DowDuPont Inc (NYSE:DWDP) Shares Sold by QS Investors LLC

QS Investors LLC lowered its holdings in DowDuPont Inc (NYSE:DWDP) by 0.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 67,891 shares of the company’s stock after selling 616 shares during the quarter. QS Investors LLC’s holdings in DowDuPont were worth $3,631,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Manchester Capital Management LLC raised its stake in DowDuPont by 0.9% during the fourth quarter. Manchester Capital Management LLC now owns 21,747 shares of the company’s stock valued at $1,434,000 after buying an additional 191 shares during the last quarter. Kovack Advisors Inc. increased its holdings in shares of DowDuPont by 2.4% in the 4th quarter. Kovack Advisors Inc. now owns 8,372 shares of the company’s stock worth $448,000 after purchasing an additional 193 shares in the last quarter. Bogart Wealth LLC increased its holdings in shares of DowDuPont by 46.5% in the 4th quarter. Bogart Wealth LLC now owns 630 shares of the company’s stock worth $33,000 after purchasing an additional 200 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in shares of DowDuPont by 3.8% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 5,464 shares of the company’s stock worth $292,000 after purchasing an additional 200 shares in the last quarter. Finally, Cottage Street Advisors LLC increased its holdings in shares of DowDuPont by 0.4% in the 4th quarter. Cottage Street Advisors LLC now owns 56,473 shares of the company’s stock worth $3,020,000 after purchasing an additional 201 shares in the last quarter. Institutional investors and hedge funds own 69.45% of the company’s stock.

A number of analysts have commented on the company. BMO Capital Markets lifted their target price on DowDuPont from $66.00 to $67.00 and gave the stock an “outperform” rating in a report on Tuesday, February 26th. Royal Bank of Canada reduced their target price on DowDuPont to $64.00 and set a “top pick” rating for the company in a report on Tuesday, March 19th. Barclays reaffirmed a “hold” rating and issued a $62.00 price objective on shares of DowDuPont in a report on Tuesday, January 15th. Citigroup lowered DowDuPont from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $60.00 to $40.00 in a report on Tuesday, April 2nd. Finally, Cowen lowered DowDuPont from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $78.00 to $59.00 in a report on Wednesday, February 6th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $57.50.

NYSE:DWDP traded up $0.22 during mid-day trading on Friday, hitting $34.89. 14,818,858 shares of the company traded hands, compared to its average volume of 17,030,430. DowDuPont Inc has a one year low of $32.86 and a one year high of $48.34. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.33 and a current ratio of 2.01. The firm has a market capitalization of $81.26 billion, a PE ratio of 8.49, a P/E/G ratio of 1.75 and a beta of 1.29.

DowDuPont (NYSE:DWDP) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.14. DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. The business had revenue of $19.65 billion for the quarter, compared to the consensus estimate of $19.47 billion. During the same period in the previous year, the business earned $1.12 earnings per share. The business’s revenue was down 8.7% on a year-over-year basis. Equities analysts forecast that DowDuPont Inc will post 2.19 earnings per share for the current fiscal year.

The firm also recently disclosed 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 is Thursday, May 2nd. DowDuPont’s payout ratio is 13.63%.

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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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