Intellectus Partners LLC Has $899,000 Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Intellectus Partners LLC lifted its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 9.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,786 shares of the basic materials company’s stock after purchasing an additional 1,036 shares during the period. Intellectus Partners LLC’s holdings in DuPont de Nemours were worth $899,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Van ECK Associates Corp boosted its stake in shares of DuPont de Nemours by 0.6% during the 3rd quarter. Van ECK Associates Corp now owns 63,113 shares of the basic materials company’s stock worth $5,326,000 after acquiring an additional 391 shares in the last quarter. Concurrent Investment Advisors LLC lifted its holdings in DuPont de Nemours by 11.6% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 15,365 shares of the basic materials company’s stock worth $1,369,000 after purchasing an additional 1,594 shares during the last quarter. WoodTrust Financial Corp acquired a new position in DuPont de Nemours during the third quarter valued at approximately $206,000. Principal Financial Group Inc. grew its holdings in DuPont de Nemours by 4.6% during the third quarter. Principal Financial Group Inc. now owns 490,704 shares of the basic materials company’s stock valued at $43,727,000 after purchasing an additional 21,435 shares during the last quarter. Finally, Montecito Bank & Trust lifted its stake in shares of DuPont de Nemours by 17.6% in the third quarter. Montecito Bank & Trust now owns 3,311 shares of the basic materials company’s stock worth $295,000 after buying an additional 495 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Stock Down 0.7 %

Shares of DD stock opened at $78.21 on Friday. DuPont de Nemours, Inc. has a one year low of $71.29 and a one year high of $90.06. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The stock has a fifty day moving average price of $78.12 and a 200 day moving average price of $81.30. The stock has a market cap of $32.70 billion, a P/E ratio of 46.83, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share for the quarter, beating 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%. Analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a $0.41 dividend. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Monday, March 3rd. DuPont de Nemours’s dividend payout ratio is currently 98.20%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DD shares. Royal Bank of Canada lowered their target price on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. JPMorgan Chase & Co. decreased their price target on shares of DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. BMO Capital Markets lifted their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research note on Friday, January 17th. Finally, Citigroup lifted their price target on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, DuPont de Nemours has a consensus rating of “Moderate Buy” and a consensus target price of $99.17.

DuPont de Nemours 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.