The Schroder Investment Management Group Acquires 1,707 Shares of E.I. du Pont de Nemours and Company (DD)

The Schroder Investment Management Group Acquires 1,707 Shares of E.I. du Pont de Nemours and Company (DD)

Schroder Investment Management Group raised its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 42.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,762 shares of the company’s stock after buying an additional 1,707 shares during the period. Schroder Investment Management Group’s holdings in E.I. du Pont de Nemours and Company were worth $385,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of DD. Endurance Wealth Management Inc. raised its position in E.I. du Pont de Nemours and Company by 3,600.0% in the third quarter. Endurance Wealth Management Inc. now owns 1,480 shares of the company’s stock valued at $102,000 after buying an additional 1,440 shares during the last quarter. Timber Creek Capital Management LLC increased its stake in E.I. du Pont de Nemours and Company by 200.0% in the third quarter. Timber Creek Capital Management LLC now owns 1,650 shares of the company’s stock valued at $110,000 after buying an additional 1,100 shares during the period. Enterprise Financial Services Corp increased its stake in E.I. du Pont de Nemours and Company by 4.6% in the third quarter. Enterprise Financial Services Corp now owns 1,731 shares of the company’s stock valued at $116,000 after buying an additional 76 shares during the period. Pinkerton Retirement Specialists LLC increased its stake in E.I. du Pont de Nemours and Company by 5,435.3% in the second quarter. Pinkerton Retirement Specialists LLC now owns 1,882 shares of the company’s stock valued at $122,000 after buying an additional 1,848 shares during the period. Finally, Global X Management Co. LLC increased its stake in E.I. du Pont de Nemours and Company by 329.1% in the third quarter. Global X Management Co. LLC now owns 2,274 shares of the company’s stock valued at $152,000 after buying an additional 1,744 shares during the period. Institutional investors and hedge funds own 69.26% of the company’s stock.

E.I. du Pont de Nemours and Company (NYSE:DD) traded up 0.66% on Wednesday, reaching $73.45. 1,986,455 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $74.12 and a 200-day moving average of $69.81. E.I. du Pont de Nemours and Company has a 12 month low of $50.71 and a 12 month high of $75.86. The firm has a market capitalization of $63.85 billion, a price-to-earnings ratio of 32.50 and a beta of 1.71.

E.I. du Pont de Nemours and Company (NYSE:DD) last issued its quarterly earnings results on Tuesday, October 25th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.13. E.I. du Pont de Nemours and Company had a net margin of 8.08% and a return on equity of 27.16%. The firm earned $4.90 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the prior year, the firm earned $0.13 EPS. The business’s revenue was up .9% on a year-over-year basis. On average, equities analysts expect that E.I. du Pont de Nemours and Company will post $3.26 earnings per share for the current year.

Several equities research analysts recently issued reports on DD shares. Zacks Investment Research downgraded shares of E.I. du Pont de Nemours and Company from a “buy” rating to a “hold” rating in a research note on Tuesday, September 27th. Citigroup Inc. raised shares of E.I. du Pont de Nemours and Company from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $72.00 to $76.00 in a research note on Monday, October 3rd. Nomura started coverage on shares of E.I. du Pont de Nemours and Company in a research note on Tuesday, October 18th. They set a “buy” rating and a $78.00 price target on the stock. Finally, Sanford C. Bernstein reaffirmed an “overweight” rating on shares of E.I. du Pont de Nemours and Company in a research note on Friday, December 23rd. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. E.I. du Pont de Nemours and Company has an average rating of “Hold” and an average target price of $71.33.

About E.I. du Pont de Nemours and Company

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Company consists of over 10 businesses aggregated into six segments: Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. Its products include corn hybrids and soybean varieties, herbicides, fungicides and insecticides in Agriculture segment; photopolymers and electronic materials in Electronics & Communications segment; enzymes and bio-based materials in Industrial Biosciences segment; cultures, emulsifiers, texturants, natural sweeteners and soy-based food ingredients in Nutrition & Health segment; engineering polymers, packaging and industrial polymers, films and elastomers in Performance Materials segment, and nonwovens, aramids and solid surfaces in Safety & Protection segment.

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