DowDuPont Inc (NYSE:DWDP) Shares Sold by Oxbow Advisors LLC

Oxbow Advisors LLC trimmed its position in shares of DowDuPont Inc (NYSE:DWDP) by 5.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 17,641 shares of the company’s stock after selling 1,050 shares during the quarter. Oxbow Advisors LLC’s holdings in DowDuPont were worth $940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of DowDuPont in the 4th quarter worth $1,073,626,000. Oregon Public Employees Retirement Fund increased its stake in shares of DowDuPont by 5,163.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,415,618 shares of the company’s stock worth $251,000 after purchasing an additional 13,160,717 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of DowDuPont by 6.4% in the 4th quarter. Geode Capital Management LLC now owns 27,423,521 shares of the company’s stock worth $1,463,987,000 after purchasing an additional 1,648,165 shares in the last quarter. Macquarie Group Ltd. increased its stake in shares of DowDuPont by 13.3% in the 4th quarter. Macquarie Group Ltd. now owns 12,226,539 shares of the company’s stock worth $653,882,000 after purchasing an additional 1,438,375 shares in the last quarter. Finally, Ruffer LLP increased its stake in shares of DowDuPont by 36.0% in the 4th quarter. Ruffer LLP now owns 5,034,136 shares of the company’s stock worth $269,179,000 after purchasing an additional 1,331,837 shares in the last quarter. 67.74% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on DWDP shares. UBS Group started coverage on DowDuPont in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $135.00 price objective for the company. Jefferies Financial Group cut their price target on DowDuPont from $198.00 to $186.00 and set a “buy” rating for the company in a research note on Friday, March 29th. Barclays cut their price target on DowDuPont from $174.00 to $111.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 7th. SunTrust Banks cut their price target on DowDuPont to $111.00 and set a “hold” rating for the company in a research note on Tuesday, May 7th. Finally, Nomura cut their price target on DowDuPont from $171.00 to $117.00 and set a “neutral” rating for the company in a research note on Thursday, April 11th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company’s stock. DowDuPont presently has an average rating of “Hold” and an average price target of $165.45.

Shares of DWDP stock opened at $75.08 on Friday. DowDuPont Inc has a 52-week low of $30.06 and a 52-week high of $48.34. The company has a quick ratio of 1.14, a current ratio of 1.72 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $168.66 billion, a price-to-earnings ratio of 18.27, a price-to-earnings-growth ratio of 1.43 and a beta of 1.41.

DowDuPont (NYSE:DWDP) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $2.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.10 by $0.42. The business had revenue of $19.65 billion during the quarter, compared to analyst estimates of $19.47 billion. DowDuPont had a return on equity of 9.05% and a net margin of 3.88%. DowDuPont’s revenue for the quarter was down 8.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.36 EPS. Analysts expect that DowDuPont Inc will post 2.14 EPS for the current year.

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DowDuPont Company 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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