Creative Financial Designs Inc. ADV Sells 176 Shares of DuPont de Nemours, Inc. (NYSE:DD)

Creative Financial Designs Inc. ADV cut its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 29.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 426 shares of the basic materials company’s stock after selling 176 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in DuPont de Nemours were worth $32,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Hager Investment Management Services LLC bought a new position in DuPont de Nemours during the 4th quarter worth approximately $26,000. Byrne Asset Management LLC purchased a new stake in DuPont de Nemours in the 4th quarter worth approximately $29,000. Vision Financial Markets LLC purchased a new stake in DuPont de Nemours in the 4th quarter worth approximately $31,000. Golden State Wealth Management LLC purchased a new stake in DuPont de Nemours in the 4th quarter worth approximately $33,000. Finally, Noble Wealth Management PBC purchased a new stake in DuPont de Nemours in the 4th quarter worth approximately $35,000. 73.96% of the stock is currently owned by institutional investors.

DuPont de Nemours Stock Down 2.2 %

DuPont de Nemours stock opened at $75.25 on Friday. The firm has a market cap of $31.46 billion, a price-to-earnings ratio of 45.06, a PEG ratio of 2.15 and a beta of 1.29. The stock has a fifty day simple moving average of $78.46 and a two-hundred day simple moving average of $80.91. DuPont de Nemours, Inc. has a 12 month low of $72.38 and a 12 month high of $90.06. 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 (NYSE:DD) last posted its 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 return on equity of 7.12% and a net margin of 5.47%. Equities analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.41 dividend. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.18%. DuPont de Nemours’s dividend payout ratio (DPR) is presently 98.20%.

Wall Street Analysts Forecast Growth

DD has been the subject of several research analyst reports. Citigroup increased their price objective on DuPont de Nemours from $88.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Wolfe Research upgraded DuPont de Nemours from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research note on Friday, January 17th. StockNews.com cut DuPont de Nemours from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. BMO Capital Markets raised their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. Finally, UBS Group raised their target price on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $99.17.

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.