Jump Financial LLC Boosts Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Jump Financial LLC lifted its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 36.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,488 shares of the basic materials company's stock after purchasing an additional 7,055 shares during the period. Jump Financial LLC's holdings in DuPont de Nemours were worth $2,020,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of DD. Hager Investment Management Services LLC bought a new position in DuPont de Nemours during the fourth quarter worth $26,000. Aster Capital Management DIFC Ltd lifted its stake in shares of DuPont de Nemours by 479.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 302 shares during the period. Byrne Asset Management LLC acquired a new stake in DuPont de Nemours during the fourth quarter worth approximately $29,000. Vision Financial Markets LLC acquired a new position in DuPont de Nemours in the fourth quarter valued at approximately $31,000. Finally, Golden State Wealth Management LLC bought a new position in shares of DuPont de Nemours during the 4th quarter worth approximately $33,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Up 0.2 %

Shares of DD stock traded up $0.14 on Monday, hitting $60.28. The stock had a trading volume of 3,913,495 shares, compared to its average volume of 2,385,427. DuPont de Nemours, Inc. has a 12-month low of $53.77 and a 12-month high of $90.06. The stock has a market cap of $25.23 billion, a price-to-earnings ratio of 36.10, a price-to-earnings-growth ratio of 2.15 and a beta of 1.25. The business has a 50 day moving average of $72.98 and a 200 day moving average of $77.88. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88.

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

DuPont de Nemours Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a $0.41 dividend. This is an increase from DuPont de Nemours's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend was Monday, March 3rd. DuPont de Nemours's payout ratio is 98.20%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. 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 report on Friday, January 17th. JPMorgan Chase & Co. reduced their target price on DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Citigroup dropped their price target 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. Mizuho decreased their price objective on DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Finally, Bank of America raised shares of DuPont de Nemours from an "underperform" rating to a "neutral" rating and reduced their price target for the company from $80.00 to $75.00 in a research report on Tuesday, April 15th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $87.71.

About DuPont de Nemours

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.