Avestar Capital LLC Has $263,000 Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Avestar Capital LLC lifted its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 22.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,455 shares of the basic materials company’s stock after purchasing an additional 632 shares during the quarter. Avestar Capital LLC’s holdings in DuPont de Nemours were worth $263,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DD. Hager Investment Management Services LLC acquired a new stake in shares of DuPont de Nemours during the 4th quarter worth $26,000. Byrne Asset Management LLC acquired a new stake in DuPont de Nemours in the fourth quarter valued at about $29,000. Golden State Wealth Management LLC acquired a new stake in DuPont de Nemours in the fourth quarter valued at about $33,000. R Squared Ltd acquired a new stake in DuPont de Nemours in the fourth quarter valued at about $37,000. Finally, Ashton Thomas Securities LLC acquired a new stake in DuPont de Nemours in the third quarter valued at about $38,000. 73.96% of the stock is owned by institutional investors and hedge funds.

DuPont de Nemours Price Performance

Shares of DD opened at $83.31 on Friday. DuPont de Nemours, Inc. has a 1 year low of $67.70 and a 1 year high of $90.06. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. The company has a market capitalization of $34.82 billion, a price-to-earnings ratio of 43.85, a price-to-earnings-growth ratio of 1.70 and a beta of 1.34. The business has a 50-day moving average of $77.59 and a 200-day moving average of $81.12.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (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%. As a group, equities research analysts anticipate that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DD. JPMorgan Chase & Co. reduced their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Morgan Stanley raised their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research note on Monday, October 21st. Wolfe Research raised DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a research note on Friday, January 17th. Wells Fargo & Company reduced their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Citigroup raised their price objective on DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $98.75.

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.