Prudential Financial Inc. reduced its holdings in E I Du Pont De Nemours And Co (NYSE:DD) by 1.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,213,268 shares of the basic materials company’s stock after selling 12,820 shares during the period. Prudential Financial Inc. owned 0.14% of E I Du Pont De Nemours And worth $97,922,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Ronald Blue & Co. LLC increased its stake in E I Du Pont De Nemours And by 0.4% in the 2nd quarter. Ronald Blue & Co. LLC now owns 4,323 shares of the basic materials company’s stock valued at $349,000 after buying an additional 16 shares during the last quarter. Lee Danner & Bass Inc. increased its stake in E I Du Pont De Nemours And by 0.4% in the 1st 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 last quarter. Vaughan David Investments Inc. IL increased its stake in E I Du Pont De Nemours And by 0.4% in the 1st 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 last quarter. Berkeley Capital Partners LLC increased its stake in E I Du Pont De Nemours And by 0.4% in the 1st 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 last quarter. Finally, Advantage Investment Management LLC increased its stake in E I Du Pont De Nemours And by 2.0% in the 1st 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 last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

DD has been the topic of several recent research reports. BidaskClub upgraded shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Jefferies Group LLC reiterated a “buy” rating and issued a $96.00 price target on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Zacks Investment Research upgraded shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $92.00 price objective on the stock in a research note on Tuesday, August 22nd. Finally, Morgan Stanley restated a “buy” rating and set a $77.00 price objective on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. E I Du Pont De Nemours And currently has a consensus rating of “Hold” and a consensus price target of $81.86.

E I Du Pont De Nemours And Co (DD) opened at 83.93 on Friday. The stock’s 50 day moving average is $82.87 and its 200 day moving average is $80.79. E I Du Pont De Nemours And Co has a 1-year low of $66.02 and a 1-year high of $86.36. The firm has a market capitalization of $72.83 billion, a price-to-earnings ratio of 32.79 and a beta of 1.76.

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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $7.42 billion during the quarter, compared to the consensus estimate of $7.28 billion. During the same quarter last year, the company posted $1.24 earnings per share. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. Analysts predict that E I Du Pont De Nemours And Co will post $3.85 EPS for the current fiscal year.

In related news, SVP Benito Cachinero sold 10,621 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $81.67, for a total transaction of $867,417.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.31% of the company’s stock.

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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.

Institutional Ownership by Quarter for E I Du Pont De Nemours And (NYSE:DD)

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