St. Johns Investment Management Company LLC Purchases 517 Shares of DuPont de Nemours, Inc. $DD

St. Johns Investment Management Company LLC increased its position in DuPont de Nemours, Inc. (NYSE:DD) by 5.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,562 shares of the basic materials company’s stock after purchasing an additional 517 shares during the period. St. Johns Investment Management Company LLC’s holdings in DuPont de Nemours were worth $724,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DD. Princeton Global Asset Management LLC boosted its stake 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. JNBA Financial Advisors raised its position in DuPont de Nemours by 132.5% in the 1st quarter. JNBA Financial Advisors now owns 379 shares of the basic materials company’s stock worth $28,000 after buying an additional 216 shares during the last quarter. Valley National Advisers Inc. increased its position in shares of DuPont de Nemours by 145.0% during the 1st quarter. Valley National Advisers Inc. now owns 419 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 248 shares during the last quarter. WPG Advisers LLC purchased a new stake in DuPont de Nemours in the 1st quarter worth approximately $35,000. Finally, Ransom Advisory Ltd purchased a new stake in DuPont de Nemours in the 1st quarter worth approximately $40,000. Institutional investors own 73.96% of the company’s stock.

Analysts Set New Price Targets

DD has been the subject of a number of research analyst reports. KeyCorp increased their price objective on shares of DuPont de Nemours from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, September 22nd. UBS Group increased their price objective on shares of DuPont de Nemours from $87.00 to $89.00 and gave the company a “buy” rating in a report on Monday, July 21st. Royal Bank Of Canada increased their price objective on shares of DuPont de Nemours from $94.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Mizuho increased their price objective on shares of DuPont de Nemours from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Finally, JPMorgan Chase & Co. increased their price objective on shares of DuPont de Nemours from $99.00 to $104.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. 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. Based on data from MarketBeat.com, DuPont de Nemours currently has a consensus rating of “Moderate Buy” and an average target price of $89.75.

Insider Transactions at DuPont de Nemours

In related news, SVP Steven P. Larrabee sold 43,208 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $77.17, for a total value of $3,334,361.36. Following the completion of the sale, the senior vice president directly owned 38,585 shares in the company, valued at $2,977,604.45. This trade represents a 52.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 74,208 shares of company stock valued at $5,714,861 in the last ninety days. 0.61% of the stock is owned by company insiders.

DuPont de Nemours Stock Up 0.2%

NYSE DD opened at $81.13 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The company has a market capitalization of $33.97 billion, a P/E ratio of -172.62, a P/E/G ratio of 2.34 and a beta of 1.08. DuPont de Nemours, Inc. has a one year low of $53.77 and a one year high of $87.80. The stock has a 50 day moving average price of $77.10 and a 200-day moving average price of $71.36.

DuPont de Nemours (NYSE:DD) last posted its earnings results on Monday, July 11th. The basic materials company reported $0.69 EPS for the quarter. The firm had revenue of $3.02 billion during the quarter. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%. As a group, equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours 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.