SeaCrest Wealth Management LLC Purchases 842 Shares of DuPont de Nemours, Inc. (NYSE:DD)

SeaCrest Wealth Management LLC boosted its position in DuPont de Nemours, Inc. (NYSE:DD) by 8.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,354 shares of the basic materials company’s stock after purchasing an additional 842 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in DuPont de Nemours were worth $789,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fortitude Family Office LLC increased its stake in shares of DuPont de Nemours by 32.0% in the 3rd quarter. Fortitude Family Office LLC now owns 544 shares of the basic materials company’s stock worth $48,000 after acquiring an additional 132 shares in the last quarter. Focus Financial Network Inc. increased its stake in shares of DuPont de Nemours by 3.7% during the third quarter. Focus Financial Network Inc. now owns 3,973 shares of the basic materials company’s stock valued at $354,000 after purchasing an additional 143 shares in the last quarter. Busey Bank grew its stake in shares of DuPont de Nemours by 4.7% in the 3rd quarter. Busey Bank now owns 3,243 shares of the basic materials company’s stock worth $289,000 after buying an additional 145 shares during the last quarter. GHP Investment Advisors Inc. grew its stake in shares of DuPont de Nemours by 15.7% in the third quarter. GHP Investment Advisors Inc. now owns 1,104 shares of the basic materials company’s stock worth $98,000 after acquiring an additional 150 shares during the last quarter. Finally, Rathbones Group PLC raised its position in shares of DuPont de Nemours by 2.9% in the 2nd quarter. Rathbones Group PLC now owns 5,316 shares of the basic materials company’s stock worth $428,000 after purchasing an additional 151 shares during the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

NYSE DD opened at $76.31 on Thursday. The company has a 50-day moving average price of $80.02 and a 200-day moving average price of $81.47. DuPont de Nemours, Inc. has a 52 week low of $61.14 and a 52 week high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $31.89 billion, a P/E ratio of 40.16, a PEG ratio of 1.95 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 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. The business 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%. The firm’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.92 earnings per share. Equities research analysts anticipate that DuPont de Nemours, Inc. will post 3.89 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. StockNews.com lowered shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Monday. Morgan Stanley boosted 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 report on Monday, October 21st. Barclays increased 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. Wells Fargo & Company boosted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Finally, Citigroup dropped their price objective 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. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average price target of $96.33.

About DuPont de Nemours

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.