Hall Laurie J Trustee Lowers Stake in DuPont de Nemours, Inc. (NYSE:DD)

Hall Laurie J Trustee decreased its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 6.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,620 shares of the basic materials company’s stock after selling 184 shares during the quarter. Hall Laurie J Trustee’s holdings in DuPont de Nemours were worth $200,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of DD. Strategic Investment Solutions Inc. IL purchased a new position in shares of DuPont de Nemours during the 2nd quarter worth $27,000. Quarry LP purchased a new position in DuPont de Nemours during the second quarter worth about $37,000. Ashton Thomas Securities LLC purchased a new position in DuPont de Nemours during the third quarter worth about $38,000. FSA Wealth Management LLC acquired a new stake in DuPont de Nemours in the 3rd quarter worth about $39,000. Finally, True Wealth Design LLC increased its stake in shares of DuPont de Nemours by 2,378.9% during the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock valued at $42,000 after acquiring an additional 452 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $77.50 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. DuPont de Nemours, Inc. has a one year low of $61.14 and a one year high of $90.06. The stock’s 50 day moving average price is $79.53 and its 200 day moving average price is $81.42. The firm has a market capitalization of $32.39 billion, a PE ratio of 40.79, a price-to-earnings-growth ratio of 1.53 and a beta of 1.35.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the firm earned $0.92 earnings per share. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, sell-side analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Royal Bank of Canada raised their target price on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. lowered their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Citigroup cut their target price on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, December 18th. Wells Fargo & Company boosted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research report on Wednesday, November 6th. Finally, StockNews.com downgraded DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $98.00.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.