The Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Has $23.21 Million Position in E I Du Pont De Nemours And Co (DD)

The Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Has $23.21 Million Position in E I Du Pont De Nemours And Co (DD)

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Financial Architects Inc increased its position 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. Advantage Investment Management LLC bought a new position in shares of E I Du Pont De Nemours And during the fourth quarter worth approximately $123,000. Enterprise Financial Services Corp increased its position in shares of E I Du Pont De Nemours And by 17.1% in the first quarter. Enterprise Financial Services Corp now owns 2,056 shares of the basic materials company’s stock worth $165,000 after buying an additional 300 shares in the last quarter. Murphy Pohlad Asset Management LLC bought a new position in shares of E I Du Pont De Nemours And during the first quarter worth approximately $206,000. Finally, Prospera Financial Services Inc bought a new position in shares of E I Du Pont De Nemours And during the first quarter worth approximately $208,000. 72.40% of the stock is owned by institutional investors.

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. reduced its stake in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 4.0% during the first quarter, Holdings Channel reports. The institutional investor owned 288,923 shares of the basic materials company’s stock after selling 11,957 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in E I Du Pont De Nemours And were worth $23,209,000 as of its most recent filing with the SEC.

Shares of E I Du Pont De Nemours And Co (NYSE:DD) opened at 80.51 on Monday. The stock has a market cap of $69.80 billion, a PE ratio of 29.51 and a beta of 1.69. E I Du Pont De Nemours And Co has a 52 week low of $61.12 and a 52 week high of $82.37. The firm has a 50-day moving average price of $78.96 and a 200-day moving average price of $77.00.

E I Du Pont De Nemours And (NYSE:DD) last issued its earnings results on Tuesday, April 25th. The basic materials company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.38 by $0.26. The company had revenue of $7.74 billion during the quarter, compared to analyst estimates of $7.50 billion. E I Du Pont De Nemours And had a return on equity of 29.26% and a net margin of 10.22%. The business’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.26 EPS. On average, analysts forecast that E I Du Pont De Nemours And Co will post $3.84 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 12th. Stockholders of record on Monday, May 15th will be given a $0.38 dividend. The ex-dividend date of this dividend is Thursday, May 11th. This represents a $1.52 annualized dividend and a dividend yield of 1.89%. E I Du Pont De Nemours And’s payout ratio is 53.33%. DD has been the subject of a number of analyst reports. Stifel Nicolaus set a $57.00 price objective on E I Du Pont De Nemours And and gave the stock a “buy” rating in a research report on Saturday, February 25th. Zacks Investment Research raised E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a research report on Wednesday, April 19th. Royal Bank of Canada reissued 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 report on Wednesday, April 26th. Deutsche Bank AG reissued 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 report on Saturday, April 29th. Finally, Jefferies Group LLC raised E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $83.00 to $96.00 in a research report on Monday, March 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. E I Du Pont De Nemours And currently has an average rating of “Hold” and a consensus price target of $77.56.

In other news, insider Nicholas C. Fanandakis sold 44,920 shares of E I Du Pont De Nemours And stock in a transaction that occurred on Tuesday, March 28th. The stock was sold at an average price of $81.93, for a total value of $3,680,295.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.31% of the stock is currently owned by company insiders. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “DD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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