Investors Buy DowDuPont Inc (DWDP) on Weakness

Investors bought shares of DowDuPont Inc (NASDAQ:DWDP) on weakness during trading hours on Friday. $214.84 million flowed into the stock on the tick-up and $97.86 million flowed out of the stock on the tick-down, for a money net flow of $116.98 million into the stock. Of all stocks tracked, DowDuPont had the 3rd highest net in-flow for the day. DowDuPont traded down ($0.51) for the day and closed at $72.54

Several brokerages have recently issued reports on DWDP. Nomura increased their price target on shares of DowDuPont from $77.00 to $82.00 and gave the stock a “buy” rating in a research report on Wednesday, September 13th. Citigroup Inc. increased their price target on shares of DowDuPont from $75.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, September 13th. HSBC Holdings plc began coverage on shares of DowDuPont in a research report on Tuesday, September 26th. They set a “hold” rating on the stock. Royal Bank Of Canada reissued a “buy” rating and set a $80.00 price target on shares of DowDuPont in a research report on Wednesday, October 11th. Finally, Zacks Investment Research cut shares of DowDuPont from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seventeen have given a buy rating to the company’s stock. DowDuPont currently has a consensus rating of “Buy” and a consensus price target of $79.59.

The stock’s market cap is $169.45 billion. The firm’s 50 day moving average is $69.91 and its 200 day moving average is $65.23.

A number of institutional investors have recently added to or reduced their stakes in DWDP. First Quadrant L P CA acquired a new position in DowDuPont during the 3rd quarter worth approximately $159,000. Osborne Partners Capital Management LLC acquired a new position in DowDuPont during the 3rd quarter worth approximately $205,000. Summit X LLC acquired a new position in DowDuPont during the 3rd quarter worth approximately $208,000. Westwood Management Corp IL acquired a new position in DowDuPont during the 3rd quarter worth approximately $213,000. Finally, Clearwater Capital Partners LLC acquired a new position in DowDuPont during the 3rd quarter worth approximately $219,000.

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DowDuPont Company Profile

DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, and a pipeline of germplasm, traits and crop protection.

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