Crescent Sterling Ltd. Has $445,000 Stock Position in DuPont de Nemours, Inc. $DD

Crescent Sterling Ltd. lowered its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 16.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,494 shares of the basic materials company’s stock after selling 1,315 shares during the period. Crescent Sterling Ltd.’s holdings in DuPont de Nemours were worth $445,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Princeton Global Asset Management LLC increased its holdings in DuPont de Nemours by 64.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 365 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 143 shares in the last quarter. WPG Advisers LLC acquired a new position in DuPont de Nemours in the 1st quarter worth about $35,000. Ransom Advisory Ltd acquired a new position in DuPont de Nemours in the 1st quarter worth about $40,000. Quaker Wealth Management LLC increased its holdings in DuPont de Nemours by 200.7% in the 2nd quarter. Quaker Wealth Management LLC now owns 594 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 1,184 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in DuPont de Nemours by 36.1% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 599 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 159 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Insider Buying and Selling

In related news, SVP Steven P. Larrabee sold 43,208 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the completion of the sale, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. This trade represents a 52.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 74,208 shares of company stock worth $5,714,861 over the last ninety days. Company insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. UBS Group upped their target price on DuPont de Nemours from $87.00 to $89.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Royal Bank Of Canada upped their target price on DuPont de Nemours from $94.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Wolfe Research lowered their target price on DuPont de Nemours from $89.00 to $87.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Wells Fargo & Company upped their target price on DuPont de Nemours from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, July 14th. Finally, BMO Capital Markets decreased their price target on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research note on Friday, September 19th. Nine analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $89.42.

DuPont de Nemours Trading Up 0.1%

Shares of DD stock opened at $81.58 on Friday. The stock has a market cap of $34.16 billion, a price-to-earnings ratio of -173.57, a PEG ratio of 2.49 and a beta of 1.08. The stock has a 50-day moving average of $78.23 and a 200-day moving average of $72.63. The company has a current ratio of 1.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. DuPont de Nemours, Inc. has a 1-year low of $53.77 and a 1-year high of $87.80.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Monday, July 11th. The basic materials company reported $0.69 earnings per share for the quarter. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The company had revenue of $3.02 billion during the quarter. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

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.