Tucker Asset Management LLC Sells 997 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Tucker Asset Management LLC reduced its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 16.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,155 shares of the basic materials company’s stock after selling 997 shares during the quarter. Tucker Asset Management LLC’s holdings in DuPont de Nemours were worth $393,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. United Bank grew its stake in DuPont de Nemours by 2.7% during the third quarter. United Bank now owns 11,015 shares of the basic materials company’s stock valued at $982,000 after acquiring an additional 290 shares in the last quarter. Larson Financial Group LLC lifted its stake in DuPont de Nemours by 87.5% in the third quarter. Larson Financial Group LLC now owns 812 shares of the basic materials company’s stock worth $72,000 after acquiring an additional 379 shares during the period. Fisher Asset Management LLC increased its holdings in DuPont de Nemours by 16.2% during the third quarter. Fisher Asset Management LLC now owns 4,900 shares of the basic materials company’s stock valued at $437,000 after buying an additional 684 shares during the period. D.A. Davidson & CO. lifted its position in shares of DuPont de Nemours by 0.5% during the third quarter. D.A. Davidson & CO. now owns 38,420 shares of the basic materials company’s stock valued at $3,424,000 after buying an additional 193 shares during the last quarter. Finally, Quantbot Technologies LP increased its position in shares of DuPont de Nemours by 83.5% during the third quarter. Quantbot Technologies LP now owns 25,069 shares of the basic materials company’s stock worth $2,234,000 after purchasing an additional 11,406 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

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

DuPont de Nemours Price Performance

Shares of DD opened at $74.00 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.22. DuPont de Nemours, Inc. has a twelve month low of $72.38 and a twelve month high of $90.06. The firm has a market capitalization of $30.94 billion, a price-to-earnings ratio of 44.31, a PEG ratio of 2.15 and a beta of 1.29. The firm’s fifty day simple moving average is $78.45 and its 200-day simple moving average is $80.74.

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

DuPont de Nemours Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a dividend of $0.41 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.22%. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. DuPont de Nemours’s dividend payout ratio (DPR) is currently 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.