Investors Sell Shares of DuPont Co. (DD) on Strength (DD)
Investors sold shares of DuPont Co. (NYSE:DD) on strength during trading hours on Friday. $20.00 million flowed into the stock on the tick-up and $37.07 million flowed out of the stock on the tick-down, for a money net flow of $17.07 million out of the stock. Of all companies tracked, DuPont had the 0th highest net out-flow for the day. DuPont traded up $0.58 for the day and closed at $68.43
DD has been the topic of several recent research reports. Vetr raised shares of DuPont from a “hold” rating to a “buy” rating and set a $69.68 target price on the stock in a report on Monday, May 2nd. Zacks Investment Research raised shares of DuPont from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a report on Thursday, April 28th. TheStreet raised shares of DuPont from a “hold” rating to a “buy” rating in a report on Tuesday, April 26th. Deutsche Bank AG reaffirmed a “buy” rating on shares of DuPont in a report on Monday, April 4th. Finally, Argus reaffirmed a “buy” rating on shares of DuPont in a report on Sunday, March 27th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $68.48.
The stock has a 50-day moving average of $66.32 and a 200 day moving average of $63.14. The stock has a market cap of $59.77 billion and a PE ratio of 28.50.
Several large investors have recently added to or reduced their stakes in the company. Employees Retirement System of Texas raised its stake in DuPont by 3.4% in the fourth quarter. Employees Retirement System of Texas now owns 288,400 shares of the company’s stock valued at $19,207,000 after buying an additional 9,400 shares during the period. Philadelphia Trust Co. increased its position in DuPont by 1.0% in the fourth quarter. Philadelphia Trust Co. now owns 513,086 shares of the company’s stock valued at $34,346,000 after buying an additional 5,185 shares in the last quarter. Brown Advisory Inc. increased its position in DuPont by 9.4% in the fourth quarter. Brown Advisory Inc. now owns 1,459,822 shares of the company’s stock valued at $97,224,000 after buying an additional 125,214 shares in the last quarter. Toronto Dominion Bank increased its position in DuPont by 9.2% in the fourth quarter. Toronto Dominion Bank now owns 81,553 shares of the company’s stock valued at $5,445,000 after buying an additional 6,849 shares in the last quarter. Finally, BP PLC bought a new position in DuPont during the fourth quarter valued at approximately $6,858,000.
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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