Bleakley Financial Group LLC Sells 401 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Bleakley Financial Group LLC decreased its stake in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,381 shares of the basic materials company’s stock after selling 401 shares during the period. Bleakley Financial Group LLC’s holdings in DuPont de Nemours were worth $639,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hager Investment Management Services LLC acquired a new position in DuPont de Nemours in the 4th quarter worth $26,000. R Squared Ltd bought a new stake in shares of DuPont de Nemours in the fourth quarter valued at about $37,000. Ashton Thomas Securities LLC acquired a new position in shares of DuPont de Nemours during the third quarter worth about $38,000. FSA Wealth Management LLC bought a new position in shares of DuPont de Nemours during the third quarter worth about $39,000. Finally, True Wealth Design LLC raised its position in DuPont de Nemours by 2,378.9% in the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock valued at $42,000 after buying an additional 452 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Price Performance

Shares of NYSE DD opened at $75.76 on Monday. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average price is $77.72 and its two-hundred day moving average price is $81.09. The company has a market cap of $31.66 billion, a PE ratio of 39.87, a price-to-earnings-growth ratio of 1.70 and a beta of 1.34. DuPont de Nemours, Inc. has a twelve month low of $65.93 and a twelve month high of $90.06.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on DD shares. Royal Bank of Canada upped their price target on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Barclays increased their target price on shares of DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. BMO Capital Markets lowered their price target on shares of 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. Wells Fargo & Company increased their price objective on shares of DuPont de Nemours from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Finally, Citigroup lowered their target price on 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 investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $98.00.

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.