in the last quarter. DT Investment Partners LLC lifted its position in shares of E I Du Pont De Nemours And by 7.9% in the first quarter. DT Investment Partners LLC now owns 13,922 shares of the basic materials company’s stock valued at $1,118,000 after acquiring an additional 1,025 shares in the last quarter. ING Groep NV lifted its position in shares of E I Du Pont De Nemours And by 257.0% in the first quarter. ING Groep NV now owns 257,091 shares of the basic materials company’s stock valued at $20,652,000 after acquiring an additional 185,071 shares in the last quarter. Finally, Eqis Capital Management Inc. lifted its position in shares of E I Du Pont De Nemours And by 7.4% in the first quarter. Eqis Capital Management Inc. now owns 3,059 shares of the basic materials company’s stock valued at $246,000 after acquiring an additional 212 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

In other E I Du Pont De Nemours And news, SVP Benito Cachinero sold 10,621 shares of the firm’s stock in a transaction that occurred 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 accessible through this link. Company insiders own 0.31% of the company’s stock.

Several brokerages have recently commented on DD. BidaskClub downgraded E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Zacks Investment Research cut E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Morgan Stanley reaffirmed a “buy” rating and issued a $77.00 target price on shares of E I Du Pont De Nemours And in a report on Wednesday, September 6th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $96.00 target price on shares of E I Du Pont De Nemours And in a report on Tuesday, August 29th. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $81.34.

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Shares of E I Du Pont De Nemours And Co (NYSE DD) opened at 83.93 on Friday. 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 stock has a market cap of $72.83 billion, a price-to-earnings ratio of 32.79 and a beta of 1.76. The company has a 50 day moving average price of $82.87 and a 200-day moving average price of $80.79.

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 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 net margin of 11.57% and a return on equity of 29.17%. The company had revenue of $7.42 billion during the quarter, compared to analysts’ expectations of $7.28 billion. During the same quarter last year, the company posted $1.24 EPS. The firm’s revenue was up 5.1% compared to the same quarter last year. Equities analysts predict that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Monday, July 31st were given a $0.38 dividend. The ex-dividend date of this dividend was Thursday, July 27th. This represents a $1.52 annualized dividend and a yield of 1.81%. E I Du Pont De Nemours And’s dividend payout ratio is presently 59.38%.

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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