E I Du Pont De Nemours And Co (DD) : Philadelphia Trust Co reduced its stake in E I Du Pont De Nemours And Co by 3.72% during the most recent quarter end. The investment management company now holds a total of 494,013 shares of E I Du Pont De Nemours And Co which is valued at $31.1 Million after selling 19,073 shares in E I Du Pont De Nemours And Co , the firm said in a disclosure report filed with the SEC on May 13, 2016.E I Du Pont De Nemours And Co makes up approximately 2.68% of Philadelphia Trust Co’s portfolio.
Other Hedge Funds, Including , Ashford Capital Management Inc reduced its stake in DD by selling 530 shares or 6.81% in the most recent quarter. The Hedge Fund company now holds 7,251 shares of DD which is valued at $456,160. E I Du Pont De Nemours And Co makes up approx 0.11% of Ashford Capital Management Inc’s portfolio.Mirae Asset Global Investments Ltd. reduced its stake in DD by selling 5,050 shares or 26.33% in the most recent quarter. The Hedge Fund company now holds 14,129 shares of DD which is valued at $888,855. E I Du Pont De Nemours And Co makes up approx 0.02% of Mirae Asset Global Investments Ltd.’s portfolio. Omers Administration Corp sold out all of its stake in DD during the most recent quarter. The investment firm sold 64,400 shares of DD which is valued $4.1 Million.Wms Partners reduced its stake in DD by selling 632 shares or 13.0% in the most recent quarter. The Hedge Fund company now holds 4,230 shares of DD which is valued at $266,109. E I Du Pont De Nemours And Co makes up approx 0.04% of Wms Partners’s portfolio. Smith Salley Associates added DD to its portfolio by purchasing 66,269 company shares during the most recent quarter which is valued at $4.2 Million. E I Du Pont De Nemours And Co makes up approx 1.06% of Smith Salley Associates’s portfolio.
E I Du Pont De Nemours And Co opened for trading at $67.93 and hit $68.79 on the upside on Wednesday, eventually ending the session at $68.23, with a gain of 0.46% or 0.31 points. The heightened volatility saw the trading volume jump to 62,67,761 shares. Company has a market cap of $59,600 M.
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. E I Du Pont De Nemours And Co was Downgraded by Credit Agricole to ” Underperform” on Apr 27, 2016. Company shares were Reiterated by RBC Capital Mkts on Apr 27, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 71 from a previous price target of $62 .
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.