Lucas Capital Management buys $3,756,398 stake in E I Du Pont De Nemours And Co (DD)

E I Du Pont De Nemours And Co (DD) : Lucas Capital Management scooped up 2,803 additional shares in E I Du Pont De Nemours And Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 19, 2016. The investment management firm now holds a total of 56,941 shares of E I Du Pont De Nemours And Co which is valued at $3,756,398.E I Du Pont De Nemours And Co makes up approximately 2.57% of Lucas Capital Management’s portfolio.

E I Du Pont De Nemours And Co opened for trading at $65.55 and hit $66.18 on the upside on Friday, eventually ending the session at $65.97, with a gain of 1.35% or 0.88 points. The heightened volatility saw the trading volume jump to 26,41,980 shares. Company has a market cap of $57,505 M.

Other Hedge Funds, Including , Oliver Luxxe Assets reduced its stake in DD by selling 3,484 shares or 43.51% in the most recent quarter. The Hedge Fund company now holds 4,524 shares of DD which is valued at $298,448. E I Du Pont De Nemours And Co makes up approx 0.30% of Oliver Luxxe Assets’s portfolio.Btr Capital Management Inc reduced its stake in DD by selling 4,348 shares or 15.65% in the most recent quarter. The Hedge Fund company now holds 23,442 shares of DD which is valued at $1,530,059. E I Du Pont De Nemours And Co makes up approx 0.35% of Btr Capital Management Inc’s portfolio. Donald L. Hagan added DD to its portfolio by purchasing 236 company shares during the most recent quarter which is valued at $15,404. E I Du Pont De Nemours And Co makes up approx 0.01% of Donald L. Hagan’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in DD in the latest quarter, The investment management firm added 6,587 additional shares and now holds a total of 152,730 shares of E I Du Pont De Nemours And Co which is valued at $9,968,687. E I Du Pont De Nemours And Co makes up approx 0.23% of Oregon Public Employees Retirement Fund’s portfolio.Independent Portfolio Consultants reduced its stake in DD by selling 165 shares or 17.63% in the most recent quarter. The Hedge Fund company now holds 771 shares of DD which is valued at $50,323. E I Du Pont De Nemours And Co makes up approx 0.01% of Independent Portfolio Consultants’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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