Is E I Du Pont De Nemours And Co’s Fuel For Real? The Stock Was Bought By Option Traders

 Is E I Du Pont De Nemours And Co's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session E I Du Pont De Nemours And Co (DD) registered an unusually high (231) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious DD increase. With 231 contracts traded and 29684 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: DD170120C00072500 closed last at: $1.14 or 16.8% down. About 315,144 shares traded hands. E I Du Pont De Nemours And Co (NYSE:DD) has risen 6.96% since April 1, 2016 and is uptrending. It has outperformed by 5.75% the S&P500.

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

Out of 17 analysts covering Du Pont (NYSE:DD), 8 rate it a “Buy”, 3 “Sell”, while 6 “Hold”. This means 47% are positive. $85 is the highest target while $51.0 is the lowest. The $65.34 average target is -4.52% below today’s ($68.43) stock price. Du Pont has been the topic of 41 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Argus Research maintained E I Du Pont De Nemours And Co (NYSE:DD) rating on Monday, November 2. Argus Research has “Buy” rating and $72 price target. Citigroup maintained the stock with “Neutral” rating in Monday, April 18 report. On Tuesday, December 8 the stock rating was maintained by Argus Research with “Buy”. The firm earned “Outperform” rating on Friday, January 8 by Bernstein. The rating was initiated by Credit Suisse with “Neutral” on Wednesday, January 27. As per Wednesday, April 27, the company rating was downgraded by CLSA. The firm has “Buy” rating given on Tuesday, October 6 by Deutsche Bank. Citigroup downgraded the stock to “Neutral” rating in Tuesday, January 5 report. The stock has “Sector Perform” rating given by RBC Capital Markets on Wednesday, October 28. The stock of E I Du Pont De Nemours And Co (NYSE:DD) has “Buy” rating given on Wednesday, October 19 by Nomura.

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.
Oppenheimer & holds 0.41% or 210,183 shares in its portfolio. The New York-based Spirit Of America Mgmt Corp Ny has invested 0.1% in E I Du Pont De Nemours And Co (NYSE:DD). Tradewinds Management Limited Liability Corp has invested 0.06% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD). State Of New Jersey Common Pension Fund D last reported 0.03% of its portfolio in the stock. Kimelman And Baird Limited reported 131,570 shares or 1.56% of all its holdings. The Norway-based Dnb Asset Mngmt As has invested 0% in E I Du Pont De Nemours And Co (NYSE:DD). Roundview Capital Limited Liability has invested 1.02% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD). Investors Asset Mgmt Of Georgia Ga Adv last reported 10,130 shares in the company. M owns 5,908 shares or 0.2% of their US portfolio. Blackrock Invest Mgmt Ltd Liability Corp accumulated 0.36% or 4.35 million shares. Capstone Asset Mgmt last reported 73,382 shares in the company. Blb&B Advisors reported 74,623 shares or 0.91% of all its holdings. Beacon Tru Com last reported 0.22% of its portfolio in the stock. Snow Ltd Partnership, a Pennsylvania-based fund reported 5,000 shares. Stratos Wealth Prns has 0.05% invested in the company for 9,360 shares.

Insider Transactions: Since August 24, 2016, the stock had 0 buys, and 3 sales for $8.06 million net activity. Cachinero Benito had sold 58,958 shares worth $4.15 million. Shares for $3.54M were sold by Collins James C. Jr. on Wednesday, August 24. 5,422 shares were sold by Doyle Christopher Marc, worth $376,993 on Friday, August 26.

E. I. du Pont de Nemours and Company is a science and technology company. The company has a market cap of $59.42 billion. The Firm consists of over 10 businesses aggregated into six divisions: Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. It has a 29.75 P/E ratio. The Company’s products include corn hybrids and soybean varieties, herbicides, fungicides and insecticides in Agriculture segment; photopolymers and electronic materials in Electronics & Communications segment; enzymes and bio materials in Industrial Biosciences segment; cultures, emulsifiers, texturants, natural sweeteners and soy food ingredients in Nutrition & Health segment; engineering polymers, packaging and industrial polymers, films and elastomers in Performance Materials segment, and nonwovens, aramids and solid surfaces in Safety & Protection segment.

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.

More news for E I Du Pont De Nemours And Co (NYSE:DD) were recently published by: Seekingalpha.com, which released: “E.I. du Pont de Nemours & Co. (DD) Q3 2016 Results – Earnings Call Transcript” on October 25, 2016. Nasdaq.com‘s article titled: “EI DuPont De Nemours & Co. Profit Advances 155% In Q3” and published on October 25, 2016 is yet another important article.

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