Jamison Private Wealth Management Inc. Sells 581 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Jamison Private Wealth Management Inc. reduced its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 9.4% in the 4th quarter, HoldingsChannel reports. The firm owned 5,599 shares of the basic materials company’s stock after selling 581 shares during the period. Jamison Private Wealth Management Inc.’s holdings in DuPont de Nemours were worth $427,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its holdings in shares of DuPont de Nemours by 1,138.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 12,946 shares of the basic materials company’s stock worth $987,000 after buying an additional 11,901 shares in the last quarter. CX Institutional grew its position in DuPont de Nemours by 20.0% during the 4th quarter. CX Institutional now owns 4,259 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 710 shares during the last quarter. Encompass More Asset Management increased its holdings in DuPont de Nemours by 29.3% during the 4th quarter. Encompass More Asset Management now owns 4,615 shares of the basic materials company’s stock valued at $352,000 after purchasing an additional 1,045 shares in the last quarter. St. Johns Investment Management Company LLC raised its position in DuPont de Nemours by 2.7% in the 4th quarter. St. Johns Investment Management Company LLC now owns 10,541 shares of the basic materials company’s stock valued at $804,000 after purchasing an additional 281 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its stake in DuPont de Nemours by 28.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,327 shares of the basic materials company’s stock worth $101,000 after purchasing an additional 293 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

Shares of NYSE:DD opened at $77.28 on Friday. The firm’s 50 day simple moving average is $79.02 and its 200 day simple moving average is $81.36. DuPont de Nemours, Inc. has a fifty-two week low of $61.14 and a fifty-two week high of $90.06. The company has a market capitalization of $32.30 billion, a price-to-earnings ratio of 40.67, a P/E/G ratio of 1.70 and a beta of 1.35. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, topping 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 company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same period last year, the business posted $0.92 earnings per share. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, sell-side analysts forecast that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on DD. BMO Capital Markets cut their price target on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday, January 16th. Citigroup dropped their target price on shares of DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. JPMorgan Chase & Co. decreased their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Wells Fargo & Company upped their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. Finally, Barclays lifted their target price on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.