AE Wealth Management LLC Purchases New Position in E I Du Pont De Nemours And Co (DD)

AE Wealth Management LLC purchased a new position in E I Du Pont De Nemours And Co (NYSE:DD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,170 shares of the basic materials company’s stock, valued at approximately $233,000.

Several other institutional investors have also modified their holdings of the company. Endurance Wealth Management Inc. raised its stake in shares of E I Du Pont De Nemours And by 3,600.0% in the third quarter. Endurance Wealth Management Inc. now owns 1,480 shares of the basic materials company’s stock worth $102,000 after buying an additional 1,440 shares during the period. Advantage Investment Management LLC bought a new stake in shares of E I Du Pont De Nemours And during the fourth quarter worth $123,000. Enterprise Financial Services Corp raised its stake in shares of E I Du Pont De Nemours And by 4.6% in the third quarter. Enterprise Financial Services Corp now owns 1,731 shares of the basic materials company’s stock worth $116,000 after buying an additional 76 shares during the period. Global X Management Co. LLC raised its stake in shares of E I Du Pont De Nemours And by 329.1% in the third quarter. Global X Management Co. LLC now owns 2,274 shares of the basic materials company’s stock worth $152,000 after buying an additional 1,744 shares during the period. Finally, Gratus Capital LLC bought a new stake in shares of E I Du Pont De Nemours And during the fourth quarter worth $201,000. 72.40% of the stock is currently owned by institutional investors and hedge funds.

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

E I Du Pont De Nemours And Co (NYSE:DD) traded up 0.46% on Friday, hitting $78.65. 2,098,744 shares of the company traded hands. The stock has a market cap of $68.00 billion, a PE ratio of 27.55 and a beta of 1.69. The stock’s 50-day moving average is $79.98 and its 200 day moving average is $74.76. E I Du Pont De Nemours And Co has a 12 month low of $61.12 and a 12 month high of $82.37.

E I Du Pont De Nemours And (NYSE:DD) last posted its quarterly earnings results on Tuesday, January 24th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. The business earned $5.20 billion during the quarter, compared to analyst estimates of $5.27 billion. E I Du Pont De Nemours And had a net margin of 10.22% and a return on equity of 29.26%. The firm’s revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.96 earnings per share. Equities research analysts expect that E I Du Pont De Nemours And Co will post $3.68 earnings per share for the current fiscal year.

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A number of brokerages have recently weighed in on DD. Stifel Nicolaus set a $57.00 price objective on shares of E I Du Pont De Nemours And and gave the company a “buy” rating in a report on Saturday, February 25th. Jefferies Group LLC raised shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and upped their price target for the company from $83.00 to $96.00 in a report on Monday, March 6th. TheStreet raised shares of E I Du Pont De Nemours And from a “c+” rating to a “b” rating in a report on Tuesday, January 24th. 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 price target on the stock in a report on Wednesday. Finally, Argus lowered shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating and upped their price target for the company from $77.20 to $77.70 in a report on Monday, January 30th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company’s stock. E I Du Pont De Nemours And currently has a consensus rating of “Hold” and a consensus price target of $73.16.

In other news, insider Nicholas C. Fanandakis sold 44,920 shares of the stock in a transaction that occurred 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.31% of the stock is owned by corporate 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.

5 Day Chart for NYSE:DD

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