Stock Buzzer: Could E I Du Pont De Nemours And Co Change Direction After Today’s Big Increase?

Stock Buzzer: Could E I Du Pont De Nemours And Co Change Direction After Today's Big Increase?

The stock of E I Du Pont De Nemours And Co (NYSE:DD) is a huge mover today! About 1.33M shares traded hands. E I Du Pont De Nemours And Co (NYSE:DD) has risen 10.02% since February 29, 2016 and is uptrending. It has underperformed by 2.19% the S&P500.
The move comes after 5 months positive chart setup for the $60.47B company. It was reported on Oct, 3 by We have $84.30 PT which if reached, will make NYSE:DD worth $13.91B more.

Analysts await E I Du Pont De Nemours And Co (NYSE:DD) to report earnings on October, 25 before the open. They expect $0.20 EPS, up 53.85% or $0.07 from last year’s $0.13 per share. DD’s profit will be $176.45M for 85.68 P/E if the $0.20 EPS becomes a reality. After $1.24 actual EPS reported by E I Du Pont De Nemours And Co for the previous quarter, Wall Street now forecasts -83.87% negative EPS growth.

E I Du Pont De Nemours And Co (NYSE:DD) Ratings Coverage

Out of 16 analysts covering Du Pont (NYSE:DD), 6 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 38% are positive. Du Pont has been the topic of 39 analyst reports since July 30, 2015 according to StockzIntelligence Inc. As per Tuesday, September 8, the company rating was reinitiated by Bank of America. The stock has “Sell” rating given by S&P Research on Wednesday, October 28. RBC Capital Markets maintained it with “Sector Perform” rating and $62 target price in Friday, February 26 report. As per Wednesday, July 29, the company rating was maintained by RBC Capital Markets. As per Friday, January 8, the company rating was upgraded by Bernstein. The company was maintained on Wednesday, January 20 by Argus Research. Deutsche Bank maintained E I Du Pont De Nemours And Co (NYSE:DD) rating on Friday, August 12. Deutsche Bank has “Sell” rating and $56 price target. The stock has “Strong-Buy” rating given by Vetr on Tuesday, September 8. Deutsche Bank maintained the shares of DD in a report on Wednesday, October 28 with “Buy” rating. Citigroup maintained the shares of DD in a report on Monday, April 18 with “Neutral” rating.

According to Zacks Investment Research, “E.I. DuPont de Nemours is involved in science and technology in a range of disciplines including high-performance materials, specialty chemicals, pharmaceuticals and biotechnology. The company operates globally through strategic business units. Within the strategic business units, businesses manufacture and sell a wide range of products to many different markets, including the transportation, textile, construction, automotive, agricultural and hybrid seeds, nutrition and health, pharmaceuticals, packaging and electronics markets.”

Insitutional Activity: The institutional sentiment increased to 0.66 in Q2 2016. Its up 0.04, from 0.62 in 2016Q1. The ratio increased, as 63 funds sold all E I Du Pont De Nemours And Co shares owned while 474 reduced positions. 67 funds bought stakes while 289 increased positions. They now own 608.14 million shares or 1.55% less from 617.73 million shares in 2016Q1.
Salient Advisors Limited Liability Co has 0.01% invested in the company for 4,287 shares. Jfs Wealth Advsrs Ltd Llc reported 61 shares or 0% of all its holdings. Reliant Invest Limited Liability Corporation accumulated 5,672 shares or 0.33% of the stock. The Georgia-based Montag A & has invested 0.1% in E I Du Pont De Nemours And Co (NYSE:DD). Fjarde Ap has 0.3% invested in the company for 199,226 shares. Cap One Association accumulated 22,465 shares or 0.12% of the stock. Steinberg Glob Asset has 3,150 shares for 0.04% of their US portfolio. Loomis Sayles L P accumulated 965,866 shares or 0.17% of the stock. Yhb Invest Advsrs Inc has 0.17% invested in the company for 11,639 shares. Citigroup last reported 402,347 shares in the company. Confluence Mngmt Ltd Limited Liability Company accumulated 1.34% or 749,905 shares. Outfitter Advsr accumulated 67,877 shares or 1.88% of the stock. Howland Cap Management accumulated 83,296 shares or 0.51% of the stock. Shapiro Mngmt Limited Liability Corp last reported 6,576 shares in the company. Advisor Prns Lc, a California-based fund reported 16,781 shares.

Insider Transactions: Since August 24, 2016, the stock had 0 insider buys, and 3 selling transactions for $8.06 million net activity. Doyle Christopher Marc sold $376,993 worth of stock or 5,422 shares. Cachinero Benito sold $4.15M worth of stock. Another trade for 50,316 shares valued at $3.54 million was sold by Collins James C. Jr..

DD Company Profile

E. I. du Pont de Nemours and Company (DuPont), incorporated on October 4, 1915, is a science and technology company. The Firm consists of over 10 businesses aggregated into six divisions, which include Agriculture, Electronics & Communications (E&C), Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Firm is also involved in other businesses, such as pre-commercial programs, nonaligned businesses and pharmaceuticals in other. It conducts research and development (R&D) programs in various fields, including agriculture, biology, chemistry, engineering and materials science.

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