Coldstream Capital Management Inc. Sells 578 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Coldstream Capital Management Inc. decreased its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 4.7% in the fourth quarter, HoldingsChannel reports. The fund owned 11,619 shares of the basic materials company’s stock after selling 578 shares during the quarter. Coldstream Capital Management Inc.’s holdings in DuPont de Nemours were worth $886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morse Asset Management Inc grew its position in shares of DuPont de Nemours by 29.3% during the third quarter. Morse Asset Management Inc now owns 24,897 shares of the basic materials company’s stock worth $2,219,000 after purchasing an additional 5,642 shares in the last quarter. Tidal Investments LLC increased its position in shares of DuPont de Nemours by 10.7% during the 3rd quarter. Tidal Investments LLC now owns 32,061 shares of the basic materials company’s stock valued at $2,857,000 after purchasing an additional 3,096 shares during the last quarter. Synovus Financial Corp increased its position in shares of DuPont de Nemours by 2.5% during the 3rd quarter. Synovus Financial Corp now owns 36,538 shares of the basic materials company’s stock valued at $3,256,000 after purchasing an additional 905 shares during the last quarter. Franklin Resources Inc. increased its position in shares of DuPont de Nemours by 9.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company’s stock valued at $556,751,000 after purchasing an additional 570,703 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC bought a new position in shares of DuPont de Nemours during the 3rd quarter valued at approximately $203,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

Shares of NYSE DD opened at $65.69 on Tuesday. 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 12 month low of $53.77 and a 12 month high of $90.06. The company has a 50 day simple moving average of $71.07 and a two-hundred day simple moving average of $77.13. The stock has a market cap of $27.49 billion, a price-to-earnings ratio of 39.34, a PEG ratio of 2.15 and a beta of 1.25.

DuPont de Nemours (NYSE:DD) last announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating the consensus estimate 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, analysts predict that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.50%. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 3rd. DuPont de Nemours’s payout ratio is 98.20%.

Analyst Upgrades and Downgrades

DD has been the subject of a number of recent analyst reports. Wells Fargo & Company dropped their price objective on DuPont de Nemours from $105.00 to $81.00 and set an “overweight” rating for the company in a report on Wednesday, April 9th. JPMorgan Chase & Co. lowered their target price on DuPont de Nemours from $101.00 to $76.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Bank of America upgraded shares of DuPont de Nemours from an “underperform” rating to a “neutral” rating and reduced their target price for the stock from $80.00 to $75.00 in a report on Tuesday, April 15th. UBS Group lowered their price target on shares of DuPont de Nemours from $103.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Finally, Mizuho lowered their price target on shares of DuPont de Nemours from $100.00 to $80.00 and set an “outperform” rating on the stock in a report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and an average target price of $86.93.

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.