Quintet Private Bank Europe S.A. Has $378,000 Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Quintet Private Bank Europe S.A. cut its holdings in shares of DuPont de Nemours, Inc. (NYSE:DDFree Report) by 10.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,919 shares of the basic materials company’s stock after selling 594 shares during the quarter. Quintet Private Bank Europe S.A.’s holdings in DuPont de Nemours were worth $378,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DD. Navellier & Associates Inc. acquired a new stake in DuPont de Nemours during the 3rd quarter worth about $274,000. DekaBank Deutsche Girozentrale raised its stake in shares of DuPont de Nemours by 7.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 74,611 shares of the basic materials company’s stock worth $5,557,000 after purchasing an additional 5,102 shares in the last quarter. Aviva PLC raised its stake in shares of DuPont de Nemours by 447.3% during the 3rd quarter. Aviva PLC now owns 95,204 shares of the basic materials company’s stock worth $7,101,000 after purchasing an additional 77,809 shares in the last quarter. Johnson Investment Counsel Inc. raised its stake in shares of DuPont de Nemours by 15.8% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 11,970 shares of the basic materials company’s stock worth $893,000 after purchasing an additional 1,636 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its stake in shares of DuPont de Nemours by 2.1% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 17,098 shares of the basic materials company’s stock worth $1,275,000 after purchasing an additional 353 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

DuPont de Nemours Stock Performance

DD traded down $0.42 during midday trading on Friday, reaching $79.66. The company’s stock had a trading volume of 2,006,554 shares, compared to its average volume of 2,950,236. The stock has a market cap of $33.31 billion, a P/E ratio of 97.15, a PEG ratio of 2.48 and a beta of 1.36. The company has a fifty day simple moving average of $77.80 and a 200 day simple moving average of $73.98. The company has a current ratio of 2.33, a quick ratio of 1.61 and a debt-to-equity ratio of 0.32. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $82.63.

DuPont de Nemours (NYSE:DDGet Free Report) last released its earnings results on Wednesday, May 1st. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.14. The firm had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.81 billion. DuPont de Nemours had a return on equity of 6.07% and a net margin of 2.75%. The company’s revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.84 EPS. Research analysts expect that DuPont de Nemours, Inc. will post 3.63 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Friday, May 31st. DuPont de Nemours’s payout ratio is presently 185.37%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DD. UBS Group raised their price target on DuPont de Nemours from $93.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Wolfe Research began coverage on DuPont de Nemours in a research note on Friday, March 1st. They set a “peer perform” rating for the company. Citigroup raised DuPont de Nemours from a “neutral” rating to a “buy” rating and raised their price target for the stock from $85.00 to $95.00 in a research note on Tuesday, May 28th. Barclays raised their price target on DuPont de Nemours from $81.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 28th. Finally, Wells Fargo & Company raised DuPont de Nemours from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $80.00 to $103.00 in a research note on Friday, May 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $91.09.

Read Our Latest Research Report on DuPont de Nemours

Insider Transactions at DuPont de Nemours

In other news, insider Michael G. Goss sold 1,339 shares of DuPont de Nemours stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $78.33, for a total transaction of $104,883.87. Following the sale, the insider now owns 14,012 shares of the company’s stock, valued at approximately $1,097,559.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Michael G. Goss sold 1,339 shares of DuPont de Nemours stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $78.33, for a total transaction of $104,883.87. Following the sale, the insider now owns 14,012 shares of the company’s stock, valued at approximately $1,097,559.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Leland Weaver sold 18,500 shares of DuPont de Nemours stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $78.40, for a total value of $1,450,400.00. Following the sale, the insider now directly owns 24,476 shares in the company, valued at approximately $1,918,918.40. The disclosure for this sale can be found here. 0.56% of the stock is owned by insiders.

DuPont de Nemours Profile

(Free Report)

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.

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Institutional Ownership by Quarter for DuPont de Nemours (NYSE:DD)

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