Ropes Wealth Advisors LLC Sells 2,741 Shares of E I Du Pont De Nemours And Co (DD)

Ropes Wealth Advisors LLC reduced its stake in shares of E I Du Pont De Nemours And Co (NYSE:DD) by 4.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,966 shares of the basic materials company’s stock after selling 2,741 shares during the period. E I Du Pont De Nemours And accounts for about 1.3% of Ropes Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding. Ropes Wealth Advisors LLC’s holdings in E I Du Pont De Nemours And were worth $4,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Reilly Financial Advisors LLC lifted its holdings in E I Du Pont De Nemours And by 61.1% in the second quarter. Reilly Financial Advisors LLC now owns 1,319 shares of the basic materials company’s stock valued at $106,000 after acquiring an additional 500 shares during the last quarter. Invictus RG acquired a new position in E I Du Pont De Nemours And in the first quarter valued at approximately $116,000. Rockefeller Financial Services Inc. lifted its holdings in E I Du Pont De Nemours And by 24.5% in the second quarter. Rockefeller Financial Services Inc. now owns 1,685 shares of the basic materials company’s stock valued at $136,000 after acquiring an additional 332 shares during the last quarter. Franklin Parlapiano Turner & Welch LLC acquired a new position in E I Du Pont De Nemours And in the first quarter valued at approximately $142,000. Finally, Pathstone Family Office LLC acquired a new position in E I Du Pont De Nemours And in the first quarter valued at approximately $145,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

A number of research firms recently commented on DD. Zacks Investment Research upgraded E I Du Pont De Nemours And from a “hold” rating to a “buy” rating and set a $92.00 price objective on the stock in a report on Tuesday, August 22nd. BidaskClub cut E I Du Pont De Nemours And from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Morgan Stanley restated a “buy” rating and set a $77.00 price target on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Finally, Jefferies Group LLC restated a “buy” rating and set a $96.00 price target on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $81.86.

Shares of E I Du Pont De Nemours And Co (DD) opened at $83.93 on Wednesday. E I Du Pont De Nemours And Co has a 12-month low of $66.02 and a 12-month high of $86.36. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.46 and a current ratio of 1.93.

In other news, SVP Benito Cachinero sold 10,621 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $81.67, for a total transaction of $867,417.07. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.31% of the stock is currently owned by corporate insiders.

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E I Du Pont De Nemours And 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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