E I Du Pont De Nemours And Co (DD) : Loeb Partners Corp added new position in E I Du Pont De Nemours And Co during the most recent quarter end. The investment management firm now holds 105,900 shares of E I Du Pont De Nemours And Co which is valued at $7,246,737 , the company said in a statement filed on Jul 20, 2016 with the SEC.E I Du Pont De Nemours And Co makes up approximately 2.35% of Loeb Partners Corp’s portfolio.
Other Hedge Funds, Including , Hartford Investment Management Co reduced its stake in DD by selling 3,838 shares or 1.8% in the most recent quarter. The Hedge Fund company now holds 209,351 shares of DD which is valued at $14,325,889. E I Du Pont De Nemours And Co makes up approx 0.29% of Hartford Investment Management Co’s portfolio.Pennsylvania Trust Co reduced its stake in DD by selling 102 shares or 0.08% in the most recent quarter. The Hedge Fund company now holds 121,347 shares of DD which is valued at $8,212,765. E I Du Pont De Nemours And Co makes up approx 0.65% of Pennsylvania Trust Co’s portfolio.Deroy Devereaux Private Investment Counsel Inc reduced its stake in DD by selling 200 shares or 4.85% in the most recent quarter. The Hedge Fund company now holds 3,925 shares of DD which is valued at $259,403. E I Du Pont De Nemours And Co makes up approx 0.03% of Deroy Devereaux Private Investment Counsel Inc’s portfolio.Webster Bank N. A. reduced its stake in DD by selling 200 shares or 1.47% in the most recent quarter. The Hedge Fund company now holds 13,434 shares of DD which is valued at $887,853. E I Du Pont De Nemours And Co makes up approx 0.13% of Webster Bank N. A.’s portfolio.
E I Du Pont De Nemours And Co opened for trading at $67.54 and hit $67.98 on the upside on Wednesday, eventually ending the session at $67.68, with a gain of 0.28% or 0.19 points. The heightened volatility saw the trading volume jump to 16,25,012 shares. Company has a market cap of $59,119 M.
On the company’s financial health, E I Du Pont De Nemours And Co reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $0.26. The company had revenue of $5299.00 million for the quarter, compared to analysts expectations of $5312.69 million. The company’s revenue was down -9.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.71 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 Downgraded by JP Morgan to ” Neutral” on Jun 28, 2016. E I Du Pont De Nemours And Co was Downgraded by Credit Agricole to ” Underperform” on Apr 27, 2016. Company shares were Reiterated by RBC Capital Mkts on Apr 27, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 71 from a previous price target of $62 .
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.