Parthenon LLC maintained its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) during the second quarter, Holdings Channel reports. The fund owned 21,477 shares of the basic materials company’s stock at the end of the second quarter. Parthenon LLC’s holdings in E.I. du Pont de Nemours and were worth $1,733,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. National Pension Service increased its stake in shares of E.I. du Pont de Nemours and by 5.0% in the first quarter. National Pension Service now owns 617,000 shares of the basic materials company’s stock worth $50,372,000 after buying an additional 29,488 shares during the last quarter. Carroll Financial Associates Inc. boosted its position in shares of E.I. du Pont de Nemours and by 36.7% in the first quarter. Carroll Financial Associates Inc. now owns 18,736 shares of the basic materials company’s stock worth $1,505,000 after buying an additional 5,035 shares during the period. Private Capital Advisors Inc. bought a new position in shares of E.I. du Pont de Nemours and during the first quarter worth about $217,000. Bank of Montreal Can boosted its position in shares of 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. Finally, Regentatlantic Capital LLC boosted its position in shares of 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. Hedge funds and other institutional investors own 71.23% of the company’s stock.

E.I. du Pont de Nemours and Company (NYSE DD) traded down 1.38% during mid-day trading on Thursday, reaching $80.21. 1,036,194 shares of the company’s stock traded hands. The company has a market capitalization of $69.61 billion, a price-to-earnings ratio of 31.33 and a beta of 1.76. The company has a 50-day moving average of $82.70 and a 200-day moving average of $80.15. 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 released its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.29 by $0.09. The firm 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 net margin of 8.86% and a return on equity of 31.23%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.24 EPS. Equities research analysts expect that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, July 31st will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.52 annualized dividend and a yield of 1.87%. 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 research analyst reports. Zacks Investment Research raised shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $87.00 target price for the company in a report on Wednesday, April 19th. Royal Bank Of Canada reissued a “sector perform” rating and set a $86.00 price objective (up from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. Deutsche Bank AG reissued a “buy” rating and set a $95.00 price objective (up from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. Finally, BidaskClub cut shares of E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. One research 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. The stock has a consensus 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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