BSW Wealth Partners Sells 247 Shares of DuPont de Nemours, Inc. (NYSE:DD)

BSW Wealth Partners lessened its position in DuPont de Nemours, Inc. (NYSE:DD) by 5.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,924 shares of the basic materials company’s stock after selling 247 shares during the period. BSW Wealth Partners’ holdings in DuPont de Nemours were worth $299,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Stonegate Investment Group LLC grew its position in shares of DuPont de Nemours by 15.6% in the 4th quarter. Stonegate Investment Group LLC now owns 7,085 shares of the basic materials company’s stock valued at $540,000 after purchasing an additional 956 shares during the period. Perigon Wealth Management LLC lifted its stake in DuPont de Nemours by 7.3% in the fourth quarter. Perigon Wealth Management LLC now owns 11,390 shares of the basic materials company’s stock valued at $873,000 after buying an additional 779 shares in the last quarter. Lebenthal Global Advisors LLC boosted its holdings in shares of DuPont de Nemours by 11.5% in the fourth quarter. Lebenthal Global Advisors LLC now owns 8,516 shares of the basic materials company’s stock valued at $649,000 after buying an additional 879 shares during the period. Foundations Investment Advisors LLC increased its position in shares of DuPont de Nemours by 10.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 5,365 shares of the basic materials company’s stock worth $409,000 after acquiring an additional 528 shares in the last quarter. Finally, Cornerstone Wealth Group LLC raised its holdings in shares of DuPont de Nemours by 17.8% during the fourth quarter. Cornerstone Wealth Group LLC now owns 3,682 shares of the basic materials company’s stock worth $281,000 after acquiring an additional 557 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Trading Up 0.2 %

Shares of NYSE:DD opened at $76.48 on Thursday. The company has a 50-day simple moving average of $78.71 and a 200 day simple moving average of $81.28. The company has a market capitalization of $31.97 billion, a P/E ratio of 40.25, a price-to-earnings-growth ratio of 1.70 and a beta of 1.35. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. DuPont de Nemours, Inc. has a 52-week low of $61.14 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the company posted $0.92 EPS. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. Sell-side analysts forecast that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Analysts Set New Price Targets

DD has been the subject of a number of research reports. Royal Bank of Canada increased their target price on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Morgan Stanley increased their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price on the stock in a research note on Friday, January 17th. JPMorgan Chase & Co. decreased their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Finally, Citigroup cut their price objective on shares of 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. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

DuPont de Nemours 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.