GTS Securities LLC Lowers Position in DuPont de Nemours, Inc. (NYSE:DD)

GTS Securities LLC reduced its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 96.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,650 shares of the basic materials company's stock after selling 90,316 shares during the period. GTS Securities LLC's holdings in DuPont de Nemours were worth $278,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DD. Hager Investment Management Services LLC purchased a new position in shares of DuPont de Nemours in the fourth quarter valued at $26,000. Aster Capital Management DIFC Ltd increased its position in shares of 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. Byrne Asset Management LLC bought a new stake in shares of DuPont de Nemours during the fourth quarter valued at about $29,000. Vision Financial Markets LLC purchased a new stake in shares of DuPont de Nemours in the fourth quarter worth about $31,000. Finally, Golden State Wealth Management LLC bought a new position in shares of DuPont de Nemours in the fourth quarter valued at approximately $33,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

DuPont de Nemours Price Performance

NYSE DD traded up $1.35 on Tuesday, reaching $67.43. 3,348,935 shares of the company's stock traded hands, compared to its average volume of 2,418,741. The stock has a market cap of $28.22 billion, a PE ratio of 40.38, a P/E/G ratio of 2.15 and a beta of 1.07. The stock has a 50-day simple moving average of $65.47 and a 200 day simple moving average of $74.20. DuPont de Nemours, Inc. has a 12 month low of $53.77 and a 12 month 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.

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

DuPont de Nemours Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Friday, May 30th. DuPont de Nemours's dividend payout ratio (DPR) is -863.16%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DD. BMO Capital Markets upped their target price on shares of DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Citigroup reduced their price target on shares of DuPont de Nemours from $95.00 to $74.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. KeyCorp increased their price objective on DuPont de Nemours from $81.00 to $85.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Wall Street Zen cut DuPont de Nemours from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Finally, Morgan Stanley lowered their price target on DuPont de Nemours from $94.00 to $80.00 and set an "equal weight" rating on the stock in a report on Monday, May 5th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, DuPont de Nemours presently has an average rating of "Moderate Buy" and a consensus price target of $85.92.

DuPont de Nemours Company 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.