Mastrapasqua Asset Management Inc. Has $7.06 Million Stake in E.I. du Pont de Nemours and Company (NYSE:DD)

Mastrapasqua Asset Management Inc. lowered its stake in shares of E.I. du Pont de Nemours and Company (NYSE:DD) by 0.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,935 shares of the basic materials company’s stock after selling 450 shares during the period. E.I. du Pont de Nemours and accounts for 1.6% of Mastrapasqua Asset Management Inc.’s holdings, making the stock its 20th largest position. Mastrapasqua Asset Management Inc.’s holdings in E.I. du Pont de Nemours and were worth $7,064,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in DD. Financial Architects Inc boosted its position in shares of E.I. du Pont de Nemours and by 18.2% in the first quarter. Financial Architects Inc now owns 1,292 shares of the basic materials company’s stock valued at $103,000 after buying an additional 199 shares during the period. Acrospire Investment Management LLC purchased a new position in shares of E.I. du Pont de Nemours and during the first quarter valued at approximately $104,000. Signature Estate & Investment Advisors LLC purchased a new position in shares of E.I. du Pont de Nemours and during the first quarter valued at approximately $125,000. Benjamin F. Edwards & Company Inc. boosted its position in shares of E.I. du Pont de Nemours and by 6.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,680 shares of the basic materials company’s stock valued at $135,000 after buying an additional 107 shares during the period. Finally, Advantage Investment Management LLC boosted its position in shares of E.I. du Pont de Nemours and by 2.0% in the first quarter. Advantage Investment Management LLC now owns 1,705 shares of the basic materials company’s stock valued at $137,000 after buying an additional 33 shares during the period. Institutional investors own 71.23% of the company’s stock.

E.I. du Pont de Nemours and Company (NYSE:DD) opened at 80.97 on Friday. The company has a market cap of $70.27 billion, a PE ratio of 31.63 and a beta of 1.76. The stock’s 50 day moving average price is $82.68 and its 200 day moving average price is $80.21. E.I. du Pont de Nemours and Company has a 12-month low of $66.02 and a 12-month high of $86.36.

E.I. du Pont de Nemours and (NYSE:DD) last released its quarterly earnings results on Tuesday, July 25th. The basic materials company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.09. The firm had revenue of $7.42 billion for the quarter, compared to analysts’ expectations of $7.28 billion. E.I. du Pont de Nemours and had a return on equity of 31.23% and a net margin of 8.86%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.24 EPS. Equities research analysts anticipate that E.I. du Pont de Nemours and Company will post $3.91 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, July 31st will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.52 annualized dividend and a dividend yield of 1.88%. E.I. du Pont de Nemours and’s payout ratio is 59.38%.

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Several brokerages recently commented on DD. BidaskClub cut E.I. du Pont de Nemours and from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. Royal Bank Of Canada reissued a “sector perform” rating and set a $86.00 price objective (up from $78.00) on shares of E.I. du Pont de Nemours and in a report on Wednesday, April 26th. Deutsche Bank AG reissued a “buy” rating and set a $95.00 price objective (up from $90.00) on shares of E.I. du Pont de Nemours and in a report on Saturday, April 29th. Finally, Zacks Investment Research upgraded E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $91.00 target price for the company in a research note on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $81.15.

E.I. du Pont de Nemours and Company Profile

E. I. du Pont de Nemours and Company is a science and technology-based company. It operates through six segments: Agriculture, Electronics & Communications (E&C), Industrial Biosciences, Nutrition & Health, Performance Materials and Protection Solutions. Its Agriculture segment includes products, such as corn hybrids and soybean varieties, herbicides, fungicides and insecticides.

Institutional Ownership by Quarter for E.I. du Pont de Nemours and (NYSE:DD)

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