BOK Financial Private Wealth Inc. Sells 858 Shares of DuPont de Nemours, Inc. (NYSE:DD)

BOK Financial Private Wealth Inc. lowered its stake in DuPont de Nemours, Inc. (NYSE:DD) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,777 shares of the basic materials company’s stock after selling 858 shares during the period. BOK Financial Private Wealth Inc.’s holdings in DuPont de Nemours were worth $669,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC purchased a new position in DuPont de Nemours in the fourth quarter worth about $26,000. Byrne Asset Management LLC bought a new position in DuPont de Nemours in the fourth quarter worth approximately $29,000. Vision Financial Markets LLC acquired a new position in shares of DuPont de Nemours during the fourth quarter worth $31,000. Ashton Thomas Securities LLC purchased a new stake in shares of DuPont de Nemours during the third quarter valued at $38,000. Finally, Golden State Wealth Management LLC purchased a new stake in DuPont de Nemours in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on DD shares. JPMorgan Chase & Co. cut their price objective 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. Wells Fargo & Company lowered their target price on shares of DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. UBS Group boosted their price target on shares of DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Wolfe Research raised shares of DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a research report on Friday, January 17th. Finally, StockNews.com cut shares of DuPont de Nemours from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $99.17.

DuPont de Nemours Price Performance

Shares of DD stock opened at $78.21 on Friday. The firm has a fifty day moving average of $78.15 and a two-hundred day moving average of $81.30. 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, Inc. has a 1-year low of $71.34 and a 1-year high of $90.06. The firm has a market cap of $32.70 billion, a P/E ratio of 46.83, a P/E/G ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. As a group, research analysts anticipate that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current fiscal year.

DuPont de Nemours Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a $0.41 dividend. This is an increase 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 of this dividend is Monday, March 3rd. DuPont de Nemours’s dividend payout ratio (DPR) is 98.20%.

About DuPont de Nemours

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.