S. R. Schill & Associates bought a new stake in DowDuPont Inc (NYSE:DWDP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,462 shares of the company’s stock, valued at approximately $1,030,000.
Other institutional investors have also added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of DowDuPont by 6.2% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 11,695 shares of the company’s stock worth $833,000 after buying an additional 681 shares during the last quarter. Outfitter Advisors LTD. increased its holdings in DowDuPont by 0.8% in the 4th quarter. Outfitter Advisors LTD. now owns 89,945 shares of the company’s stock valued at $6,406,000 after buying an additional 706 shares during the period. Parsons Capital Management Inc. RI increased its holdings in DowDuPont by 1.2% in the 4th quarter. Parsons Capital Management Inc. RI now owns 62,260 shares of the company’s stock valued at $4,434,000 after buying an additional 719 shares during the period. Hemenway Trust Co LLC increased its holdings in DowDuPont by 15.9% in the 4th quarter. Hemenway Trust Co LLC now owns 5,615 shares of the company’s stock valued at $400,000 after buying an additional 769 shares during the period. Finally, Savant Capital LLC increased its holdings in DowDuPont by 6.1% in the 4th quarter. Savant Capital LLC now owns 15,038 shares of the company’s stock valued at $1,071,000 after buying an additional 866 shares during the period. 69.54% of the stock is owned by institutional investors and hedge funds.
DowDuPont Inc (NYSE DWDP) traded up $0.10 during midday trading on Monday, reaching $71.95. 6,925,027 shares of the company’s stock traded hands, compared to its average volume of 9,088,627. DowDuPont Inc has a 1-year low of $59.29 and a 1-year high of $77.08. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.91. The stock has a market capitalization of $167,573.19, a P/E ratio of 45.83, a PEG ratio of 1.83 and a beta of 1.21.
DowDuPont (NYSE:DWDP) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.16. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. The business had revenue of $20.07 billion for the quarter, compared to analysts’ expectations of $19.46 billion. The firm’s revenue was up 54.1% compared to the same quarter last year. equities research analysts expect that DowDuPont Inc will post 4.14 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Tuesday, February 27th. DowDuPont’s dividend payout ratio is 96.82%.
Several research firms have commented on DWDP. Barclays decreased their target price on shares of DowDuPont from $80.00 to $79.00 and set an “equal weight” rating on the stock in a report on Friday, February 2nd. Nomura lifted their price target on shares of DowDuPont from $83.00 to $84.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Jefferies Group reaffirmed a “buy” rating and set a $85.00 price target on shares of DowDuPont in a report on Friday, February 2nd. Zacks Investment Research downgraded shares of DowDuPont from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Stephens started coverage on shares of DowDuPont in a research report on Monday, December 4th. They issued an “overweight” rating and a $83.00 price target on the stock. Six investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $80.71.
In related news, insider Andrew N. Liveris sold 9,664 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $70.10, for a total value of $677,446.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Andrew N. Liveris sold 49,449 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $71.63, for a total value of $3,542,031.87. The disclosure for this sale can be found here. Insiders sold 395,348 shares of company stock worth $28,358,199 in the last 90 days. Company insiders own 0.89% of the company’s stock.
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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, traits and crop protection.
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