Bleakley Financial Group LLC Sells 401 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Bleakley Financial Group LLC lessened its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,381 shares of the basic materials company’s stock after selling 401 shares during the period. Bleakley Financial Group LLC’s holdings in DuPont de Nemours were worth $639,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new stake in DuPont de Nemours during the 4th quarter worth approximately $26,000. Ashton Thomas Securities LLC bought a new position in DuPont de Nemours during the 3rd quarter worth $38,000. FSA Wealth Management LLC acquired a new stake in shares of DuPont de Nemours during the third quarter worth $39,000. True Wealth Design LLC boosted its position in shares of DuPont de Nemours by 2,378.9% in the third 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 period. Finally, R Squared Ltd acquired a new position in shares of DuPont de Nemours in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Royal Bank of Canada lifted 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. 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 research note on Thursday, January 16th. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. Morgan Stanley lifted their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Finally, Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target on the stock in a research report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours Trading Down 2.2 %

Shares of DuPont de Nemours stock opened at $75.76 on Monday. The firm’s 50 day moving average is $77.72 and its 200 day moving average is $81.09. The firm has a market capitalization of $31.66 billion, a PE ratio of 39.87, a price-to-earnings-growth ratio of 1.70 and a beta of 1.34. DuPont de Nemours, Inc. has a 1 year low of $65.93 and a 1 year 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.

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.