Kentucky Trust Co Takes $383,000 Position in DuPont de Nemours, Inc. (NYSE:DD)

Kentucky Trust Co bought a new stake in DuPont de Nemours, Inc. (NYSE:DD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,023 shares of the basic materials company’s stock, valued at approximately $383,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in DD. Hager Investment Management Services LLC purchased a new position in shares of DuPont de Nemours in the 4th quarter valued at approximately $26,000. Byrne Asset Management LLC purchased a new position in shares of DuPont de Nemours in the 4th quarter valued at approximately $29,000. Golden State Wealth Management LLC purchased a new position in shares of DuPont de Nemours in the 4th quarter valued at approximately $33,000. R Squared Ltd purchased a new position in shares of DuPont de Nemours in the 4th quarter valued at approximately $37,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of DuPont de Nemours in the 3rd quarter valued at approximately $38,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 6.8 %

DuPont de Nemours stock opened at $81.44 on Wednesday. The firm has a market cap of $34.04 billion, a price-to-earnings ratio of 42.86, a PEG ratio of 1.70 and a beta of 1.34. The stock has a fifty day simple moving average of $77.54 and a two-hundred day simple moving average of $81.08. DuPont de Nemours, Inc. has a 12 month low of $66.10 and a 12 month 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 (NYSE:DD) last posted its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. Equities analysts predict that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DD has been the subject of a number of research analyst reports. Royal Bank of Canada lowered their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Monday. Wells Fargo & Company raised their price objective on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a research report on Wednesday, November 6th. JPMorgan Chase & Co. reduced their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Citigroup reduced their price objective on DuPont de Nemours from $92.00 to $88.00 in a research report on Monday. Finally, Barclays raised their price objective on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.42.

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.