Good Life Advisors LLC Has $554,000 Position in DuPont de Nemours, Inc. (NYSE:DD)

Good Life Advisors LLC lessened its position in DuPont de Nemours, Inc. (NYSE:DD) by 9.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,265 shares of the basic materials company’s stock after selling 771 shares during the quarter. Good Life Advisors LLC’s holdings in DuPont de Nemours were worth $554,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Hager Investment Management Services LLC bought a new stake in DuPont de Nemours during the 4th quarter worth about $26,000. Byrne Asset Management LLC acquired a new stake in shares of DuPont de Nemours in the fourth quarter valued at about $29,000. Golden State Wealth Management LLC acquired a new stake in shares of DuPont de Nemours in the fourth quarter valued at about $33,000. R Squared Ltd bought a new stake in DuPont de Nemours during the fourth quarter worth about $37,000. Finally, Ashton Thomas Securities LLC acquired a new position in DuPont de Nemours during the third quarter valued at approximately $38,000. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Up 0.5 %

Shares of DD opened at $82.80 on Friday. The firm has a market cap of $34.62 billion, a P/E ratio of 49.58, a price-to-earnings-growth ratio of 2.19 and a beta of 1.34. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. DuPont de Nemours, Inc. has a 52 week low of $67.77 and a 52 week high of $90.06. The firm’s 50-day simple moving average is $77.67 and its 200 day simple moving average is $81.17.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. On average, analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on DD. Royal Bank of Canada lowered their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Barclays upgraded shares of DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $85.00 to $89.00 in a report on Thursday, February 13th. Wolfe Research upgraded shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a research note on Friday, January 17th. Citigroup lifted their price objective on shares of DuPont de Nemours from $88.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. dropped their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $98.75.

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.