State Street Corp increased its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 0.1% during the first quarter, Holdings Channel reports. The firm owned 42,607,624 shares of the basic materials company’s stock after buying an additional 60,147 shares during the period. State Street Corp’s holdings in E.I. du Pont de Nemours and were worth $3,422,667,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Lee Danner & Bass Inc. increased its position in E.I. du Pont de Nemours and by 0.4% in the first quarter. Lee Danner & Bass Inc. now owns 4,570 shares of the basic materials company’s stock valued at $367,000 after buying an additional 19 shares during the period. Vaughan David Investments Inc. IL increased its position in E.I. du Pont de Nemours and by 0.4% in the first quarter. Vaughan David Investments Inc. IL now owns 7,281 shares of the basic materials company’s stock valued at $585,000 after buying an additional 26 shares during the period. Berkeley Capital Partners LLC increased its position in E.I. du Pont de Nemours and by 0.4% in the first quarter. Berkeley Capital Partners LLC now owns 6,420 shares of the basic materials company’s stock valued at $516,000 after buying an additional 27 shares during the period. Advantage Investment Management LLC increased its position in E.I. du Pont de Nemours and by 2.0% in the first quarter. Advantage Investment Management LLC now owns 1,705 shares of the basic materials company’s stock valued at $137,000 after buying an additional 33 shares during the period. Finally, Summit Financial Wealth Advisors LLC increased its position in E.I. du Pont de Nemours and by 0.8% in the first quarter. Summit Financial Wealth Advisors LLC now owns 4,539 shares of the basic materials company’s stock valued at $365,000 after buying an additional 38 shares during the period. Hedge funds and other institutional investors own 71.23% of the company’s stock.

E.I. du Pont de Nemours and Company (DD) traded up 0.19% during midday trading on Friday, reaching $80.96. The company’s stock had a trading volume of 598,454 shares. The stock has a market cap of $70.26 billion, a P/E ratio of 31.62 and a beta of 1.76. The stock’s 50 day moving average is $82.69 and its 200 day moving average is $80.15. E.I. du Pont de Nemours and Company has a 12-month low of $66.02 and a 12-month high of $86.36.

E.I. du Pont de Nemours and (NYSE:DD) last released its quarterly earnings results on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.29 by $0.09. The company had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.28 billion. E.I. du Pont de Nemours and had a return on equity of 31.23% and a net margin of 8.86%. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.24 earnings per share. Analysts anticipate that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current 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 $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, July 27th. E.I. du Pont de Nemours and’s payout ratio is currently 59.38%.

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Several equities analysts have recently issued reports on the stock. BidaskClub downgraded 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 upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $91.00 price objective on the stock in a report on Tuesday, June 27th. Royal Bank Of Canada restated a “sector perform” rating and set a $86.00 price objective (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a report on Wednesday, April 26th. Finally, Deutsche Bank AG restated a “buy” rating and set a $95.00 price objective (up previously from $90.00) on shares of E.I. du Pont de Nemours and in a report on Saturday, April 29th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target 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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