Skandinaviska Enskilda Banken AB publ boosted its position in E.I. du Pont de Nemours and Company (NYSE:DD) by 0.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 141,816 shares of the basic materials company’s stock after buying an additional 1,163 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in E.I. du Pont de Nemours and were worth $11,392,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the company. Financial Architects Inc boosted its stake in shares of E.I. du Pont de Nemours and by 18.2% in the first quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock worth $103,000 after buying an additional 199 shares in the last quarter. Acrospire Investment Management LLC bought a new stake in shares of E.I. du Pont de Nemours and during the first quarter worth $104,000. Invictus RG bought a new stake in shares of E.I. du Pont de Nemours and during the first quarter worth $116,000. Signature Estate & Investment Advisors LLC bought a new stake in shares of E.I. du Pont de Nemours and during the first quarter worth $125,000. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of E.I. du Pont de Nemours and by 6.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,680 shares of the basic materials company’s stock worth $135,000 after buying an additional 107 shares in the last quarter. 71.18% of the stock is currently owned by institutional investors.

Shares of E.I. du Pont de Nemours and Company (NYSE DD) traded down 0.06% during mid-day trading on Wednesday, hitting $81.53. 407,966 shares of the stock traded hands. The stock has a market cap of $70.75 billion, a PE ratio of 31.85 and a beta of 1.76. E.I. du Pont de Nemours and Company has a one year low of $66.02 and a one year high of $86.36. The stock has a 50-day moving average of $82.70 and a 200 day moving average of $80.32.

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 earnings per share 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 8.86% and a return on equity of 31.23%. 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 earned $1.24 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities analysts predict that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current fiscal year.

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

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A number of equities research analysts have weighed in on DD shares. Zacks Investment Research upgraded shares of 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 restated a “sector perform” rating and issued 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. Deutsche Bank AG restated a “buy” rating and issued 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. Finally, BidaskClub cut shares of E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. The company presently 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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