Northern Financial Advisors Inc Cuts Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Northern Financial Advisors Inc lowered its stake in DuPont de Nemours, Inc. (NYSE:DD) by 12.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,367 shares of the basic materials company’s stock after selling 1,795 shares during the period. Northern Financial Advisors Inc’s holdings in DuPont de Nemours were worth $943,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of DD. Bogart Wealth LLC raised its holdings in DuPont de Nemours by 51.6% during the 4th quarter. Bogart Wealth LLC now owns 1,739 shares of the basic materials company’s stock valued at $133,000 after buying an additional 592 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in shares of DuPont de Nemours by 1.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 164,037 shares of the basic materials company’s stock valued at $12,570,000 after acquiring an additional 1,581 shares during the last quarter. Aljian Capital Management LLC boosted its holdings in shares of DuPont de Nemours by 11.2% during the fourth quarter. Aljian Capital Management LLC now owns 8,089 shares of the basic materials company’s stock worth $617,000 after purchasing an additional 814 shares during the period. Avestar Capital LLC grew its stake in shares of DuPont de Nemours by 22.4% in the fourth quarter. Avestar Capital LLC now owns 3,455 shares of the basic materials company’s stock worth $263,000 after purchasing an additional 632 shares during the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of DuPont de Nemours by 29.2% in the fourth quarter. Van ECK Associates Corp now owns 81,514 shares of the basic materials company’s stock worth $6,215,000 after purchasing an additional 18,401 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on DD. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a report on Friday, January 17th. Citigroup raised their price target on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday. Morgan Stanley boosted their price objective on shares of DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research report on Monday, October 21st. BMO Capital Markets raised their target price on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, StockNews.com lowered shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Wednesday. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus target price of $98.75.

DuPont de Nemours Price Performance

DD stock opened at $84.20 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. The firm has a market capitalization of $35.19 billion, a price-to-earnings ratio of 44.31, a PEG ratio of 1.70 and a beta of 1.34. The firm has a 50 day moving average price of $77.58 and a 200-day moving average price of $81.11. DuPont de Nemours, Inc. has a 52-week low of $66.60 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping the consensus estimate 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 research analysts forecast that DuPont de Nemours, Inc. will post 3.91 EPS for the current fiscal year.

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.