E I Du Pont De Nemours And Co (DD) Downgraded by TheStreet
TheStreet lowered shares of E I Du Pont De Nemours And Co (NYSE:DD) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning, Analyst Ratings Network.com reports.
A number of hedge funds and institutional investors recently added to or reduced their stakes in DD. Trust Co raised its position in E I Du Pont De Nemours And by 7.3% in the third quarter. Trust Co now owns 5,265 shares of the company’s stock valued at $254,000 after buying an additional 356 shares during the period. Community Bank of Raymore bought a new position in E I Du Pont De Nemours And during the fourth quarter valued at approximately $269,000. Signature Financial Management Inc. bought a new position in E I Du Pont De Nemours And during the fourth quarter valued at approximately $271,000. Villere ST Denis J & Co. LLC bought a new position in E I Du Pont De Nemours And during the fourth quarter valued at approximately $272,000. Finally, Smith Chas P & Associates PA Cpas bought a new position in E I Du Pont De Nemours And during the fourth quarter valued at approximately $276,000.
Several other equities analysts also recently weighed in on DD. Deutsche Bank reaffirmed a buy rating and issued a $64.00 price objective (down from $80.00) on shares of E I Du Pont De Nemours And in a research note on Sunday, January 24th. RBC Capital dropped their price objective on E I Du Pont De Nemours And from $63.00 to $57.00 and set a sector perform rating for the company in a research note on Wednesday, January 27th. Susquehanna raised their price objective on E I Du Pont De Nemours And from $70.00 to $75.00 and gave the company a positive rating in a research note on Thursday, October 29th. Vetr raised E I Du Pont De Nemours And from a hold rating to a buy rating and set a $66.33 price objective for the company in a research note on Monday, January 4th. Finally, Barclays reiterated an equal weight rating and set a $62.00 target price (down previously from $63.00) on shares of E I Du Pont De Nemours And in a report on Wednesday, October 28th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. E I Du Pont De Nemours And currently has a consensus rating of Hold and a consensus target price of $66.47.
E I Du Pont De Nemours And (NYSE:DD) traded up 1.02% during midday trading on Wednesday, reaching $53.30. The company’s stock had a trading volume of 4,441,166 shares. The firm has a market cap of $46.44 billion and a price-to-earnings ratio of 24.66. The company has a 50 day moving average price of $60.76 and a 200 day moving average price of $58.14. E I Du Pont De Nemours And has a 1-year low of $47.11 and a 1-year high of $76.59.
E I Du Pont De Nemours And (NYSE:DD) last released its quarterly earnings data on Tuesday, January 26th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. During the same period in the previous year, the business earned $0.57 earnings per share. The firm earned $5.30 billion during the quarter, compared to analysts’ expectations of $5.53 billion. The business’s revenue for the quarter was down 9.4% on a year-over-year basis. On average, equities research analysts expect that E I Du Pont De Nemours And will post $3.03 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, March 14th. Investors of record on Friday, February 12th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Wednesday, February 10th.
E. I. du Pont de Nemours and Company (NYSE:DD) is a science and technology-based company. The Company’s subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Company’s segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Company’s other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Company’s brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.

Receive News & Ratings for E I Du Pont De Nemours And Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E I Du Pont De Nemours And Co and related companies with MarketBeat.com's FREE daily email newsletter.






