Bank Julius Baer & Co. Ltd Zurich Has $180,000 Stock Position in DuPont de Nemours, Inc. (NYSE:DD)

Bank Julius Baer & Co. Ltd Zurich lowered its position in DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 86.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,343 shares of the basic materials company's stock after selling 14,755 shares during the period. Bank Julius Baer & Co. Ltd Zurich's holdings in DuPont de Nemours were worth $180,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Peoples Bank KS purchased a new stake in DuPont de Nemours in the 3rd quarter worth approximately $25,000. Carmel Capital Partners LLC purchased a new stake in DuPont de Nemours in the 3rd quarter worth approximately $36,000. AlphaMark Advisors LLC purchased a new stake in DuPont de Nemours in the 4th quarter worth approximately $41,000. Grove Bank & Trust boosted its position in DuPont de Nemours by 55.1% in the 4th quarter. Grove Bank & Trust now owns 529 shares of the basic materials company's stock worth $41,000 after purchasing an additional 188 shares in the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in DuPont de Nemours in the 4th quarter worth approximately $44,000. Hedge funds and other institutional investors own 73.96% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on DD shares. StockNews.com upgraded DuPont de Nemours from a "sell" rating to a "hold" rating in a research report on Wednesday, February 14th. Wolfe Research initiated coverage on DuPont de Nemours in a research report on Friday, March 1st. They issued a "peer perform" rating on the stock. Bank of America downgraded DuPont de Nemours from a "buy" rating to an "underperform" rating and upped their target price for the stock from $78.00 to $80.00 in a research note on Tuesday, January 16th. TheStreet downgraded DuPont de Nemours from a "b-" rating to a "c" rating in a research note on Tuesday, February 6th. Finally, BMO Capital Markets downgraded DuPont de Nemours from an "outperform" rating to a "market perform" rating and reduced their target price for the stock from $80.00 to $72.00 in a research note on Wednesday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, DuPont de Nemours presently has an average rating of "Hold" and a consensus target price of $77.90.

DuPont de Nemours Price Performance

Shares of NYSE DD traded up $0.21 during trading on Friday, reaching $73.71. The company had a trading volume of 2,144,799 shares, compared to its average volume of 1,871,810. DuPont de Nemours, Inc. has a twelve month low of $61.14 and a twelve month high of $78.74. The stock has a market capitalization of $30.82 billion, a PE ratio of 79.26, a price-to-earnings-growth ratio of 2.42 and a beta of 1.40. The stock has a 50-day moving average price of $73.23 and a two-hundred day moving average price of $72.06. The company has a current ratio of 2.43, a quick ratio of 1.73 and a debt-to-equity ratio of 0.32.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.85 by $0.02. The firm had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.92 billion. DuPont de Nemours had a return on equity of 6.12% and a net margin of 3.51%. The business's quarterly revenue was down 6.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.89 earnings per share. As a group, sell-side analysts predict that DuPont de Nemours, Inc. will post 3.49 earnings per share for the current year.

DuPont de Nemours Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $1.52 annualized dividend and a yield of 2.06%. DuPont de Nemours's payout ratio is currently 163.44%.

Insider Activity at DuPont de Nemours

In related news, insider Michael G. Goss sold 2,354 shares of the company's stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $72.80, for a total value of $171,371.20. Following the completion of the transaction, the insider now directly owns 15,587 shares in the company, valued at $1,134,733.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.56% of the company's stock.

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.