Somerset Group LLC Has $242,000 Position in E I Du Pont De Nemours And Co (DD)

Somerset Group LLC continued to hold its stake in shares of E I Du Pont De Nemours And Co (NYSE:DD) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,000 shares of the basic materials company’s stock at the close of the 2nd quarter. Somerset Group LLC’s holdings in E I Du Pont De Nemours And were worth $242,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Acrospire Investment Management LLC acquired a new stake in shares of E I Du Pont De Nemours And in the 1st quarter valued at $104,000. Reilly Financial Advisors LLC boosted its stake in shares of E I Du Pont De Nemours And by 61.1% in the 2nd quarter. Reilly Financial Advisors LLC now owns 1,319 shares of the basic materials company’s stock valued at $106,000 after purchasing an additional 500 shares in the last quarter. Invictus RG acquired a new stake in shares of E I Du Pont De Nemours And in the 1st quarter valued at $116,000. Benjamin F. Edwards & Company Inc. boosted its stake in shares of E I Du Pont De Nemours And by 6.8% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,680 shares of the basic materials company’s stock valued at $135,000 after purchasing an additional 107 shares in the last quarter. Finally, Rockefeller Financial Services Inc. boosted its stake in shares of E I Du Pont De Nemours And by 24.5% in the 2nd quarter. Rockefeller Financial Services Inc. now owns 1,685 shares of the basic materials company’s stock valued at $136,000 after purchasing an additional 332 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

DD has been the topic of several recent analyst reports. BidaskClub upgraded shares of E I Du Pont De Nemours And from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Zacks Investment Research downgraded shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Jefferies Group LLC restated a “buy” rating and issued a $96.00 target price on shares of E I Du Pont De Nemours And in a research note on Tuesday, August 29th. Finally, Morgan Stanley reiterated a “buy” rating and set a $77.00 price target on shares of E I Du Pont De Nemours And in a research report on Wednesday, September 6th. Six analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $81.47.

In other E I Du Pont De Nemours And news, SVP Benito Cachinero sold 10,621 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $81.67, for a total value of $867,417.07. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.31% of the stock is currently owned by insiders.

E I Du Pont De Nemours And (NYSE:DD) last posted its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.09. The company had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.28 billion. E I Du Pont De Nemours And had a return on equity of 29.17% and a net margin of 11.57%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.24 earnings per share.

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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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