November 24, 2016 - By Ellis Scott · 0 Comments
Dupont E I De Nemours & Co (NYSE:DD) institutional sentiment increased to 0.8 in Q2 2016. Its up 0.14, from 0.66 in 2016Q1. The ratio has improved, as 356 investment managers opened new or increased holdings, while 537 cut down and sold stock positions in Dupont E I De Nemours & Co. The investment managers in our partner’s database now own: 608.14 million shares, down from 617.73 million shares in 2016Q1. Also, the number of investment managers holding Dupont E I De Nemours & Co in their top 10 holdings decreased from 20 to 17 for a decrease of 3. Sold All: 63 Reduced: 474 Increased: 289 New Position: 67.
E. I. du Pont de Nemours and Company is a science and technology company. The company has a market cap of $61.86 billion. The Firm consists of over 10 businesses aggregated into six divisions: Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. It has a 30.58 P/E ratio. The Company’s 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 materials in Industrial Biosciences segment; cultures, emulsifiers, texturants, natural sweeteners and soy 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.
The stock decreased 0.83% or $0.59 on November 23, hitting $70.32. About 3.14M shares traded hands or 8.28% up from the average. E I Du Pont De Nemours And Co (NYSE:DD) has risen 6.59% since April 22, 2016 and is uptrending. It has outperformed by 1.18% the S&P500.
Analysts await E I Du Pont De Nemours And Co (NYSE:DD) to report earnings on January, 24 before the open. They expect $0.42 EPS, up 55.56% or $0.15 from last year’s $0.27 per share. DD’s profit will be $369.47 million for 41.86 P/E if the $0.42 EPS becomes a reality. After $0.34 actual EPS reported by E I Du Pont De Nemours And Co for the previous quarter, Wall Street now forecasts 23.53% EPS growth.
According to Zacks Investment Research, “E.I. DuPont de Nemours is involved in science and technology in a range of disciplines including high-performance materials, specialty chemicals, pharmaceuticals and biotechnology. The company operates globally through strategic business units. Within the strategic business units, businesses manufacture and sell a wide range of products to many different markets, including the transportation, textile, construction, automotive, agricultural and hybrid seeds, nutrition and health, pharmaceuticals, packaging and electronics markets.”
Folger Nolan Fleming Douglas Capital Management Inc holds 28.84% of its portfolio in E I Du Pont De Nemours And Co for 2.59 million shares. Dupont Capital Management Corp owns 9.97 million shares or 14.39% of their US portfolio. Moreover, Trian Fund Management L.P. has 11.88% invested in the company for 19.24 million shares. The Virginia-based Vnbtrust National Association has invested 8.52% in the stock. Lau Associates Llc, a Delaware-based fund reported 77,815 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 3 selling transactions for $8.06 million net activity.
Ratings analysis reveals 47% of Du Pont’s analysts are positive. Out of 17 Wall Street analysts rating Du Pont, 8 give it “Buy”, 3 “Sell” rating, while 6 recommend “Hold”. The lowest target is $51.0 while the high is $85. The stock’s average target of $65.34 is -7.08% below today’s ($70.32) share price. DD was included in 41 notes of analysts from July 30, 2015. The firm earned “Outperform” rating on Friday, January 8 by Bernstein. Vetr upgraded it to “Buy” rating and $56.34 target price in Tuesday, August 25 report. RBC Capital Markets maintained E I Du Pont De Nemours And Co (NYSE:DD) rating on Friday, February 26. RBC Capital Markets has “Sector Perform” rating and $62 price target. Nomura initiated E I Du Pont De Nemours And Co (NYSE:DD) on Wednesday, October 19 with “Buy” rating. The firm earned “Sector Perform” rating on Friday, December 4 by RBC Capital Markets. The stock of E I Du Pont De Nemours And Co (NYSE:DD) has “Equalweight” rating given on Wednesday, July 27 by Barclays Capital. Deutsche Bank maintained the shares of DD in a report on Tuesday, October 6 with “Buy” rating. The firm has “Underperform” rating given on Wednesday, April 27 by CLSA. The rating was upgraded by Bank of America to “Buy” on Friday, December 18. S&P Research downgraded the stock to “Sell” rating in Wednesday, October 28 report.
E. I. du Pont de Nemours and Company (DuPont), incorporated on October 4, 1915, is a science and technology company. The Firm consists of over 10 businesses aggregated into six divisions, which include Agriculture, Electronics & Communications (E&C), Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Firm is also involved in other businesses, such as pre-commercial programs, nonaligned businesses and pharmaceuticals in other. It conducts research and development (R&D) programs in various fields, including agriculture, biology, chemistry, engineering and materials science.
Another recent and important E I Du Pont De Nemours And Co (NYSE:DD) news was published by 247Wallst.com which published an article titled: “Apple, DuPont Send DJIA Higher Monday” on November 21, 2016.
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By Ellis Scott