Quantitative Investment Management LLC Boosts Position in E I Du Pont De Nemours And Co (DD)

Quantitative Investment Management LLC increased its holdings in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 470.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,400 shares of the basic materials company’s stock after acquiring an additional 82,800 shares during the period. Quantitative Investment Management LLC’s holdings in E I Du Pont De Nemours And were worth $8,103,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of DD. Assetmark Inc. boosted its stake in E I Du Pont De Nemours And by 1.8% during the first quarter. Assetmark Inc. now owns 3,626 shares of the basic materials company’s stock worth $291,000 after acquiring an additional 64 shares in the last quarter. Trexquant Investment LP boosted its stake in E I Du Pont De Nemours And by 101.7% during the first quarter. Trexquant Investment LP now owns 14,409 shares of the basic materials company’s stock worth $1,157,000 after acquiring an additional 7,265 shares in the last quarter. Catalyst Capital Advisors LLC bought a new stake in E I Du Pont De Nemours And during the first quarter worth about $4,418,000. Rational Advisors LLC bought a new stake in E I Du Pont De Nemours And during the first quarter worth about $321,000. Finally, Davidson & Garrard Inc. boosted its stake in E I Du Pont De Nemours And by 8.1% during the first quarter. Davidson & Garrard Inc. now owns 3,895 shares of the basic materials company’s stock worth $313,000 after acquiring an additional 291 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

In other news, SVP Benito Cachinero sold 10,621 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $81.67, for a total transaction of $867,417.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.31% of the stock is owned by insiders.

E I Du Pont De Nemours And Co (DD) opened at $83.93 on Friday. The company has a current ratio of 1.93, a quick ratio of 1.46 and a debt-to-equity ratio of 0.82. E I Du Pont De Nemours And Co has a twelve month low of $66.02 and a twelve month high of $86.36.

Several research firms recently commented on DD. BidaskClub lowered shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Zacks Investment Research downgraded shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Morgan Stanley reiterated a “buy” rating and issued a $77.00 target price on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $96.00 target price on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $81.86.

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E I Du Pont De Nemours And 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.

Institutional Ownership by Quarter for E I Du Pont De Nemours And (NYSE:DD)

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