Ausdal Financial Partners Inc. Sells 5,181 Shares of DowDuPont Inc (DWDP)

Ausdal Financial Partners Inc. cut its holdings in shares of DowDuPont Inc (NYSE:DWDP) by 47.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,676 shares of the company’s stock after selling 5,181 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in DowDuPont were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DWDP. Bogart Wealth LLC raised its position in shares of DowDuPont by 46.5% during the 4th quarter. Bogart Wealth LLC now owns 630 shares of the company’s stock worth $33,000 after acquiring an additional 200 shares in the last quarter. G&S Capital LLC grew its stake in DowDuPont by 116.8% during the 4th quarter. G&S Capital LLC now owns 657 shares of the company’s stock worth $35,000 after buying an additional 354 shares during the last quarter. Evolution Wealth Advisors LLC purchased a new position in DowDuPont during the 4th quarter worth approximately $38,000. Smith Asset Management Group LP grew its stake in DowDuPont by 112.5% during the 4th quarter. Smith Asset Management Group LP now owns 1,020 shares of the company’s stock worth $55,000 after buying an additional 540 shares during the last quarter. Finally, Tributary Capital Management LLC purchased a new position in DowDuPont during the 4th quarter worth approximately $60,000. Institutional investors and hedge funds own 69.37% of the company’s stock.

A number of research analysts recently issued reports on DWDP shares. Citigroup downgraded DowDuPont from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $60.00 to $40.00 in a research note on Tuesday, April 2nd. SunTrust Banks dropped their price target on DowDuPont to $41.00 and set a “positive” rating on the stock in a research note on Monday, April 8th. Barclays reiterated a “hold” rating and issued a $62.00 target price on shares of DowDuPont in a research note on Tuesday, January 15th. BMO Capital Markets lowered their target price on DowDuPont from $67.00 to $46.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 2nd. Finally, Zacks Investment Research downgraded DowDuPont from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $57.80.

Shares of NYSE DWDP traded down $0.20 during trading on Friday, reaching $39.00. The company had a trading volume of 7,169,621 shares, compared to its average volume of 15,036,733. DowDuPont Inc has a twelve month low of $16.30 and a twelve month high of $39.56. The stock has a market cap of $90.83 billion, a price-to-earnings ratio of 9.49, a price-to-earnings-growth ratio of 1.75 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 (NYSE:DWDP) last released its quarterly earnings results on Thursday, January 31st. The company reported $0.88 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.01). DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. The company had revenue of $20.10 billion during the quarter, compared to analyst estimates of $21.11 billion. As a group, analysts anticipate that DowDuPont Inc will post 2.23 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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