YHB Investment Advisors Inc. reduced its stake in DuPont de Nemours, Inc. (NYSE: DD – Get Rating) by 10.0% in the 1st quarter, according to HoldingsChannel. The company owned 3,933 shares of the company’s stock for basic materials after selling 438 shares during the quarter. The holdings of YHB Investment Advisors Inc. at DuPont de Nemours are worth $ 289,000 at the end of the last reporting period.
Several other institutional investors have also recently changed their holdings in DD. New World Advisors LLC acquired a new position in shares of DuPont de Nemours in the third quarter worth approximately $ 236,000. Wellington Management Group LLP increased its position in shares of DuPont de Nemours by 95.4% in the third quarter. Wellington Management Group LLP now owns 50,515 shares of the company’s stock for basic materials worth $ 3,435,000 after buying an additional 24,660 shares in the last quarter. Voloridge Investment Management LLC acquired a new position in shares of DuPont de Nemours in the third quarter worth approximately $ 1,378,000. Thrivent Financial for Lutherans increased its position in shares of DuPont de Nemours by 9.0% in the third quarter. Thrivent Financial for Lutherans already owns 29,889 shares of the company’s stock for basic materials worth $ 2,055,000 after buying an additional 2,463 shares in the last quarter. Finally, Atria Investments LLC increased its stake in DuPont de Nemours by 14.2% in the third quarter. Atria Investments LLC now owns 26,518 shares of the company’s stock for basic materials worth $ 1,803,000 after acquiring an additional 3306 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s shares.
Shares of NYSE: DD opened at $ 58.55 on Friday. The shares have a market capitalization of $ 29.77 billion, a price / earnings ratio of 19.58, a PEG ratio of 1.86 and a beta ratio of 1.39. DuPont de Nemours, Inc. has a 1-year low of $ 54.59 and a 1-year high of $ 85.16. The company has a debt-to-equity ratio of 0.40, a fast ratio of 2.38 and a current ratio of 2.82. The company has a 50-day moving average price of $ 64.69 and a 200-day moving average price of $ 72.76.
DuPont de Nemours (NYSE: DD – Get Rating) last released its quarterly earnings data on Tuesday, May 3rd. The major materials company reported $ 0.82 EPS for the quarter, beating analysts’ consensus estimates of $ 0.67 by $ 0.15. DuPont de Nemours had a net margin of 9.79% and a return on equity of 7.88%. The company had revenue of $ 3.27 billion in the quarter, compared to analysts’ estimates of $ 3.21 billion. In the same quarter last year, the business reported $ 0.91 EPS. The company’s revenues decreased by 17.7% on an annual basis. On average, sales analysts expect DuPont de Nemours, Inc. will report EPS 3.39 for the current fiscal year.
The company also recently unveiled a three-month dividend that was paid on Wednesday (June 15th). The record investors on Tuesday, May 31, received a dividend of $ 0.33. This represents a dividend of $ 1.32 on an annual basis and a yield of 2.25%. The date of the former dividend of this dividend was Friday, May 27. DuPont de Nemours’ dividend payout ratio is 44.15%.
Several research analysts weighed the shares of DD. Mizuho reduced its target price for DuPont de Nemours from $ 101.00 to $ 97.00 in a report on Wednesday, May 4th. KeyCorp lowered its target price for DuPont de Nemours from $ 99.00 to $ 96.00 and set a rating for the company’s “overweight” in a report on Tuesday, April 5th. Credit Suisse Group reduced its price target for DuPont de Nemours from $ 95.00 to $ 86.00 in a report on Wednesday, May 4. Jefferies Financial Group downgraded DuPont de Nemours from a buy rating to a hold rating and downgraded its share price target from $ 92.00 to $ 60.00 in a report on Thursday, June 16th. Finally, StockNews.com began covering DuPont de Nemours shares in a research report on Thursday, March 31st. They set a “retention” rating for the company. Four analysts rated the shares with a retention rating, and twelve gave a rating for the purchase of the company. According to MarketBeat, the shares currently have a consensus rating of “Moderate Buying” and an average target price of $ 90.13.
About DuPont de Nemours (Get a rating)
DuPont de Nemours, Inc. provides technology-based materials and solutions in the United States, Canada, the Asia-Pacific region, Latin America, Europe, the Middle East and Africa. It works in three segments: electronics and industry, mobility and materials, and water and protection. The Electronics & Industrial segment supplies materials and printing systems to the advanced printing industry; and semiconductor manufacturing materials and solutions and integrated circuits addressing the front and rear ends of the manufacturing process.
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