Ausdal Financial Partners Inc. reduced its position in shares of DuPont Co. (NYSE:DD) by 3.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,127 shares of the company’s stock after selling 207 shares during the period. Ausdal Financial Partners Inc.’s holdings in DuPont were worth $397,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in DD. Integrated Investment Consultants LLC increased its position in DuPont by 10.3% in the second quarter. Integrated Investment Consultants LLC now owns 2,050 shares of the company’s stock valued at $133,000 after buying an additional 191 shares during the period. Signaturefd LLC increased its position in DuPont by 30.4% in the second quarter. Signaturefd LLC now owns 2,973 shares of the company’s stock valued at $193,000 after buying an additional 693 shares during the period. CrestPoint Capital Management LLC purchased a new position in DuPont during the second quarter valued at about $201,000. Ariel Capital Advisors LLC purchased a new position in DuPont during the second quarter valued at about $201,000. Finally, Nicolet Bankshares Inc. purchased a new position in DuPont during the second quarter valued at about $209,000. 70.30% of the stock is owned by institutional investors.
DuPont Co. (NYSE:DD) traded down 0.52% during trading on Monday, reaching $68.67. The company had a trading volume of 1,123,865 shares. The company has a market capitalization of $60.04 billion, a P/E ratio of 27.32 and a beta of 1.78. DuPont Co. has a 12 month low of $50.71 and a 12 month high of $75.72. The stock has a 50 day moving average of $68.20 and a 200-day moving average of $66.85.
DuPont (NYSE:DD) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $1.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.10 by $0.14. DuPont had a return on equity of 24.59% and a net margin of 9.01%. The company earned $7.10 billion during the quarter, compared to the consensus estimate of $7.01 billion. During the same period last year, the business earned $1.18 EPS. The business’s quarterly revenue was down .8% on a year-over-year basis. Equities research analysts expect that DuPont Co. will post $3.19 EPS for the current fiscal year.
Several brokerages recently weighed in on DD. Barclays PLC boosted their target price on shares of DuPont from $67.00 to $70.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 27th. Vetr raised shares of DuPont from a “strong sell” rating to a “sell” rating and set a $64.60 target price for the company in a research note on Tuesday, July 26th. TheStreet downgraded shares of DuPont from a “buy” rating to a “hold” rating in a research note on Tuesday, July 26th. Deutsche Bank AG boosted their target price on shares of DuPont from $55.00 to $56.00 and gave the company a “sell” rating in a research note on Friday, August 12th. Finally, Macquarie set a $71.00 target price on shares of DuPont and gave the company a “neutral” rating in a research note on Thursday, July 21st. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $70.73.
In other news, insider James C. Jr. Collins sold 50,316 shares of the firm’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $70.30, for a total transaction of $3,537,214.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Benito Cachinero sold 58,958 shares of the stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of $70.36, for a total value of $4,148,284.88. The disclosure for this sale can be found here. Insiders own 0.31% of the company’s stock.
E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Company consists of over 10 businesses aggregated into six segments: Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. Its products include corn hybrids and soybean varieties, herbicides, fungicides and insecticides in Agriculture segment; photopolymers and electronic materials in Electronics & Communications segment; enzymes and bio-based materials in Industrial Biosciences segment; cultures, emulsifiers, texturants, natural sweeteners and soy-based food ingredients in Nutrition & Health segment; engineering polymers, packaging and industrial polymers, films and elastomers in Performance Materials segment, and nonwovens, aramids and solid surfaces in Safety & Protection segment.
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