380,560 DuPont de Nemours, Inc. $DD Shares Sold by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. trimmed its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 47.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 422,666 shares of the basic materials company's stock after selling 380,560 shares during the period. Eurizon Capital SGR S.p.A. owned approximately 0.31% of DuPont de Nemours worth $54,906,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DD. State Street Corp raised its position in shares of DuPont de Nemours by 140.3% in the second quarter. State Street Corp now owns 44,941,824 shares of the basic materials company's stock valued at $6,095,909,000 after purchasing an additional 26,238,300 shares during the period. Generali Investments Management Co LLC boosted its holdings in shares of DuPont de Nemours by 3,410.5% during the 3rd quarter. Generali Investments Management Co LLC now owns 11,409 shares of the basic materials company's stock worth $1,482,000 after buying an additional 11,084 shares during the period. Farther Finance Advisors LLC grew its stake in DuPont de Nemours by 839.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 39,355 shares of the basic materials company's stock valued at $5,112,000 after buying an additional 35,166 shares during the last quarter. Salem Investment Counselors Inc. grew its stake in DuPont de Nemours by 272.8% in the 3rd quarter. Salem Investment Counselors Inc. now owns 11,042 shares of the basic materials company's stock valued at $1,434,000 after buying an additional 8,080 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new stake in DuPont de Nemours during the 3rd quarter valued at approximately $1,902,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

Insider Buying and Selling

In other news, SVP Erik Hoover sold 4,203 shares of the stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $150.82, for a total value of $633,896.46. Following the transaction, the senior vice president directly owned 38,798 shares of the company's stock, valued at $5,851,514.36. This represents a 9.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Edward D. Breen sold 89,845 shares of the stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $146.41, for a total transaction of $13,154,206.45. Following the completion of the transaction, the director directly owned 127,276 shares in the company, valued at approximately $18,634,479.16. This represents a 41.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 96,359 shares of company stock valued at $14,137,411. 0.96% of the stock is owned by insiders.

DuPont de Nemours Trading Down 0.8%

DD opened at $153.48 on Friday. DuPont de Nemours, Inc. has a fifty-two week low of $111.15 and a fifty-two week high of $159.48. The company has a market cap of $20.34 billion, a price-to-earnings ratio of 68.83, a price-to-earnings-growth ratio of 1.34 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.36 and a quick ratio of 1.74. The firm has a 50 day simple moving average of $135.37 and a 200 day simple moving average of $139.37.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The basic materials company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.22. DuPont de Nemours had a net margin of 4.26% and a return on equity of 6.85%. The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the previous year, the business earned $1.09 EPS. The firm's revenue was up 4.1% on a year-over-year basis. On average, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 7.51 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.6%. DuPont de Nemours's payout ratio is presently 107.62%.

Analysts Set New Price Targets

Several research firms recently commented on DD. Barclays upped their target price on shares of DuPont de Nemours from $156.00 to $176.00 and gave the company an "overweight" rating in a research note on Wednesday, November 4th. Wells Fargo & Company raised their price target on shares of DuPont de Nemours from $166.00 to $170.00 and gave the stock an "overweight" rating in a research report on Thursday, November 5th. Citigroup boosted their price objective on shares of DuPont de Nemours from $162.00 to $176.00 and gave the stock a "buy" rating in a report on Wednesday, November 4th. Royal Bank Of Canada lifted their target price on DuPont de Nemours from $160.00 to $173.00 and gave the stock an "outperform" rating in a research report on Thursday, November 5th. Finally, JPMorgan Chase & Co. lowered DuPont de Nemours from an "overweight" rating to a "neutral" rating and lowered their price target for the company from $172.00 to $145.00 in a research note on Friday, October 9th. Twelve analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $165.88.

DuPont de Nemours Company Profile

DuPont de Nemours is a science and materials company that develops products for customers in markets including construction, healthcare, water treatment, transportation and worker safety. Its offerings include protective materials such as Kevlar, Nomex and Tyvek, as well as Corian surface materials and technologies used in water purification and separation. The company traces its roots to 1802, when E. I. du Pont established a gunpowder mill in Delaware. Over time, DuPont expanded into a broad range of chemical and advanced-materials businesses.

Want to see what other hedge funds are holding DD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DuPont de Nemours, Inc. (NYSE:DD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.