E I Du Pont De Nemours And Co (DD) Holding Trimmed by Appleton Partners Inc. MA

E I Du Pont De Nemours And Co (DD) Holding Trimmed by Appleton Partners Inc. MA

Appleton Partners Inc. MA lowered its stake in E I Du Pont De Nemours And Co (NYSE:DD) by 5.6% during the first quarter, Holdings Channel reports. The firm owned 36,818 shares of the basic materials company’s stock after selling 2,201 shares during the period. Appleton Partners Inc. MA’s holdings in E I Du Pont De Nemours And were worth $2,958,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Financial Architects Inc increased its stake in 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 valued at $103,000 after buying an additional 199 shares during the period. Advantage Investment Management LLC purchased a new stake in E I Du Pont De Nemours And during the fourth quarter valued at about $123,000. Enterprise Financial Services Corp increased its stake in 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 valued at $165,000 after buying an additional 300 shares during the period. Gratus Capital LLC purchased a new stake in E I Du Pont De Nemours And during the fourth quarter valued at about $201,000. Finally, Sapphire Star Partners LP purchased a new stake in E I Du Pont De Nemours And during the fourth quarter valued at about $206,000. 72.40% of the stock is currently owned by hedge funds and other institutional investors.

Shares of E I Du Pont De Nemours And Co (NYSE:DD) opened at 80.66 on Tuesday. E I Du Pont De Nemours And Co has a 12 month low of $61.12 and a 12 month high of $82.37. The company has a market cap of $69.93 billion, a P/E ratio of 29.57 and a beta of 1.69. The company’s 50 day moving average is $79.01 and its 200-day moving average is $77.21.

E I Du Pont De Nemours And (NYSE:DD) last announced its quarterly earnings data on Tuesday, April 25th. The basic materials company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.26. E I Du Pont De Nemours And had a net margin of 10.22% and a return on equity of 29.26%. The company had revenue of $7.74 billion during the quarter, compared to analysts’ expectations of $7.50 billion. During the same quarter in the prior year, the company posted $1.26 EPS. The business’s revenue was up 4.6% on a year-over-year basis. Analysts expect that E I Du Pont De Nemours And Co will post $3.84 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 12th. Stockholders of record on Monday, May 15th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, May 11th. E I Du Pont De Nemours And’s dividend payout ratio is 53.33%.

Several equities research analysts have recently weighed in on DD shares. Jefferies Group LLC raised shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and boosted their target price for the stock from $83.00 to $96.00 in a research report on Monday, March 6th. Deutsche Bank AG reissued a “buy” rating and issued a $95.00 target price (up previously from $90.00) on shares of E I Du Pont De Nemours And in a research report on Saturday, April 29th. Royal Bank of Canada reissued a “sector perform” rating and issued a $86.00 target price (up previously from $78.00) on shares of E I Du Pont De Nemours And in a research report on Wednesday, April 26th. Zacks Investment Research raised shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $87.00 target price for the company in a research report on Wednesday, April 19th. Finally, Stifel Nicolaus set a $57.00 target price on shares of E I Du Pont De Nemours And and gave the stock a “buy” rating in a research report on Saturday, February 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the stock. E I Du Pont De Nemours And currently has a consensus rating of “Hold” and a consensus target price of $77.56.

In other news, insider Nicholas C. Fanandakis sold 44,920 shares of the stock in a transaction on Tuesday, March 28th. The shares were sold at an average price of $81.93, for a total value of $3,680,295.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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.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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