Exchange Traded Concepts LLC Has $987,000 Stake in DuPont de Nemours, Inc. (NYSE:DD)

Exchange Traded Concepts LLC grew its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 1,138.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,946 shares of the basic materials company's stock after buying an additional 11,901 shares during the period. Exchange Traded Concepts LLC's holdings in DuPont de Nemours were worth $987,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in DD. Merit Financial Group LLC raised its holdings in DuPont de Nemours by 36.4% during the fourth quarter. Merit Financial Group LLC now owns 18,496 shares of the basic materials company's stock worth $1,410,000 after purchasing an additional 4,939 shares in the last quarter. Jennison Associates LLC raised its holdings in DuPont de Nemours by 2.0% during the third quarter. Jennison Associates LLC now owns 491,028 shares of the basic materials company's stock worth $43,756,000 after purchasing an additional 9,730 shares in the last quarter. Principal Financial Group Inc. raised its holdings in DuPont de Nemours by 4.6% during the third quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company's stock worth $43,727,000 after purchasing an additional 21,435 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in DuPont de Nemours by 38.4% during the third quarter. Oppenheimer & Co. Inc. now owns 36,082 shares of the basic materials company's stock worth $3,215,000 after purchasing an additional 10,012 shares in the last quarter. Finally, Fiduciary Alliance LLC bought a new stake in DuPont de Nemours during the fourth quarter worth approximately $249,000. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Stock Up 0.2 %

Shares of DuPont de Nemours stock traded up $0.15 on Wednesday, hitting $76.48. 1,649,871 shares of the company traded hands, compared to its average volume of 2,278,230. The company has a 50-day moving average price of $78.71 and a 200 day moving average price of $81.28. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. DuPont de Nemours, Inc. has a 12-month low of $61.14 and a 12-month high of $90.06. The company has a market cap of $31.97 billion, a PE ratio of 40.25, a PEG ratio of 1.70 and a beta of 1.35.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a net margin of 6.35% and a return on equity of 6.64%. The business had revenue of $3.19 billion for the quarter, compared to analysts' expectations of $3.20 billion. During the same period in the previous year, the company posted $0.92 EPS. DuPont de Nemours's revenue was up 4.4% on a year-over-year basis. Sell-side analysts predict that DuPont de Nemours, Inc. will post 3.91 earnings per share for the current year.

Analyst Upgrades and Downgrades

DD has been the topic of several research reports. BMO Capital Markets dropped their price target on DuPont de Nemours from $107.00 to $105.00 and set an "outperform" rating on the stock in a report on Thursday, January 16th. Wolfe Research raised DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 price target on the stock in a report on Friday, January 17th. Royal Bank of Canada upped their price target on DuPont de Nemours from $102.00 to $104.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. Barclays upped their price target on DuPont de Nemours from $84.00 to $85.00 and gave the company an "underweight" rating in a report on Wednesday, November 6th. Finally, StockNews.com upgraded shares of DuPont de Nemours from a "hold" rating to a "buy" rating in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $98.00.

About DuPont de Nemours

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.