B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund Sells 2,531 Shares of DowDuPont Inc (NYSE:DWDP)

B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund trimmed its holdings in shares of DowDuPont Inc (NYSE:DWDP) by 9.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,948 shares of the company’s stock after selling 2,531 shares during the period. B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund’s holdings in DowDuPont were worth $1,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Brown Advisory Inc. boosted its holdings in shares of DowDuPont by 48.0% in the 4th quarter. Brown Advisory Inc. now owns 3,742,629 shares of the company’s stock valued at $200,157,000 after buying an additional 1,214,501 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of DowDuPont by 36.3% in the 4th quarter. First Trust Advisors LP now owns 571,431 shares of the company’s stock valued at $30,560,000 after buying an additional 152,045 shares in the last quarter. Intersect Capital LLC boosted its holdings in shares of DowDuPont by 17.9% in the 4th quarter. Intersect Capital LLC now owns 29,564 shares of the company’s stock valued at $1,581,000 after buying an additional 4,482 shares in the last quarter. MUFG Securities EMEA plc boosted its holdings in shares of DowDuPont by 432.0% in the 4th quarter. MUFG Securities EMEA plc now owns 332,800 shares of the company’s stock valued at $17,798,000 after buying an additional 270,248 shares in the last quarter. Finally, Pineno Levin & Ford Asset Management Inc. boosted its holdings in shares of DowDuPont by 48.5% in the 4th quarter. Pineno Levin & Ford Asset Management Inc. now owns 79,522 shares of the company’s stock valued at $4,253,000 after buying an additional 25,960 shares in the last quarter. Institutional investors own 67.74% of the company’s stock.

A number of analysts have recently weighed in on DWDP shares. UBS Group started coverage on shares of DowDuPont in a report on Wednesday, April 3rd. They issued a “buy” rating and a $135.00 price target on the stock. Jefferies Financial Group lowered their price target on shares of DowDuPont from $198.00 to $186.00 and set a “buy” rating on the stock in a report on Friday, March 29th. Barclays lowered their price target on shares of DowDuPont from $174.00 to $111.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 7th. SunTrust Banks lowered their price target on shares of DowDuPont to $111.00 and set a “hold” rating on the stock in a report on Tuesday, May 7th. Finally, Nomura lowered their price target on shares of DowDuPont from $171.00 to $117.00 and set a “neutral” rating on the stock in a report 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. The company presently has an average rating of “Hold” and an average target price of $165.45.

DWDP stock opened at $75.08 on Monday. The company has a market capitalization of $168.66 billion, a P/E ratio of 18.27, a P/E/G ratio of 1.43 and a beta of 1.41. The company has a quick ratio of 1.14, a current ratio of 1.72 and a debt-to-equity ratio of 0.37. DowDuPont Inc has a 52 week low of $30.06 and a 52 week high of $48.34.

DowDuPont (NYSE:DWDP) last released its earnings results on Thursday, May 2nd. The company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $2.10 by $0.42. The company had revenue of $19.65 billion during the quarter, compared to analysts’ expectations of $19.47 billion. DowDuPont had a net margin of 3.88% and a return on equity of 9.05%. DowDuPont’s revenue for the quarter was down 8.7% on a year-over-year basis. During the same period last year, the business earned $3.36 EPS. As a group, equities research analysts forecast that DowDuPont Inc will post 2.14 EPS for the current fiscal year.

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About DowDuPont

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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