Lau Associates Lowers stake in E I Du Pont De Nemours And Co (DD)

E I Du Pont De Nemours And Co (DD) : Lau Associates reduced its stake in E I Du Pont De Nemours And Co by 1.27% during the most recent quarter end. The investment management company now holds a total of 77,815 shares of E I Du Pont De Nemours And Co which is valued at $5,078,985 after selling 1,000 shares in E I Du Pont De Nemours And Co , the firm said in a disclosure report filed with the SEC on Apr 11, 2016.E I Du Pont De Nemours And Co makes up approximately 5.17% of Lau Associates’s portfolio.

E I Du Pont De Nemours And Co opened for trading at $65.21 and hit $65.52 on the upside on Friday, eventually ending the session at $65.27, with a gain of 0.14% or 0.09 points. The heightened volatility saw the trading volume jump to 27,52,638 shares. Company has a market cap of $56,895 M.

Other Hedge Funds, Including , Central Trust Co reduced its stake in DD by selling 1,292 shares or 2.12% in the most recent quarter. The Hedge Fund company now holds 59,684 shares of DD which is valued at $3,895,575. E I Du Pont De Nemours And Co makes up approx 0.30% of Central Trust Co’s portfolio.Creative Planning reduced its stake in DD by selling 2,041 shares or 3.62% in the most recent quarter. The Hedge Fund company now holds 54,269 shares of DD which is valued at $3,430,886. E I Du Pont De Nemours And Co makes up approx 0.03% of Creative Planning’s portfolio.Charter Trust Co reduced its stake in DD by selling 550 shares or 0.22% in the most recent quarter. The Hedge Fund company now holds 253,653 shares of DD which is valued at $16,035,943. E I Du Pont De Nemours And Co makes up approx 1.97% of Charter Trust Co’s portfolio.Greylin Investment Mangement Inc reduced its stake in DD by selling 450 shares or 2.26% in the most recent quarter. The Hedge Fund company now holds 19,485 shares of DD which is valued at $1,231,842. E I Du Pont De Nemours And Co makes up approx 0.29% of Greylin Investment Mangement Inc’s portfolio.Catawba Capital Management Va boosted its stake in DD in the latest quarter, The investment management firm added 145 additional shares and now holds a total of 87,423 shares of E I Du Pont De Nemours And Co which is valued at $5,526,882. E I Du Pont De Nemours And Co makes up approx 1.42% of Catawba Capital Management Va’s portfolio.

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 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.

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