DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. lowered its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 31.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,623 shares of the basic materials company’s stock after selling 1,648 shares during the period. Newman Dignan & Sheerar Inc.’s holdings in DuPont de Nemours were worth $276,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in DD. Exchange Traded Concepts LLC increased its position in shares of DuPont de Nemours by 793.2% during the third quarter. Exchange Traded Concepts LLC now owns 1,045 shares of the basic materials company’s stock worth $93,000 after purchasing an additional 928 shares in the last quarter. Creative Planning grew its holdings in shares of DuPont de Nemours by 1.1% during the third quarter. Creative Planning now owns 105,327 shares of the basic materials company’s stock worth $9,386,000 after buying an additional 1,161 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of DuPont de Nemours by 2.9% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,261 shares of the basic materials company’s stock worth $5,281,000 after buying an additional 1,656 shares during the last quarter. V Square Quantitative Management LLC grew its holdings in shares of DuPont de Nemours by 23.1% during the third quarter. V Square Quantitative Management LLC now owns 5,363 shares of the basic materials company’s stock worth $478,000 after buying an additional 1,008 shares during the last quarter. Finally, Stratos Wealth Advisors LLC purchased a new position in shares of DuPont de Nemours during the third quarter worth about $248,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

Shares of DD opened at $83.31 on Friday. The stock’s 50 day moving average is $77.59 and its two-hundred day moving average is $81.13. DuPont de Nemours, Inc. has a twelve month low of $67.70 and a twelve month high of $90.06. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $34.82 billion, a PE ratio of 43.85, a P/E/G ratio of 1.70 and a beta of 1.34.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. Research analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on DD. Wells Fargo & Company lowered their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday. Morgan Stanley raised their price target on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. JPMorgan Chase & Co. lowered their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Barclays raised DuPont de Nemours from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $85.00 to $89.00 in a report on Thursday. Finally, Citigroup raised their price target on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, DuPont de Nemours currently has an average rating of “Moderate Buy” and an average price target of $98.75.

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.