Charter Trust Co. Sells 1,656 Shares of E I Du Pont De Nemours And Co (DD)

Charter Trust Co. trimmed its stake in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 0.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 246,768 shares of the basic materials company’s stock after selling 1,656 shares during the period. E I Du Pont De Nemours And accounts for 2.4% of Charter Trust Co.’s holdings, making the stock its 10th biggest position. Charter Trust Co.’s holdings in E I Du Pont De Nemours And were worth $19,917,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in 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. BlackRock Inc. lifted its holdings in 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. FMR LLC lifted its holdings in 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. JPMorgan Chase & Co. lifted its holdings in 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. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in E I Du Pont De Nemours And by 15.9% during the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 9,343,994 shares of the basic materials company’s stock valued at $750,603,000 after purchasing an additional 1,281,358 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

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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 dated Thursday, August 17th. The shares were sold at an average price of $81.67, for a total value of $867,417.07. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

E I Du Pont De Nemours And Co (DD) remained flat at $83.93 during midday trading on Friday. The stock had a trading volume of 34,861,021 shares. 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 firm has a market capitalization of $72.83 billion, a price-to-earnings ratio of 32.79 and a beta of 1.76. The stock has a 50 day moving average price of $82.87 and a 200-day moving average price of $80.79.

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 (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.09. The company had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.28 billion. E I Du Pont De Nemours And had a net margin of 11.57% and a return on equity of 29.17%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.24 EPS. On average, equities research analysts forecast that E I Du Pont De Nemours And Co will post $3.85 EPS for the current year.

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

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

About E I Du Pont De Nemours And

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.

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

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