Dana Investment Advisors Inc. Has $1.52 Million Stake in DowDuPont Inc (DWDP)

Dana Investment Advisors Inc. grew its stake in DowDuPont Inc (NYSE:DWDP) by 12.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,467 shares of the company’s stock after acquiring an additional 3,219 shares during the quarter. Dana Investment Advisors Inc.’s holdings in DowDuPont were worth $1,522,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Manchester Capital Management LLC grew its stake 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 buying an additional 191 shares during the last quarter. Kovack Advisors Inc. lifted its position 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 acquiring an additional 193 shares during the period. Bogart Wealth LLC lifted its position 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 acquiring an additional 200 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. lifted its position 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 acquiring an additional 200 shares during the period. Finally, Cottage Street Advisors LLC lifted its position 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 acquiring an additional 201 shares during the period. Institutional investors and hedge funds own 69.45% of the company’s stock.

NYSE:DWDP traded up $0.22 during trading hours on Friday, hitting $34.89. 14,818,858 shares of the stock were exchanged, compared to its average volume of 17,030,430. DowDuPont Inc has a 52-week low of $32.86 and a 52-week high of $48.34. The company has a current ratio of 2.01, a quick ratio of 1.33 and a debt-to-equity ratio of 0.39. The firm has a market cap of $81.26 billion, a P/E ratio of 8.49, a price-to-earnings-growth ratio of 1.75 and a beta of 1.29.

DowDuPont (NYSE:DWDP) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.14. 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 9.59% and a net margin of 4.47%. The business’s revenue was down 8.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.12 earnings per share. On average, research analysts forecast that DowDuPont Inc will post 2.19 earnings per share for the current year.

The business also recently declared a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Friday, April 26th will be given a $0.14 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. DowDuPont’s dividend payout ratio (DPR) is presently 13.63%.

A number of analysts have commented on DWDP shares. Barclays reaffirmed a “hold” rating and set a $62.00 price target on shares of DowDuPont in a research report on Tuesday, January 15th. JPMorgan Chase & Co. cut DowDuPont from an “overweight” rating to a “neutral” rating in a research report on Friday, February 1st. Credit Suisse Group reaffirmed an “outperform” rating and set a $68.00 price target (down previously from $79.00) on shares of DowDuPont in a research report on Friday, February 1st. BMO Capital Markets lowered their price target on DowDuPont to $66.00 and set an “outperform” rating for the company in a research report on Friday, February 1st. Finally, Bank of America set a $70.00 price target on DowDuPont and gave the stock a “buy” rating in a research report on Saturday, February 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $57.50.

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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.

Further Reading: Fiduciary

Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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