Darrell & King LLC Sells 11,017 Shares of E I Du Pont De Nemours And Co (DD)

Darrell & King LLC trimmed its holdings in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 439,117 shares of the basic materials company’s stock after selling 11,017 shares during the quarter. E I Du Pont De Nemours And comprises about 5.3% of Darrell & King LLC’s investment portfolio, making the stock its 8th largest holding. Darrell & King LLC owned approximately 0.05% of E I Du Pont De Nemours And worth $35,441,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in E I Du Pont De Nemours And by 7.4% during the first quarter. Geode Capital Management LLC now owns 7,973,353 shares of the basic materials company’s stock worth $639,533,000 after buying an additional 552,637 shares in the last quarter. Howland Capital Management LLC boosted its stake in shares of E I Du Pont De Nemours And by 0.3% in the 2nd quarter. Howland Capital Management LLC now owns 81,833 shares of the basic materials company’s stock valued at $6,605,000 after purchasing an additional 240 shares in the last quarter. BlackRock Inc. boosted its stake in shares of E I Du Pont De Nemours And by 2,719.5% in the 1st quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock valued at $4,392,942,000 after purchasing an additional 52,746,611 shares in the last quarter. Harbour Capital Advisors LLC boosted its stake in shares of E I Du Pont De Nemours And by 7,971.0% in the 2nd quarter. Harbour Capital Advisors LLC now owns 347,941 shares of the basic materials company’s stock valued at $4,311,000 after purchasing an additional 343,630 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of E I Du Pont De Nemours And by 1.2% in the 1st quarter. Fifth Third Bancorp now owns 644,268 shares of the basic materials company’s stock valued at $51,754,000 after purchasing an additional 7,545 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

E I Du Pont De Nemours And Co (DD) opened at 83.93 on Thursday. E I Du Pont De Nemours And Co has a 12-month low of $66.02 and a 12-month high of $86.36. The company has a market cap of $72.83 billion, a price-to-earnings ratio of 32.79 and a beta of 1.76. The firm’s 50-day moving average is $82.87 and its 200 day moving average is $80.79.

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 analysts’ consensus estimates of $1.29 by $0.09. The firm had revenue of $7.42 billion during the quarter, compared to analyst estimates of $7.28 billion. E I Du Pont De Nemours And had a return on equity of 29.17% and a net margin of 11.57%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.24 earnings per share. On average, equities analysts expect that E I Du Pont De Nemours And Co will post $3.85 earnings per share for the current fiscal year.

A number of equities research analysts have recently weighed in on DD shares. BidaskClub upgraded shares of E I Du Pont De Nemours And from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Jefferies Group LLC restated 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 downgraded shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research note on Monday, August 21st. Finally, Morgan Stanley restated a “buy” rating and issued a $77.00 price target 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 six have issued a buy rating to the company. E I Du Pont De Nemours And has a consensus rating of “Buy” and an average price target of $81.47.

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In related news, SVP Benito Cachinero sold 10,621 shares of the firm’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $81.67, for a total value of $867,417.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.31% of the company’s stock.

About E I Du Pont De Nemours And

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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