DuPont de Nemours, Inc. (NYSE:DD) Shares Sold by Advisory Services Network LLC

Advisory Services Network LLC cut its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 53.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,757 shares of the basic materials company's stock after selling 13,306 shares during the period. Advisory Services Network LLC's holdings in DuPont de Nemours were worth $897,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in DD. Norges Bank purchased a new position in shares of DuPont de Nemours during the fourth quarter valued at about $146,605,000. Prudential Financial Inc. boosted its stake in DuPont de Nemours by 337.5% during the fourth quarter. Prudential Financial Inc. now owns 1,278,583 shares of the basic materials company's stock valued at $97,492,000 after buying an additional 986,366 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in DuPont de Nemours by 431.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,058,446 shares of the basic materials company's stock valued at $80,707,000 after buying an additional 859,333 shares in the last quarter. Schroder Investment Management Group increased its stake in DuPont de Nemours by 194.7% in the 4th quarter. Schroder Investment Management Group now owns 1,145,108 shares of the basic materials company's stock worth $86,971,000 after acquiring an additional 756,604 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of DuPont de Nemours during the 4th quarter worth approximately $50,063,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

DuPont de Nemours Stock Up 1.5 %

NYSE:DD traded up $0.88 during mid-day trading on Friday, hitting $60.13. 2,748,962 shares of the company's stock traded hands, compared to its average volume of 2,379,137. The company has a market capitalization of $25.16 billion, a P/E ratio of 36.01, a P/E/G ratio of 2.15 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The company has a fifty day moving average of $73.41 and a 200 day moving average of $78.20. DuPont de Nemours, Inc. has a twelve month low of $53.77 and a twelve month high of $90.06.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. On average, analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's payout ratio is currently 98.20%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. BMO Capital Markets increased their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Wolfe Research upgraded shares of DuPont de Nemours from a "peer perform" rating to an "outperform" rating and set a $91.00 target price on the stock in a research note on Friday, January 17th. UBS Group decreased their price target on shares of DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating for the company in a research note on Tuesday. Citigroup dropped their price objective on DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Finally, Barclays raised DuPont de Nemours from an "underweight" rating to an "equal weight" rating and lifted their target price for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $87.71.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.