Plimoth Trust Co. LLC Sells 235 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Plimoth Trust Co. LLC decreased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,512 shares of the basic materials company’s stock after selling 235 shares during the period. Plimoth Trust Co. LLC’s holdings in DuPont de Nemours were worth $573,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of DuPont de Nemours in the second quarter worth about $27,000. Quarry LP bought a new stake in shares of DuPont de Nemours in the 2nd quarter valued at approximately $37,000. R Squared Ltd bought a new stake in shares of DuPont de Nemours in the 4th quarter valued at approximately $37,000. Ashton Thomas Securities LLC bought a new stake in shares of DuPont de Nemours in the 3rd quarter valued at approximately $38,000. Finally, FSA Wealth Management LLC bought a new stake in shares of DuPont de Nemours during the 3rd quarter worth approximately $39,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of DD stock traded up $0.01 on Wednesday, hitting $76.34. The company had a trading volume of 116,506 shares, compared to its average volume of 2,188,733. The firm has a market cap of $31.90 billion, a P/E ratio of 40.21, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35. The company has a 50-day moving average price of $78.81 and a 200-day moving average price of $81.31. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. 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 released its quarterly 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 during the quarter, compared to analysts’ expectations of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. DuPont de Nemours’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 EPS. As a group, equities research analysts predict that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Barclays raised their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Wells Fargo & Company lifted their price target on DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. StockNews.com upgraded DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target on the stock in a report on Friday, January 17th. Finally, BMO Capital Markets dropped their target price on DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, January 16th. 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. According to data from MarketBeat, the company 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.