E.I. du Pont de Nemours and Company (DD) Stake Increased by Sullivan Bruyette Speros & Blaney LLC

Sullivan Bruyette Speros & Blaney LLC increased its position in E.I. du Pont de Nemours and Company (NYSE:DD) by 0.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,833 shares of the basic materials company’s stock after buying an additional 15 shares during the period. Sullivan Bruyette Speros & Blaney LLC’s holdings in E.I. du Pont de Nemours and were worth $629,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cibc World Markets Corp raised its position in shares of E.I. du Pont de Nemours and by 47.9% in the first quarter. Cibc World Markets Corp now owns 305,484 shares of the basic materials company’s stock worth $24,540,000 after buying an additional 98,978 shares during the period. Spinnaker Trust raised its position in shares of E.I. du Pont de Nemours and by 3.2% in the first quarter. Spinnaker Trust now owns 42,496 shares of the basic materials company’s stock worth $3,414,000 after buying an additional 1,332 shares during the period. Atlantic Trust Group LLC raised its position in shares of E.I. du Pont de Nemours and by 7.2% in the first quarter. Atlantic Trust Group LLC now owns 84,620 shares of the basic materials company’s stock worth $6,798,000 after buying an additional 5,698 shares during the period. Wayne Hummer Investments L.L.C. bought a new position in shares of E.I. du Pont de Nemours and during the first quarter worth approximately $412,000. Finally, Berkeley Capital Partners LLC raised its position in shares of 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 worth $516,000 after buying an additional 27 shares during the period. 71.18% of the stock is currently owned by institutional investors and hedge funds.

Shares of E.I. du Pont de Nemours and Company (NYSE DD) traded up 0.40% during midday trading on Friday, reaching $81.18. 1,952,437 shares of the company’s stock traded hands. E.I. du Pont de Nemours and Company has a 1-year low of $66.02 and a 1-year high of $86.36. The stock has a market capitalization of $70.45 billion, a P/E ratio of 31.71 and a beta of 1.76. The firm’s 50-day moving average price is $82.75 and its 200 day moving average price is $80.37.

E.I. du Pont de Nemours and (NYSE:DD) last issued its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $7.28 billion. During the same quarter in the prior year, the business posted $1.24 EPS. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, equities analysts predict that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current fiscal 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 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, July 27th. E.I. du Pont de Nemours and’s payout ratio is 59.38%.

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A number of equities analysts have recently commented on the stock. BidaskClub raised shares of E.I. du Pont de Nemours and from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Investment Research lowered shares of E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Deutsche Bank AG reiterated 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, Royal Bank Of Canada reiterated 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. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $81.15.

In other 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 value of $867,417.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.31% of the company’s stock.

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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