Jackson Hole Capital Partners LLC Acquires 463 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Jackson Hole Capital Partners LLC increased its holdings in DuPont de Nemours, Inc. (NYSE:DD) by 8.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,641 shares of the basic materials company’s stock after purchasing an additional 463 shares during the period. Jackson Hole Capital Partners LLC’s holdings in DuPont de Nemours were worth $434,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Peoples Bank KS purchased a new position in DuPont de Nemours in the third quarter worth about $25,000. Carmel Capital Partners LLC purchased a new position in DuPont de Nemours in the third quarter worth about $36,000. AlphaMark Advisors LLC purchased a new position in DuPont de Nemours in the fourth quarter worth about $41,000. Grove Bank & Trust boosted its position in DuPont de Nemours by 55.1% in the fourth quarter. Grove Bank & Trust now owns 529 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 188 shares during the last quarter. Finally, Arlington Trust Co LLC purchased a new position in DuPont de Nemours in the fourth quarter worth about $44,000. 73.96% of the stock is currently owned by institutional investors.

Insider Activity at DuPont de Nemours

In other DuPont de Nemours news, insider Michael G. Goss sold 2,354 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total transaction of $171,371.20. Following the completion of the transaction, the insider now owns 15,587 shares in the company, valued at $1,134,733.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is currently owned by corporate insiders.

DuPont de Nemours Price Performance

DD traded up $0.21 during trading on Friday, hitting $73.71. 2,144,784 shares of the company traded hands, compared to its average volume of 3,002,583. The company has a market cap of $30.82 billion, a PE ratio of 79.26, a P/E/G ratio of 2.42 and a beta of 1.40. The stock’s 50-day simple moving average is $73.23 and its two-hundred day simple moving average is $72.12. DuPont de Nemours, Inc. has a 1 year low of $61.14 and a 1 year high of $78.74. 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) last posted its earnings results on Tuesday, February 6th. The basic materials company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.02. The company had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $2.92 billion. DuPont de Nemours had a net margin of 3.51% and a return on equity of 6.12%. DuPont de Nemours’s quarterly revenue was down 6.6% on a year-over-year basis. During the same period last year, the company posted $0.89 earnings per share. As a group, sell-side analysts anticipate that DuPont de Nemours, Inc. will post 3.49 earnings per share for the current fiscal year.

DuPont de Nemours Announces Dividend

The business 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 dividend of $0.38 per share. 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 163.44%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. BMO Capital Markets lowered shares of 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 report on Wednesday, January 24th. StockNews.com raised shares of DuPont de Nemours from a “sell” rating to a “hold” rating in a research note on Wednesday, February 14th. TheStreet cut shares of DuPont de Nemours from a “b-” rating to a “c” rating in a research note on Tuesday, February 6th. Bank of America cut shares of DuPont de Nemours from a “buy” rating to an “underperform” rating and increased their price objective for the stock from $78.00 to $80.00 in a research note on Tuesday, January 16th. Finally, Barclays reduced their price objective on shares of DuPont de Nemours from $74.00 to $70.00 and set an “equal weight” rating for the company in a research note on Monday, February 12th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $77.90.

DuPont de Nemours 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.