E I Du Pont De Nemours And Co (DD) : Pensionfund Dsm Netherlands has sold out all of its stake in E I Du Pont De Nemours And Co during the most recent quarter, according to a report filed by the company on Apr 4, 2016 with the SEC. The investment management company has sold out 82,800 shares of E I Du Pont De Nemours And Co which is valued at $5.2 Million.
Other Hedge Funds, Including , Pensionfund Sabic sold out all of its stake in DD during the most recent quarter. The investment firm sold 40,400 shares of DD which is valued $2.6 Million.
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. Shares were Reiterated by Deutsche Bank on Jan 27, 2016 to “Buy” and Lowered the Price Target to $ 64 from a previous price target of $80 .Shares were Reiterated by Barclays on Jan 27, 2016 to “Equal Weight” and Lowered the Price Target to $ 54 from a previous price target of $62 .Shares were Reiterated by RBC Capital Mkts on Jan 27, 2016 to “Sector Perform” and Lowered the Price Target to $ 57 from a previous price target of $63 .
E I Du Pont De Nemours And Co opened for trading at $63.34 and hit $63.87 on the upside on Monday, eventually ending the session at $63.22, with a gain of 0.03% or 0.02 points. The heightened volatility saw the trading volume jump to 17,04,209 shares. Company has a market cap of $55,108 M.
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.