Procurement News Notice |
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| PNN | 3851 |
| Work Detail | E I Du Pont De Nemours And Co (DD) : State Farm Mutual Automobile Insurance Co reduced its stake in E I Du Pont De Nemours And Co by 0.51% during the most recent quarter end. The investment management company now holds a total of 7,006,266 shares of E I Du Pont De Nemours And Co which is valued at $474,043,958 after selling 36,269 shares in E I Du Pont De Nemours And Co , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.E I Du Pont De Nemours And Co makes up approximately 0.69% of State Farm Mutual Automobile Insurance Co’s portfolio. Other Hedge Funds, Including , Laurel Wealth Advisors boosted its stake in DD in the latest quarter, The investment management firm added 6,037 additional shares and now holds a total of 12,100 shares of E I Du Pont De Nemours And Co which is valued at $818,686. E I Du Pont De Nemours And Co makes up approx 0.39% of Laurel Wealth Advisors’s portfolio.Eaton Vance Management boosted its stake in DD in the latest quarter, The investment management firm added 7,342 additional shares and now holds a total of 895,728 shares of E I Du Pont De Nemours And Co which is valued at $61,796,275. E I Du Pont De Nemours And Co makes up approx 0.17% of Eaton Vance Management’s portfolio.Canal Capital Management reduced its stake in DD by selling 695 shares or 2.77% in the most recent quarter. The Hedge Fund company now holds 24,410 shares of DD which is valued at $1,684,046. E I Du Pont De Nemours And Co makes up approx 1.72% of Canal Capital Management’s portfolio.Her Majesty The Queen In Right Of The Province Of Alberta… reduced its stake in DD by selling 10,400 shares or 7.05% in the most recent quarter. The Hedge Fund company now holds 137,100 shares of DD which is valued at $9,447,561. E I Du Pont De Nemours And Co makes up approx 0.12% of Her Majesty The Queen In Right Of The Province Of Alberta…’s portfolio.Riggs Asset Managment boosted its stake in DD in the latest quarter, The investment management firm added 92 additional shares and now holds a total of 342 shares of E I Du Pont De Nemours And Co which is valued at $23,656. E I Du Pont De Nemours And Co makes up approx 0.01% of Riggs Asset Managment’s portfolio. E I Du Pont De Nemours And Co opened for trading at $70 and hit $70.9 on the upside on Tuesday, eventually ending the session at $70.44, with a gain of 0.70% or 0.49 points. The heightened volatility saw the trading volume jump to 44,37,543 shares. Company has a market cap of $61,587 M. On the company’s financial health, E I Du Pont De Nemours And Co reported $1.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $1.10. The company had revenue of $7061.00 million for the quarter, compared to analysts expectations of $6979.50 million. The company’s revenue was down -.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.18 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 JP Morgan to ” Neutral” on Jun 28, 2016. 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. |
| Country | United States , Northern America |
| Industry | Financial Services |
| Entry Date | 03 Sep 2016 |
| Source | http://www.themarketdigest.org/201608/state-farm-mutual-automobile-insurance-co-lowers-stake-in-e-i-du-pont-de-nemours-and-co-dd/3144764/ |
