Fmr LLC Purchases 1,654,590 Shares of E I Du Pont De Nemours And Co (DD)

Fmr LLC lifted its holdings in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 5.1% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 34,026,342 shares of the basic materials company’s stock after acquiring an additional 1,654,590 shares during the period. Fmr LLC owned approximately 3.92% of E I Du Pont De Nemours And worth $2,746,266,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of E I Du Pont De Nemours And by 2.4% during the second quarter. Vanguard Group Inc. now owns 62,005,773 shares of the basic materials company’s stock worth $5,004,485,000 after acquiring an additional 1,425,085 shares during the last quarter. Biondo Investment Advisors LLC grew its stake in shares of E I Du Pont De Nemours And by 5.8% during the second quarter. Biondo Investment Advisors LLC now owns 49,282 shares of the basic materials company’s stock worth $3,996,000 after acquiring an additional 2,696 shares during the last quarter. Segment Wealth Management LLC grew its stake in shares of E I Du Pont De Nemours And by 30.3% during the second quarter. Segment Wealth Management LLC now owns 6,820 shares of the basic materials company’s stock worth $550,000 after acquiring an additional 1,586 shares during the last quarter. PagnatoKarp Partners LLC grew its stake in shares of E I Du Pont De Nemours And by 3.9% during the second quarter. PagnatoKarp Partners LLC now owns 8,173 shares of the basic materials company’s stock worth $660,000 after acquiring an additional 310 shares during the last quarter. Finally, Pinebridge Investments L.P. grew its stake in shares of E I Du Pont De Nemours And by 1,404.2% during the second quarter. Pinebridge Investments L.P. now owns 10,650 shares of the basic materials company’s stock worth $859,000 after acquiring an additional 9,942 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

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 that occurred on Thursday, August 17th. The stock was 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 is accessible through this link. Corporate insiders own 0.31% of the company’s stock.

A number of brokerages have recently weighed in on DD. Morgan Stanley restated a “buy” rating and set a $77.00 price target on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Zacks Investment Research lowered E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Jefferies Group LLC reiterated a “buy” rating and issued 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 upgraded E I Du Pont De Nemours And from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $81.86.

Shares of E I Du Pont De Nemours And Co (NYSE:DD) opened at $83.93 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.93 and a debt-to-equity ratio of 0.82. E I Du Pont De Nemours And Co has a 52-week low of $66.02 and a 52-week high of $86.36.

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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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