Could E I Du Pont De Nemours And Co (DD) Skyrocket Even More? The Stock Just Made Record High

July 17, 2017 - By Ellis Scott

Investors sentiment decreased to 0.77 in 2016 Q4. Its down 0.03, from 0.8 in 2016Q3. It dropped, as 55 investors sold E I Du Pont De Nemours And Co shares while 447 reduced holdings. 95 funds opened positions while 291 raised stakes. 604.94 million shares or 1.06% more from 598.58 million shares in 2016Q3 were reported.
Andra Ap holds 0.22% in E I Du Pont De Nemours And Co (NYSE:DD) or 108,100 shares. Fayerweather Charles owns 5,792 shares or 0.63% of their US portfolio. Moreover, Ep Wealth Advsrs has 0.03% invested in E I Du Pont De Nemours And Co (NYSE:DD) for 2,770 shares. Integral Derivatives Lc holds 26,891 shares or 0.04% of its portfolio. Investors Asset Mngmt Of Georgia Inc Ga Adv invested in 0.55% or 10,063 shares. Moreover, Putnam Fl Invest Mgmt has 0.02% invested in E I Du Pont De Nemours And Co (NYSE:DD). Wolverine Asset Mgmt Ltd accumulated 8,936 shares. Johnson Financial Gp holds 0.01% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD) for 1,009 shares. California Employees Retirement Sys reported 0.27% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD). M&R Management invested 0.12% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD). Crawford Inv Counsel invested 0.03% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD). Janney Cap Management Ltd Com invested in 0.03% or 7,586 shares. Anson Funds Mngmt L P stated it has 50,000 shares. Balyasny Asset stated it has 14,000 shares or 0.01% of all its holdings. Cadinha Limited Liability Company has 11,324 shares.

Since March 28, 2017, it had 0 insider purchases, and 2 selling transactions for $8.04 million activity. Collins James C. Jr. also sold $4.36 million worth of E I Du Pont De Nemours And Co (NYSE:DD) on Monday, May 1. FANANDAKIS NICHOLAS C also sold $3.68 million worth of E I Du Pont De Nemours And Co (NYSE:DD) on Tuesday, March 28.

The stock of E I Du Pont De Nemours And Co (NYSE:DD) reached all time high today, Jul, 17 and still has $91.42 target or 8.00 % above today’s $84.65 share price. This indicates more upside for the $74.23B company. This technical setup was reported by Barchart.com. If the $91.42 PT is reached, the company will be worth $5.94 billion more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

About 829,422 shares traded. E I Du Pont De Nemours And Co (NYSE:DD) has risen 20.82% since July 17, 2016 and is uptrending. It has outperformed by 4.12% the S&P500.

Analysts await E I Du Pont De Nemours And Co (NYSE:DD) to report earnings on July, 25. They expect $1.29 EPS, up 4.03 % or $0.05 from last year’s $1.24 per share. DD’s profit will be $1.13 billion for 16.41 P/E if the $1.29 EPS becomes a reality. After $1.64 actual EPS reported by E I Du Pont De Nemours And Co for the previous quarter, Wall Street now forecasts -21.34 % negative EPS growth.

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

Among 17 analysts covering Du Pont (NYSE:DD), 8 have Buy rating, 3 Sell and 6 Hold. Therefore 47% are positive. Du Pont had 46 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, April 26 report. S&P Research downgraded E I Du Pont De Nemours And Co (NYSE:DD) on Wednesday, October 28 to “Sell” rating. As per Friday, August 12, the company rating was maintained by Deutsche Bank. Argus Research maintained E I Du Pont De Nemours And Co (NYSE:DD) rating on Monday, August 3. Argus Research has “Buy” rating and $63 target. The firm has “Underperform” rating by Bank of America given on Tuesday, September 8. RBC Capital Markets maintained E I Du Pont De Nemours And Co (NYSE:DD) on Friday, February 26 with “Sector Perform” rating. The firm has “Buy” rating by Jefferies given on Wednesday, June 21. Citigroup maintained the shares of DD in report on Monday, April 18 with “Neutral” rating. The rating was upgraded by Wells Fargo on Monday, December 14 to “Outperform”. The company was initiated on Wednesday, October 19 by Nomura.

More news for E I Du Pont De Nemours And Co (NYSE:DD) were recently published by: Marketwatch.com, which released: “Dietary Fibers Market Worth 6.50 Billion USD by 2022” on July 17, 2017. Seekingalpha.com‘s article titled: “EI Du Pont De Nemours: Good Total Return For This Giant Chemical Company” and published on June 20, 2017 is yet another important article.

E. I. du Pont de Nemours and Company is a science and technology company. The company has market cap of $74.23 billion. It operates through six divisions: Agriculture, Electronics & Communications , Industrial Biosciences, Nutrition & Health, Performance Materials and Protection Solutions. It has a 28.37 P/E ratio. The Company’s Agriculture segment includes products, such as corn hybrids and soybean varieties, herbicides, fungicides and insecticides.

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