North American Management Corp Acquires 538 Shares of DowDuPont Inc (DWDP)

North American Management Corp boosted its position in shares of DowDuPont Inc (NYSE:DWDP) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,294 shares of the company’s stock after acquiring an additional 538 shares during the quarter. North American Management Corp’s holdings in DowDuPont were worth $871,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DWDP. BerganKDV Wealth Management LLC grew its position in DowDuPont by 3.1% in the third quarter. BerganKDV Wealth Management LLC now owns 29,817 shares of the company’s stock worth $1,918,000 after acquiring an additional 892 shares in the last quarter. Novare Capital Management LLC boosted its holdings in shares of DowDuPont by 2.5% during the 3rd quarter. Novare Capital Management LLC now owns 108,776 shares of the company’s stock worth $6,995,000 after buying an additional 2,680 shares during the period. Gluskin Sheff & Assoc Inc. boosted its holdings in shares of DowDuPont by 31.6% during the 3rd quarter. Gluskin Sheff & Assoc Inc. now owns 1,394,058 shares of the company’s stock worth $89,652,000 after buying an additional 334,618 shares during the period. Vantage Investment Advisors LLC boosted its holdings in shares of DowDuPont by 5.6% during the 3rd quarter. Vantage Investment Advisors LLC now owns 87,429 shares of the company’s stock worth $5,598,000 after buying an additional 4,662 shares during the period. Finally, Kavar Capital Partners LLC bought a new stake in shares of DowDuPont during the 3rd quarter worth $2,569,000. Institutional investors own 69.37% of the company’s stock.

Several analysts recently issued reports on the stock. Bank of America downgraded shares of DowDuPont from a “buy” rating to a “neutral” rating and set a $44.00 price objective for the company. in a report on Tuesday, April 2nd. Morgan Stanley decreased their price objective on shares of DowDuPont from $70.00 to $43.00 and set an “overweight” rating for the company in a report on Tuesday, April 2nd. UBS Group started coverage on shares of DowDuPont in a research note on Wednesday, April 3rd. They set a “buy” rating and a $45.00 target price for the company. JPMorgan Chase & Co. cut shares of DowDuPont from an “overweight” rating to a “neutral” rating in a research note on Friday, February 1st. Finally, Jefferies Financial Group cut their target price on shares of DowDuPont from $66.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, March 29th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $59.00.

Shares of DowDuPont stock traded down $0.57 during mid-day trading on Monday, reaching $38.90. 7,412,900 shares of the stock were exchanged, compared to its average volume of 34,112,750. The stock has a market capitalization of $91.46 billion, a P/E ratio of 9.46, a price-to-earnings-growth ratio of 1.74 and a beta of 1.28. The company has a quick ratio of 1.33, a current ratio of 2.01 and a debt-to-equity ratio of 0.39. DowDuPont Inc has a fifty-two week low of $16.30 and a fifty-two week high of $39.53.

DowDuPont (NYSE:DWDP) last announced its earnings results on Thursday, January 31st. The company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.01). The firm had revenue of $20.10 billion for the quarter, compared to analyst estimates of $21.11 billion. DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. On average, equities analysts anticipate that DowDuPont Inc will post 2.23 earnings per share for the current year.

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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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