E.I. du Pont de Nemours and Company (NYSE:DD) Shares Sold by GWM Advisors LLC

GWM Advisors LLC lowered its position in E.I. du Pont de Nemours and Company (NYSE:DD) by 4.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,313 shares of the basic materials company’s stock after selling 245 shares during the period. GWM Advisors LLC’s holdings in E.I. du Pont de Nemours and were worth $428,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in DD. Financial Architects Inc increased its position 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 worth $103,000 after buying an additional 199 shares during the last quarter. Acrospire Investment Management LLC purchased a new position in E.I. du Pont de Nemours and during the first quarter worth about $104,000. Signature Estate & Investment Advisors LLC purchased a new position in E.I. du Pont de Nemours and during the first quarter worth about $125,000. Benjamin F. Edwards & Company Inc. increased its position in E.I. du Pont de Nemours and by 6.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,680 shares of the basic materials company’s stock worth $135,000 after buying an additional 107 shares during the last quarter. Finally, Advantage Investment Management LLC increased its position in E.I. du Pont de Nemours and by 2.0% in the first quarter. Advantage Investment Management LLC now owns 1,705 shares of the basic materials company’s stock worth $137,000 after buying an additional 33 shares during the last quarter. 71.10% of the stock is currently owned by institutional investors.

E.I. du Pont de Nemours and Company (NYSE:DD) opened at 84.35 on Tuesday. E.I. du Pont de Nemours and Company has a 1-year low of $66.02 and a 1-year high of $85.48. The firm has a 50-day moving average price of $82.53 and a 200-day moving average price of $79.43. The company has a market capitalization of $73.13 billion, a P/E ratio of 30.92 and a beta of 1.76.

E.I. du Pont de Nemours and (NYSE:DD) last issued its quarterly earnings data on Tuesday, April 25th. The basic materials company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.26. The firm 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 31.66% and a net margin of 9.63%. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 EPS. On average, analysts forecast that E.I. du Pont de Nemours and Company will post $3.85 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, July 31st will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Thursday, July 27th. E.I. du Pont de Nemours and’s dividend payout ratio is currently 55.68%.

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DD has been the subject of a number of research reports. Zacks Investment Research upgraded 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 report on Wednesday, April 19th. 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 report on Saturday, April 29th. 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 report on Wednesday, April 26th. Finally, BidaskClub upgraded E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. E.I. du Pont de Nemours and has an average rating of “Buy” and an average price target of $79.78.

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.

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