Universal Beteiligungs und Servicegesellschaft mbH Makes New $15.06 Million Investment in DuPont de Nemours, Inc. (NYSE:DD)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 197,512 shares of the basic materials company's stock, valued at approximately $15,060,000.

Several other hedge funds have also recently made changes to their positions in the stock. Hager Investment Management Services LLC bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $26,000. Aster Capital Management DIFC Ltd grew its position in DuPont de Nemours by 479.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after buying an additional 302 shares during the period. Vermillion Wealth Management Inc. bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $28,000. Byrne Asset Management LLC bought a new stake in DuPont de Nemours during the fourth quarter valued at approximately $29,000. Finally, Vision Financial Markets LLC bought a new position in shares of DuPont de Nemours in the fourth quarter worth approximately $31,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Trading Down 1.5%

Shares of DD traded down $1.00 during midday trading on Monday, hitting $65.80. The stock had a trading volume of 1,642,556 shares, compared to its average volume of 2,413,623. DuPont de Nemours, Inc. has a 1 year low of $53.77 and a 1 year high of $90.06. The firm has a market cap of $27.54 billion, a PE ratio of 39.39, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. 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's 50 day moving average is $65.86 and its 200 day moving average is $74.36.

DuPont de Nemours (NYSE:DD - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The basic materials company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.95 by $0.08. The company had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.05 billion. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. The firm's revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.79 EPS. As a group, analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.49%. The ex-dividend date is Friday, May 30th. DuPont de Nemours's payout ratio is -863.16%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Wells Fargo & Company dropped their price target on shares of DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. BMO Capital Markets upped their price target on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Morgan Stanley dropped their price target on shares of DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating for the company in a research report on Monday, May 5th. KeyCorp boosted their target price on shares of DuPont de Nemours from $81.00 to $85.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Finally, Wall Street Zen downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, DuPont de Nemours presently has an average rating of "Moderate Buy" and a consensus price target of $85.92.

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.