Dai Ichi Life Insurance Company Ltd Buys 3,378 Shares of E I Du Pont De Nemours And Co (DD)

Dai Ichi Life Insurance Company Ltd raised its stake in E I Du Pont De Nemours And Co (NYSE:DD) by 3.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 96,469 shares of the basic materials company’s stock after buying an additional 3,378 shares during the quarter. Dai Ichi Life Insurance Company Ltd’s holdings in E I Du Pont De Nemours And were worth $7,786,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of DD. BlackRock Inc. raised its stake in shares of E I Du Pont De Nemours And by 2,719.5% during the first quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock valued at $4,392,942,000 after purchasing an additional 52,746,611 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of E I Du Pont De Nemours And by 36.6% during the first quarter. JPMorgan Chase & Co. now owns 18,028,546 shares of the basic materials company’s stock valued at $1,448,235,000 after purchasing an additional 4,825,726 shares in the last quarter. FMR LLC raised its stake in shares of E I Du Pont De Nemours And by 5.9% during the first quarter. FMR LLC now owns 32,371,752 shares of the basic materials company’s stock valued at $2,600,423,000 after purchasing an additional 1,813,187 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of E I Du Pont De Nemours And by 2.9% during the first quarter. Vanguard Group Inc. now owns 60,580,688 shares of the basic materials company’s stock valued at $4,866,447,000 after purchasing an additional 1,685,604 shares in the last quarter. Finally, Pentwater Capital Management LP bought a new stake in shares of E I Du Pont De Nemours And during the first quarter valued at about $128,528,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

E I Du Pont De Nemours And Co (NYSE DD) opened at $83.93 on Friday. E I Du Pont De Nemours And Co has a 12 month low of $66.02 and a 12 month high of $86.36. The company has a quick ratio of 1.46, a current ratio of 1.93 and a debt-to-equity ratio of 0.82.

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Several equities research analysts have commented on the stock. Zacks Investment Research upgraded shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $92.00 price target on the stock in a research report on Tuesday, August 22nd. Morgan Stanley reiterated a “buy” rating and issued a $77.00 price target on shares of E I Du Pont De Nemours And in a research report on Wednesday, September 6th. Jefferies Group LLC reiterated a “buy” rating and issued a $96.00 price target on shares of E I Du Pont De Nemours And in a research report on Tuesday, August 29th. Finally, BidaskClub upgraded shares of E I Du Pont De Nemours And from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. E I Du Pont De Nemours And has an average rating of “Hold” and a consensus price target of $81.86.

In related news, SVP Benito Cachinero sold 10,621 shares of E I Du Pont De Nemours And stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $81.67, for a total value of $867,417.07. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company 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.

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

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