E I Du Pont De Nemours And Co (DD) Position Lifted by Biondo Investment Advisors LLC

Biondo Investment Advisors LLC increased its holdings in E I Du Pont De Nemours And Co (NYSE:DD) by 5.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 49,282 shares of the basic materials company’s stock after acquiring an additional 2,696 shares during the quarter. E I Du Pont De Nemours And makes up 1.2% of Biondo Investment Advisors LLC’s portfolio, making the stock its 25th biggest position. Biondo Investment Advisors LLC’s holdings in E I Du Pont De Nemours And were worth $3,996,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in DD. BlackRock Inc. lifted its stake in shares of E I Du Pont De Nemours And by 2,719.5% in the first quarter. BlackRock Inc. now owns 54,686,195 shares of the basic materials company’s stock worth $4,392,942,000 after acquiring an additional 52,746,611 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of E I Du Pont De Nemours And by 36.6% in the first quarter. JPMorgan Chase & Co. now owns 18,028,546 shares of the basic materials company’s stock worth $1,448,235,000 after acquiring an additional 4,825,726 shares in the last quarter. FMR LLC lifted its stake in shares of E I Du Pont De Nemours And by 5.9% in the first quarter. FMR LLC now owns 32,371,752 shares of the basic materials company’s stock worth $2,600,423,000 after acquiring an additional 1,813,187 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of E I Du Pont De Nemours And by 2.9% in the first quarter. Vanguard Group Inc. now owns 60,580,688 shares of the basic materials company’s stock worth $4,866,447,000 after acquiring an additional 1,685,604 shares in the last quarter. Finally, Pentwater Capital Management LP acquired a new position in shares of E I Du Pont De Nemours And in the first quarter worth about $128,528,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

In other news, SVP Benito Cachinero sold 10,621 shares of the stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $81.67, for a total transaction of $867,417.07. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Shares of E I Du Pont De Nemours And Co (NYSE DD) opened at $83.93 on Friday. The company has a current ratio of 1.93, a quick ratio of 1.46 and a debt-to-equity ratio of 0.82. E I Du Pont De Nemours And Co has a 1 year low of $66.02 and a 1 year high of $86.36.

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Several research firms recently commented on DD. BidaskClub upgraded E I Du Pont De Nemours And from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. 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 target on the stock in a research note on Tuesday, August 22nd. Jefferies Group LLC restated a “buy” rating and set a $96.00 price objective on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Finally, Morgan Stanley restated a “buy” rating and set a $77.00 price objective on shares of E I Du Pont De Nemours And in a research note on Wednesday, September 6th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $81.86.

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.

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Institutional Ownership by Quarter for E I Du Pont De Nemours And (NYSE:DD)

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