Sontag Advisory LLC Acquires New Position in DowDuPont Inc (NYSE:DWDP)

Sontag Advisory LLC purchased a new position in shares of DowDuPont Inc (NYSE:DWDP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,846 shares of the company’s stock, valued at approximately $99,000.

Several other large investors also recently made changes to their positions in DWDP. Manchester Capital Management LLC boosted its position in shares of 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 purchasing an additional 191 shares in the last quarter. Kovack Advisors Inc. lifted its position in DowDuPont by 2.4% in the 4th quarter. Kovack Advisors Inc. now owns 8,372 shares of the company’s stock valued at $448,000 after acquiring an additional 193 shares in the last quarter. Bogart Wealth LLC lifted its position in DowDuPont by 46.5% in the 4th quarter. Bogart Wealth LLC now owns 630 shares of the company’s stock valued at $33,000 after acquiring an additional 200 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its position in DowDuPont by 3.8% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 5,464 shares of the company’s stock valued at $292,000 after acquiring an additional 200 shares in the last quarter. Finally, Cottage Street Advisors LLC increased its stake in DowDuPont by 0.4% in the 4th quarter. Cottage Street Advisors LLC now owns 56,473 shares of the company’s stock valued at $3,020,000 after buying an additional 201 shares during the last quarter. Institutional investors own 69.18% of the company’s stock.

Shares of NYSE DWDP traded down $0.69 during midday trading on Thursday, hitting $30.99. 18,687,688 shares of the company traded hands, compared to its average volume of 17,240,262. DowDuPont Inc has a 12-month low of $30.82 and a 12-month high of $48.34. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.72 and a quick ratio of 1.14. The stock has a market capitalization of $81.26 billion, a P/E ratio of 7.54, a P/E/G ratio of 1.59 and a beta of 1.29.

DowDuPont (NYSE:DWDP) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.14. DowDuPont had a net margin of 3.88% and a return on equity of 9.05%. The company had revenue of $19.65 billion for the quarter, compared to analysts’ expectations of $19.47 billion. During the same quarter in the previous year, the company earned $1.12 earnings per share. DowDuPont’s quarterly revenue was down 8.7% on a year-over-year basis. Research analysts anticipate that DowDuPont Inc will post 2.19 earnings per share for the current year.

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, April 26th will be paid a dividend of $0.14 per share. The ex-dividend date is Thursday, May 2nd. DowDuPont’s payout ratio is currently 13.63%.

Several brokerages have recently issued reports on DWDP. Barclays decreased their price target on shares of DowDuPont from $58.00 to $37.00 and set an “equal weight” rating for the company in a research note on Tuesday. SunTrust Banks decreased their price target on shares of DowDuPont to $37.00 and set a “hold” rating for the company in a research note on Tuesday. ValuEngine lowered shares of DowDuPont from a “sell” rating to a “strong sell” rating in a research note on Tuesday. Bank of America reiterated a “neutral” rating and issued a $40.00 price objective (down from $44.00) on shares of DowDuPont in a research note on Friday, May 3rd. Finally, BMO Capital Markets reduced their price objective on shares of DowDuPont from $46.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $56.05.

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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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