Canal Capital Management Lowers stake in E I Du Pont De Nemours And Co (DD)

E I Du Pont De Nemours And Co (DD) : Canal Capital Management reduced its stake in E I Du Pont De Nemours And Co by 5.73% during the most recent quarter end. The investment management company now holds a total of 23,012 shares of E I Du Pont De Nemours And Co which is valued at $1,586,447 after selling 1,398 shares in E I Du Pont De Nemours And Co , the firm said in a disclosure report filed with the SEC on Oct 11, 2016.E I Du Pont De Nemours And Co makes up approximately 1.48% of Canal Capital Management’s portfolio.

Other Hedge Funds, Including , Carroll Financial Associates boosted its stake in DD in the latest quarter, The investment management firm added 279 additional shares and now holds a total of 14,056 shares of E I Du Pont De Nemours And Co which is valued at $969,021. E I Du Pont De Nemours And Co makes up approx 0.15% of Carroll Financial Associates’s portfolio.Boltwood Capital Management boosted its stake in DD in the latest quarter, The investment management firm added 90 additional shares and now holds a total of 21,957 shares of E I Du Pont De Nemours And Co which is valued at $1,494,833. E I Du Pont De Nemours And Co makes up approx 1.20% of Boltwood Capital Management’s portfolio.Lynch Associatesin boosted its stake in DD in the latest quarter, The investment management firm added 166 additional shares and now holds a total of 41,651 shares of E I Du Pont De Nemours And Co which is valued at $2,835,600. E I Du Pont De Nemours And Co makes up approx 1.25% of Lynch Associatesin’s portfolio.

E I Du Pont De Nemours And Co (DD) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $68.48 and reached the intraday high at $69.01. The bulls started the profit booking and pushed the shares to intraday low of $68.16. The trading session was marked by a volume range of 22,24,712 shares exchanging hands. The 52-week high of the shares is $75.72 and the 52-week low is $50.71. The market cap of the company stands at $60,276 M and there are 87,43,25,000 shares in public circulation.

On the company’s financial health, E I Du Pont De Nemours And Co reported $1.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $1.10. The company had revenue of $7061.00 million for the quarter, compared to analysts expectations of $6979.50 million. The company’s revenue was down -.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.18 EPS.

Many Wall Street Analysts have commented on E I Du Pont De Nemours And Co. E I Du Pont De Nemours And Co was Upgraded by Citigroup to ” Buy” on Oct 3, 2016.

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Company’s subsidiaries and affiliates conduct manufacturing seed production or selling activities and distribute products manufactured by the Company. The Company’s segments include Agriculture Electronics & Communications Industrial Biosciences Nutrition & Health Performance Materials and Safety & Protection. The Company’s other business operations include various embryonic businesses such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields including biology chemistry engineering and materials science. The Company’s brands include Pioneer DuPont Teflon Capstone Opteon yf Isceon Suva Vazo Vertrel Virkon Viton Zyron and Bynel coextrudable adhesive resins Elvax EVA resins DuPont Kevlar Nomex and Tyvek.

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