Adams Natural Resources Fund Inc. maintained its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) during the second quarter, Holdings Channel reports. The firm owned 147,800 shares of the basic materials company’s stock at the end of the second quarter. E.I. du Pont de Nemours and comprises about 2.0% of Adams Natural Resources Fund Inc.’s investment portfolio, making the stock its 16th largest position. Adams Natural Resources Fund Inc.’s holdings in E.I. du Pont de Nemours and were worth $11,929,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Prospera Financial Services Inc bought a new stake in shares of E.I. du Pont de Nemours and during the first quarter worth approximately $208,000. Atria Investments LLC boosted its stake in shares of E.I. du Pont de Nemours and by 28.2% in the first quarter. Atria Investments LLC now owns 23,183 shares of the basic materials company’s stock worth $1,862,000 after buying an additional 5,102 shares during the last quarter. First National Bank & Trust Co. of Newtown boosted its stake in shares of E.I. du Pont de Nemours and by 1.0% in the first quarter. First National Bank & Trust Co. of Newtown now owns 28,717 shares of the basic materials company’s stock worth $2,307,000 after buying an additional 290 shares during the last quarter. Cornerstone Financial Partners LLC bought a new stake in shares of E.I. du Pont de Nemours and during the first quarter worth approximately $208,000. Finally, Eastern Bank boosted its stake in shares of E.I. du Pont de Nemours and by 12.0% in the first quarter. Eastern Bank now owns 25,906 shares of the basic materials company’s stock worth $2,080,000 after buying an additional 2,772 shares during the last quarter. Institutional investors and hedge funds own 71.18% of the company’s stock.

Shares of E.I. du Pont de Nemours and Company (NYSE DD) traded up 0.0493% during trading on Wednesday, reaching $81.6202. The company had a trading volume of 610,094 shares. The company has a market capitalization of $70.83 billion, a PE ratio of 31.8829 and a beta of 1.76. The stock’s 50-day moving average price is $82.70 and its 200-day moving average price is $80.32. E.I. du Pont de Nemours and Company has a 52 week low of $66.02 and a 52 week high of $86.36.

E.I. du Pont de Nemours and (NYSE:DD) last posted its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, topping 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 company had revenue of $7.42 billion during the quarter, compared to analyst estimates of $7.28 billion. During the same period in the previous year, the business earned $1.24 EPS. E.I. du Pont de Nemours and’s quarterly revenue was up 5.1% on a year-over-year basis. On average, equities analysts expect that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, July 27th. E.I. du Pont de Nemours and’s dividend payout ratio is currently 59.38%.

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A number of analysts have commented on DD shares. Zacks Investment Research upgraded 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 report on Wednesday, April 19th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $86.00 target price (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a research report on Wednesday, April 26th. Deutsche Bank AG reiterated a “buy” rating and set a $95.00 target price (up previously from $90.00) on shares of E.I. du Pont de Nemours and in a research report on Saturday, April 29th. Finally, BidaskClub upgraded E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $81.15.

E.I. du Pont de Nemours and Company 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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