Mutual Advisors LLC Trims Position in DowDuPont Inc (DWDP)

Mutual Advisors LLC decreased its stake in shares of DowDuPont Inc (NYSE:DWDP) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,872 shares of the company’s stock after selling 560 shares during the period. Mutual Advisors LLC’s holdings in DowDuPont were worth $849,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Manchester Capital Management LLC raised its holdings in DowDuPont by 0.9% during the 4th quarter. Manchester Capital Management LLC now owns 21,747 shares of the company’s stock worth $1,434,000 after purchasing an additional 191 shares during the last quarter. Kovack Advisors Inc. raised its holdings in DowDuPont by 2.4% during the 4th quarter. Kovack Advisors Inc. now owns 8,372 shares of the company’s stock worth $448,000 after purchasing an additional 193 shares during the last quarter. Bogart Wealth LLC raised its holdings in DowDuPont by 46.5% during the 4th quarter. Bogart Wealth LLC now owns 630 shares of the company’s stock worth $33,000 after purchasing an additional 200 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in DowDuPont by 3.8% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 5,464 shares of the company’s stock worth $292,000 after purchasing an additional 200 shares during the last quarter. Finally, Cottage Street Advisors LLC raised its holdings in DowDuPont by 0.4% during the 4th quarter. Cottage Street Advisors LLC now owns 56,473 shares of the company’s stock worth $3,020,000 after purchasing an additional 201 shares during the last quarter. Institutional investors and hedge funds own 69.37% of the company’s stock.

Shares of DWDP stock opened at $39.00 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.01 and a quick ratio of 1.33. The stock has a market capitalization of $90.83 billion, a PE ratio of 9.49, a P/E/G ratio of 1.75 and a beta of 1.28. DowDuPont Inc has a one year low of $16.30 and a one year high of $39.56.

DowDuPont (NYSE:DWDP) last announced its quarterly earnings results on Thursday, January 31st. The company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.01). The company had revenue of $20.10 billion during the quarter, compared to the consensus estimate of $21.11 billion. DowDuPont had a net margin of 4.47% and a return on equity of 9.59%. As a group, sell-side analysts expect that DowDuPont Inc will post 2.23 earnings per share for the current fiscal year.

Several analysts have weighed in on DWDP shares. Jefferies Financial Group dropped their price objective on DowDuPont from $66.00 to $62.00 and set a “buy” rating for the company in a report on Friday, March 29th. Bank of America set a $70.00 price objective on DowDuPont and gave the stock a “buy” rating in a report on Saturday, February 2nd. Argus dropped their price objective on DowDuPont from $81.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, February 5th. UBS Group assumed coverage on DowDuPont in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $45.00 price target for the company. Finally, DZ Bank cut DowDuPont from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $57.80.

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DowDuPont Profile

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company's Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control.

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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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