Lazard Asset Management LLC trimmed its stake in E I Du Pont De Nemours And Co (NYSE:DD) by 23.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 476,770 shares of the basic materials company’s stock after selling 143,525 shares during the period. Lazard Asset Management LLC owned about 0.05% of E I Du Pont De Nemours And worth $38,479,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Reilly Financial Advisors LLC increased 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 purchasing an additional 500 shares during the period. Invictus RG bought a new stake in E I Du Pont De Nemours And during the first quarter valued at $116,000. Rockefeller Financial Services Inc. boosted its position in E I Du Pont De Nemours And by 24.5% during 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 bought a new stake in E I Du Pont De Nemours And during the first quarter valued at $142,000. Finally, Pathstone Family Office LLC bought a new stake in E I Du Pont De Nemours And during the first quarter valued at $145,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

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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.

In other news, SVP Benito Cachinero sold 10,621 shares of the stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $81.67, for a total transaction of $867,417.07. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.31% of the stock is owned by corporate insiders.

A number of brokerages have commented on DD. Morgan Stanley reaffirmed 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. Zacks Investment Research cut shares of E I Du Pont De Nemours And from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Jefferies Group LLC reaffirmed a “buy” rating and set a $96.00 price target on shares of E I Du Pont De Nemours And in a research report on Tuesday, August 29th. Finally, BidaskClub raised shares of E I Du Pont De Nemours And from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $81.86.

About E I Du Pont De Nemours And

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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