New Mexico Educational Retirement Board Sells 500 Shares of DuPont de Nemours, Inc. (NYSE:DD)

New Mexico Educational Retirement Board decreased its position in DuPont de Nemours, Inc. (NYSE:DD) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,947 shares of the basic materials company’s stock after selling 500 shares during the quarter. New Mexico Educational Retirement Board’s holdings in DuPont de Nemours were worth $1,521,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Choreo LLC raised its holdings in DuPont de Nemours by 23.4% in the fourth quarter. Choreo LLC now owns 43,307 shares of the basic materials company’s stock worth $3,296,000 after purchasing an additional 8,205 shares in the last quarter. Merit Financial Group LLC increased its holdings in shares of 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 valued at $1,410,000 after acquiring an additional 4,939 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of 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 valued at $43,756,000 after acquiring an additional 9,730 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of 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 valued at $43,727,000 after acquiring an additional 21,435 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of 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 valued at $3,215,000 after acquiring an additional 10,012 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Trading Down 0.9 %

Shares of NYSE:DD opened at $83.31 on Monday. The stock has a market capitalization of $34.82 billion, a price-to-earnings ratio of 43.85, a PEG ratio of 1.70 and a beta of 1.34. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.28. The stock’s 50-day simple moving average is $77.59 and its two-hundred day simple moving average is $81.11. DuPont de Nemours, Inc. has a 52-week low of $67.70 and a 52-week high of $90.06.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. Analysts expect that DuPont de Nemours, Inc. will post 3.91 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DD shares. BMO Capital Markets raised their price target on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a report on Thursday. JPMorgan Chase & Co. dropped their price objective on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Wells Fargo & Company dropped their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 12th. Finally, Morgan Stanley increased their price objective on DuPont de Nemours from $88.00 to $94.00 and gave the company an “equal weight” rating in a research report on Monday, October 21st. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $98.75.

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.