E I Du Pont De Nemours And Co (DD) : Mechanics Bank Trust Department reduced its stake in E I Du Pont De Nemours And Co by 8.37% during the most recent quarter end. The investment management company now holds a total of 9,656 shares of E I Du Pont De Nemours And Co which is valued at $637,006 after selling 882 shares in E I Du Pont De Nemours And Co , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.E I Du Pont De Nemours And Co makes up approximately 0.24% of Mechanics Bank Trust Department’s portfolio.
E I Du Pont De Nemours And Co closed down -0.08 points or -0.12% at $67.47 with 24,93,599 shares getting traded on Wednesday. Post opening the session at $67.44, the shares hit an intraday low of $66.86 and an intraday high of $67.79 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Old Second National Bank Of Aurora reduced its stake in DD by selling 10,041 shares or 75.91% in the most recent quarter. The Hedge Fund company now holds 3,186 shares of DD which is valued at $210,180. E I Du Pont De Nemours And Co makes up approx 0.10% of Old Second National Bank Of Aurora’s portfolio.Yhb Investment Advisors reduced its stake in DD by selling 16,275 shares or 59.13% in the most recent quarter. The Hedge Fund company now holds 11,248 shares of DD which is valued at $742,031. E I Du Pont De Nemours And Co makes up approx 0.20% of Yhb Investment Advisors’s portfolio. Hoertkorn Richard Charles sold out all of its stake in DD during the most recent quarter. The investment firm sold 18,122 shares of DD which is valued $1,182,823.Capstone Asset Management Co boosted its stake in DD in the latest quarter, The investment management firm added 15,135 additional shares and now holds a total of 79,327 shares of E I Du Pont De Nemours And Co which is valued at $5,177,673. E I Du Pont De Nemours And Co makes up approx 0.15% of Capstone Asset Management Co’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. 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 .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 .
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.