Keybank National Association OH reduced its position in shares of DowDuPont Inc (NYSE:DWDP) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,425,070 shares of the company’s stock after selling 39,969 shares during the period. Keybank National Association OH’s holdings in DowDuPont were worth $101,493,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tradewinds Capital Management LLC acquired a new position in DowDuPont during the third quarter worth about $101,000. Winfield Associates Inc. acquired a new position in DowDuPont during the third quarter worth about $103,000. Peddock Capital Advisors LLC acquired a new position in DowDuPont during the third quarter worth about $106,000. AllSquare Wealth Management LLC acquired a new position in DowDuPont during the third quarter worth about $108,000. Finally, NewSquare Capital LLC acquired a new position in DowDuPont during the third quarter worth about $109,000. 69.54% of the stock is owned by hedge funds and other institutional investors.
Shares of DowDuPont Inc (DWDP) opened at $73.26 on Friday. The company has a market cap of $167,526.63, a P/E ratio of 46.66, a PEG ratio of 1.83 and a beta of 1.21. 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 current ratio of 1.91 and a quick ratio of 1.26.
DowDuPont (NYSE:DWDP) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.67 by $0.16. The business had revenue of $20.07 billion for the quarter, compared to analyst estimates of $19.46 billion. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. The firm’s quarterly revenue was up 54.1% compared to the same quarter last year. sell-side analysts predict that DowDuPont Inc will post 4.14 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be given a $0.38 dividend. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $1.52 annualized dividend and a dividend yield of 2.07%. DowDuPont’s dividend payout ratio is presently 96.82%.
Several research analysts have weighed in on DWDP shares. UBS Group upped their target price on shares of DowDuPont from $75.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Morgan Stanley upped their target price on shares of DowDuPont from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of DowDuPont from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Credit Suisse Group upped their target price on shares of DowDuPont from $79.00 to $82.00 and gave the stock an “outperform” rating in a research report on Friday, November 3rd. Finally, SunTrust Banks restated a “hold” rating and set a $73.00 target price on shares of DowDuPont in a research report on Friday, November 10th. Six analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. DowDuPont has an average rating of “Buy” and a consensus target price of $80.71.
In related news, insider Andrew N. Liveris sold 29,723 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $71.50, for a total transaction of $2,125,194.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Andrew N. Liveris sold 187,402 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $72.23, for a total transaction of $13,536,046.46. The disclosure for this sale can be found here. Insiders sold 305,371 shares of company stock worth $21,918,009 over the last quarter. Company insiders own 0.89% of the company’s stock.
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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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