Stock Yards Bank & Trust Co. Has $1.08 Million Position in E I Du Pont De Nemours And Co (DD)

Stock Yards Bank & Trust Co. lessened its stake in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 0.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,386 shares of the basic materials company’s stock after selling 80 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in E I Du Pont De Nemours And were worth $1,081,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Financial Architects Inc lifted its position in shares of E I Du Pont De Nemours And by 18.2% during the 1st quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock worth $103,000 after buying an additional 199 shares during the period. Acrospire Investment Management LLC bought a new position in shares of E I Du Pont De Nemours And during the 1st quarter worth approximately $104,000. Invictus RG bought a new position in shares of E I Du Pont De Nemours And during the 1st quarter worth approximately $116,000. Signature Estate & Investment Advisors LLC bought a new position in shares of E I Du Pont De Nemours And during the 1st quarter worth approximately $125,000. Finally, Benjamin F. Edwards & Company Inc. lifted its position in shares of E I Du Pont De Nemours And by 6.8% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,680 shares of the basic materials company’s stock worth $135,000 after buying an additional 107 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Shares of E I Du Pont De Nemours And Co (NYSE:DD) remained flat at $83.93 during trading on Friday. 34,861,021 shares of the company’s stock were exchanged. The stock has a market cap of $72.83 billion, a P/E ratio of 32.79 and a beta of 1.76. The company’s 50-day moving average is $82.87 and its 200-day moving average is $80.79. E I Du Pont De Nemours And Co has a 12-month low of $66.02 and a 12-month high of $86.36.

E I Du Pont De Nemours And (NYSE:DD) last released its earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.09. E I Du Pont De Nemours And had a return on equity of 29.17% and a net margin of 11.57%. The firm had revenue of $7.42 billion during the quarter, compared to analysts’ expectations of $7.28 billion. During the same period in the prior year, the company earned $1.24 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Equities research analysts predict that E I Du Pont De Nemours And Co will post $3.85 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, July 31st will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, July 27th. E I Du Pont De Nemours And’s payout ratio is presently 59.38%.

In other E I Du Pont De Nemours And news, SVP Benito Cachinero sold 10,621 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was 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 corporate insiders.

DD has been the subject of several analyst reports. Zacks Investment Research downgraded E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Morgan Stanley restated a “buy” rating and set a $77.00 target price on shares of E I Du Pont De Nemours And in a research report on Wednesday, September 6th. Jefferies Group LLC restated a “buy” rating and set a $96.00 target price on shares of E I Du Pont De Nemours And in a research report on Tuesday, August 29th. Finally, BidaskClub downgraded E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $80.89.

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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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