Compass Wealth Management LLC Sells 356 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Compass Wealth Management LLC trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 10.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,095 shares of the basic materials company’s stock after selling 356 shares during the quarter. Compass Wealth Management LLC’s holdings in DuPont de Nemours were worth $236,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL acquired a new position in DuPont de Nemours during the 2nd quarter worth approximately $27,000. Quarry LP acquired a new position in DuPont de Nemours during the second quarter worth $37,000. Ashton Thomas Securities LLC bought a new position in DuPont de Nemours in the third quarter valued at $38,000. FSA Wealth Management LLC acquired a new stake in DuPont de Nemours in the 3rd quarter valued at $39,000. Finally, True Wealth Design LLC lifted its position in DuPont de Nemours by 2,378.9% during the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after buying an additional 452 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Down 1.2 %

DuPont de Nemours stock opened at $77.28 on Friday. The company’s 50-day moving average price is $79.02 and its two-hundred day moving average price is $81.34. 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 stock has a market cap of $32.30 billion, a P/E ratio of 40.67, a P/E/G ratio of 1.70 and a beta of 1.35. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $90.06.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DD shares. Barclays raised their price objective on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Citigroup lowered their price target 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. StockNews.com raised DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday. Wells Fargo & Company boosted their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. Finally, BMO Capital Markets cut their price target on shares of 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. 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 company. According to data from MarketBeat, DuPont de Nemours presently has a consensus rating of “Moderate Buy” and an average target price 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.