Schwab Charles Investment Management Inc. Has $219.30 Million Position in E.I. du Pont de Nemours and Company (NYSE:DD)

Schwab Charles Investment Management Inc. increased its position in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 4.1% during the first quarter, Holdings Channel reports. The firm owned 2,729,947 shares of the basic materials company’s stock after buying an additional 107,301 shares during the period. Schwab Charles Investment Management Inc.’s holdings in E.I. du Pont de Nemours and were worth $219,297,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brown Advisory Securities LLC raised its stake in E.I. du Pont de Nemours and by 13.9% in the first quarter. Brown Advisory Securities LLC now owns 16,083 shares of the basic materials company’s stock worth $1,289,000 after buying an additional 1,965 shares during the last quarter. Invictus RG acquired a new stake in E.I. du Pont de Nemours and during the first quarter worth approximately $116,000. King Luther Capital Management Corp raised its stake in E.I. du Pont de Nemours and by 3.1% in the first quarter. King Luther Capital Management Corp now owns 1,528,977 shares of the basic materials company’s stock worth $122,823,000 after buying an additional 46,277 shares during the last quarter. BlackRock Inc. raised its stake in E.I. du Pont de Nemours and by 2,719.5% in the first quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock worth $4,392,942,000 after buying an additional 52,746,611 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in E.I. du Pont de Nemours and during the first quarter worth approximately $36,060,000. 71.23% of the stock is owned by institutional investors.

E.I. du Pont de Nemours and Company (DD) traded up 0.20% during trading on Friday, hitting $80.97. The stock had a trading volume of 1,947,088 shares. The company’s 50 day moving average is $82.68 and its 200 day moving average is $80.21. The firm has a market cap of $70.27 billion, a PE ratio of 31.63 and a beta of 1.76. E.I. du Pont de Nemours and Company has a 52-week low of $66.02 and a 52-week high of $86.36.

E.I. du Pont de Nemours and (NYSE:DD) last released its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.09. E.I. du Pont de Nemours and had a return on equity of 31.23% and a net margin of 8.86%. The firm had revenue of $7.42 billion for the quarter, compared to the consensus estimate of $7.28 billion. During the same period in the prior year, the firm earned $1.24 EPS. The firm’s revenue was up 5.1% on a year-over-year basis. Equities research analysts forecast that E.I. du Pont de Nemours and Company will post $3.91 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, July 31st will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, July 27th. E.I. du Pont de Nemours and’s payout ratio is 59.38%.

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A number of analysts have commented on the company. BidaskClub lowered E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Zacks Investment Research lowered E.I. du Pont de Nemours and from a “buy” rating to a “hold” rating in a report on Monday, July 24th. 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 report on Wednesday, April 26th. Finally, 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 report on Saturday, April 29th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $81.15.

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.

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Institutional Ownership by Quarter for E.I. du Pont de Nemours and (NYSE:DD)

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