BDF Gestion Lowers Holdings in DuPont de Nemours, Inc. (NYSE:DD)

BDF Gestion trimmed its position in DuPont de Nemours, Inc. (NYSE:DD) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,718 shares of the basic materials company’s stock after selling 3,731 shares during the period. BDF Gestion’s holdings in DuPont de Nemours were worth $2,190,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DD. Strategic Investment Solutions Inc. IL purchased a new stake in shares of DuPont de Nemours during the 2nd quarter worth $27,000. Quarry LP purchased a new stake in shares of DuPont de Nemours during the 2nd quarter worth $37,000. R Squared Ltd purchased a new stake in shares of DuPont de Nemours during the 4th quarter worth $37,000. Ashton Thomas Securities LLC purchased a new stake in shares of DuPont de Nemours during the 3rd quarter worth $38,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of DuPont de Nemours during the 3rd quarter worth $39,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on DD. BMO Capital Markets decreased their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, January 16th. StockNews.com upgraded shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. Citigroup decreased their price objective on shares of 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. Royal Bank of Canada raised their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, Morgan Stanley raised their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $98.00.

DuPont de Nemours Stock Up 0.2 %

DD stock opened at $76.48 on Thursday. The stock has a market capitalization of $31.97 billion, a P/E ratio of 40.25, a PEG ratio of 1.70 and a beta of 1.35. 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 company has a 50 day moving average price of $78.71 and a two-hundred day moving average price of $81.28.

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

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.