Wedbush Securities Inc. increased its holdings in E I Du Pont De Nemours And Co (NYSE:DD) by 15.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 10,439 shares of the basic materials company’s stock after acquiring an additional 1,374 shares during the period. Wedbush Securities Inc.’s holdings in E I Du Pont De Nemours And were worth $843,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DD. Acrospire Investment Management LLC purchased a new position in E I Du Pont De Nemours And in the first quarter worth approximately $104,000. Reilly Financial Advisors LLC boosted its position in shares of E I Du Pont De Nemours And by 61.1% during the second quarter. Reilly Financial Advisors LLC now owns 1,319 shares of the basic materials company’s stock worth $106,000 after buying an additional 500 shares during the period. Invictus RG purchased a new position in shares of E I Du Pont De Nemours And during the first quarter worth $116,000. Signature Estate & Investment Advisors LLC purchased a new position 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 position in shares of E I Du Pont De Nemours And by 6.8% during 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 during the period. Institutional investors own 71.21% of the company’s stock.

Shares of E I Du Pont De Nemours And Co (DD) opened at 83.93 on Friday. E I Du Pont De Nemours And Co has a 52 week low of $66.02 and a 52 week high of $86.36. The stock has a 50 day moving average price of $82.87 and a 200 day moving average price of $80.79. The firm has a market capitalization of $72.83 billion, a PE ratio of 32.79 and a beta of 1.76.

E I Du Pont De Nemours And (NYSE:DD) last announced 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 11.57% and a return on equity of 29.17%. The firm had revenue of $7.42 billion during the quarter, compared to analysts’ expectations of $7.28 billion. During the same period in the prior year, the company earned $1.24 EPS. The firm’s revenue was up 5.1% on a year-over-year basis. Equities analysts forecast that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Monday, July 31st were given a dividend of $0.38 per share. The ex-dividend date was Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a yield of 1.81%. E I Du Pont De Nemours And’s dividend payout ratio (DPR) is 59.38%.

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

Several research firms have recently commented on DD. BidaskClub lowered E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Zacks Investment Research lowered E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Jefferies Group LLC restated a “buy” rating and set a $96.00 price target on shares of E I Du Pont De Nemours And in a research report on Tuesday, August 29th. Finally, Morgan Stanley restated a “buy” rating and set a $77.00 price target on shares of E I Du Pont De Nemours And in a research report on Wednesday, September 6th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $81.34.

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E I Du Pont De Nemours And 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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