What’s Ahead for E I Du Pont De Nemours And Co After Today’s Bullish Options Activity?

 What's Ahead for E I Du Pont De Nemours And Co After Today's Bullish Options Activity?

In today’s session E I Du Pont De Nemours And Co (DD) registered an unusually high (2,133) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DD increase. With 2,133 contracts traded and 1344 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DD161216C00072000 closed last at: $0.8 or 8% down. About 181,184 shares traded hands. E I Du Pont De Nemours And Co (NYSE:DD) has risen 5.53% since April 27, 2016 and is uptrending. It has outperformed by 0.30% the S&P500.

Analysts await E I Du Pont De Nemours And Co (NYSE:DD) to report earnings on January, 24 before the open. They expect $0.42 EPS, up 55.56% or $0.15 from last year’s $0.27 per share. DD’s profit will be $366.68M for 42.39 P/E if the $0.42 EPS becomes a reality. After $0.34 actual EPS reported by E I Du Pont De Nemours And Co for the previous quarter, Wall Street now forecasts 23.53% EPS growth.

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 -8.24% below today’s ($71.21) stock price. Du Pont has been the topic of 41 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock has “Mkt Perform” rating given by Bernstein on Friday, September 11. On Monday, October 3 the stock rating was upgraded by Citigroup to “Buy”. The company was downgraded on Wednesday, October 28 by S&P Research. On Wednesday, July 27 the stock rating was maintained by Barclays Capital with “Equalweight”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, January 27. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, July 29. As per Friday, August 14, the company rating was upgraded by JP Morgan. On Tuesday, January 5 the stock rating was downgraded by Citigroup to “Neutral”. The firm has “Strong-Buy” rating given on Monday, September 21 by Vetr. The stock has “Neutral” rating given by JP Morgan on Tuesday, June 28.

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 0.8 in 2016 Q2. Its up 0.14, from 0.66 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.
Palouse Cap Management Inc holds 0.1% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD) for 3,980 shares. Moreover, 1832 Asset Ltd Partnership has 0% invested in E I Du Pont De Nemours And Co (NYSE:DD) for 23,886 shares. Blackrock Japan Ltd reported 1.11M shares or 0.26% of all its holdings. Mariner Wealth Ltd Llc has 4,719 shares for 0.02% of their US portfolio. Blackrock has invested 0.21% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD). Df Dent And last reported 0.01% of its portfolio in the stock. Wealthfront has invested 0.04% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD). Factory Mutual Insur Com holds 0.64% or 745,400 shares in its portfolio. Invesco accumulated 902,599 shares or 0.02% of the stock. Moreover, Winch Advisory Ser Lc has 0.01% invested in E I Du Pont De Nemours And Co (NYSE:DD) for 180 shares. Triangle Secs Wealth has 29,484 shares for 1.43% of their US portfolio. Tower Bridge Advisors holds 0% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD) for 51,534 shares. Hourglass Capital Ltd holds 0.16% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD) for 9,750 shares. Stockman Asset Management accumulated 9,300 shares or 0.47% of the stock. Henderson Grp Inc Public Ltd Liability last reported 0.06% of its portfolio in the stock.

Insider Transactions: Since August 24, 2016, the stock had 0 insider buys, and 3 insider sales for $8.06 million net activity. $4.15 million worth of E I Du Pont De Nemours And Co (NYSE:DD) was sold by Cachinero Benito. Collins James C. Jr. sold $3.54M worth of E I Du Pont De Nemours And Co (NYSE:DD) on Wednesday, August 24. $376,993 worth of E I Du Pont De Nemours And Co (NYSE:DD) was sold by Doyle Christopher Marc 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 $62.17 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 30.96 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.

Another recent and important E I Du Pont De Nemours And Co (NYSE:DD) news was published by Nasdaq.com which published an article titled: “E.I. du Pont de Nemours and Company (DD) Ex-Dividend Date Scheduled for …” on November 09, 2016.

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