Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 10.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 179,086 shares of the basic materials company’s stock after selling 21,310 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in DuPont de Nemours were worth $7,301,000 as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in the stock. Lazard Asset Management LLC boosted its stake in shares of DuPont de Nemours by 7.1% during the 2nd quarter. Lazard Asset Management LLC now owns 2,430 shares of the basic materials company’s stock worth $166,000 after acquiring an additional 162 shares in the last quarter. Signaturefd LLC grew its stake in DuPont de Nemours by 3.4% in the 3rd quarter. Signaturefd LLC now owns 5,160 shares of the basic materials company’s stock valued at $402,000 after buying an additional 172 shares during the last quarter. Farther Finance Advisors LLC grew its stake in DuPont de Nemours by 2.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,192 shares of the basic materials company’s stock valued at $638,000 after buying an additional 174 shares during the last quarter. Forum Financial Management LP grew its stake in DuPont de Nemours by 2.2% in the 3rd quarter. Forum Financial Management LP now owns 8,026 shares of the basic materials company’s stock valued at $625,000 after buying an additional 176 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its stake in DuPont de Nemours by 0.7% in the 3rd quarter. Arkadios Wealth Advisors now owns 24,840 shares of the basic materials company’s stock valued at $1,935,000 after buying an additional 180 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.
DuPont de Nemours Trading Up 0.8%
Shares of NYSE DD opened at $46.70 on Tuesday. DuPont de Nemours, Inc. has a 1-year low of $26.76 and a 1-year high of $52.66. The company has a market cap of $19.14 billion, a PE ratio of -25.11, a P/E/G ratio of 1.70 and a beta of 1.09. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average of $46.82 and a two-hundred day moving average of $42.74.
DuPont de Nemours Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.7%. DuPont de Nemours’s payout ratio is currently -43.01%.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on DD shares. BMO Capital Markets raised their target price on shares of DuPont de Nemours from $25.10 to $60.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. Jefferies Financial Group raised their target price on shares of DuPont de Nemours from $51.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. raised their price target on shares of DuPont de Nemours from $48.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Royal Bank Of Canada decreased their price target on shares of DuPont de Nemours from $60.00 to $56.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Citigroup decreased their target price on shares of DuPont de Nemours from $59.00 to $56.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Twelve research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.44.
Check Out Our Latest Stock Report on DD
DuPont de Nemours Profile
DuPont de Nemours (NYSE: DD) is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.
DuPont’s operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.
See Also
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