Ameritas Advisory Services LLC Trims Position in DuPont de Nemours, Inc. (NYSE:DD)

Ameritas Advisory Services LLC decreased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 5.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,869 shares of the basic materials company’s stock after selling 222 shares during the quarter. Ameritas Advisory Services LLC’s holdings in DuPont de Nemours were worth $295,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in DD. Strategic Investment Solutions Inc. IL bought a new position in DuPont de Nemours in the second quarter worth about $27,000. Quarry LP purchased a new position in shares of DuPont de Nemours during the 2nd quarter worth approximately $37,000. Ashton Thomas Securities LLC bought a new position in shares of DuPont de Nemours in the 3rd quarter worth approximately $38,000. FSA Wealth Management LLC purchased a new position in shares of DuPont de Nemours in the 3rd quarter valued at approximately $39,000. Finally, True Wealth Design LLC boosted its position in shares of DuPont de Nemours by 2,378.9% during the third quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 452 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Price Performance

DD stock opened at $78.17 on Friday. The stock has a market cap of $32.67 billion, a PE ratio of 41.14, a P/E/G ratio of 1.71 and a beta of 1.35. DuPont de Nemours, Inc. has a 12 month low of $61.14 and a 12 month high of $90.06. The company has a 50-day moving average price of $79.11 and a 200 day moving average price of $81.36. The company has a current ratio of 2.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29.

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Morgan Stanley increased their price target on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Monday, October 21st. Wells Fargo & Company lifted their target price on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. 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 research note on Friday, January 17th. Citigroup lowered their price objective on DuPont de Nemours from $98.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. Finally, BMO Capital Markets cut 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 MarketBeat.com, DuPont de Nemours presently has an average rating of “Moderate Buy” and a consensus price target 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.