DowDuPont Inc (NYSE:DWDP) Holdings Reduced by Hancock Whitney Corp

Hancock Whitney Corp trimmed its holdings in shares of DowDuPont Inc (NYSE:DWDP) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,513 shares of the company’s stock after selling 1,870 shares during the period. Hancock Whitney Corp’s holdings in DowDuPont were worth $2,273,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of DWDP. Legal & General Group Plc boosted its stake in DowDuPont by 6.4% in the 4th quarter. Legal & General Group Plc now owns 10,614,260 shares of the company’s stock worth $567,638,000 after purchasing an additional 640,117 shares during the period. Wexford Capital LP acquired a new position in DowDuPont in the 4th quarter worth approximately $9,180,000. Halsey Associates Inc. CT boosted its stake in DowDuPont by 12.4% in the 4th quarter. Halsey Associates Inc. CT now owns 6,728 shares of the company’s stock worth $360,000 after purchasing an additional 741 shares during the period. BRYN MAWR TRUST Co boosted its stake in DowDuPont by 2.0% in the 4th quarter. BRYN MAWR TRUST Co now owns 358,249 shares of the company’s stock worth $19,159,000 after purchasing an additional 7,160 shares during the period. Finally, Howard Financial Services LTD. acquired a new position in DowDuPont in the 4th quarter worth approximately $262,000. Hedge funds and other institutional investors own 69.18% of the company’s stock.

DWDP has been the subject of a number of recent analyst reports. Barclays reaffirmed a “hold” rating and issued a $62.00 price objective on shares of DowDuPont in a research note on Tuesday, January 15th. JPMorgan Chase & Co. downgraded shares of DowDuPont from an “overweight” rating to a “neutral” rating in a research report on Friday, February 1st. Credit Suisse Group reiterated an “outperform” rating and issued a $68.00 target price (down previously from $79.00) on shares of DowDuPont in a research report on Friday, February 1st. BMO Capital Markets cut their target price on shares of 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 target price on shares of 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, twelve have given a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $56.00.

Shares of DowDuPont stock traded up $0.49 during midday trading on Friday, reaching $31.48. 18,546,009 shares of the company’s stock traded hands, compared to its average volume of 12,836,954. The company has a market capitalization of $72.18 billion, a P/E ratio of 7.66, a P/E/G ratio of 1.35 and a beta of 1.29. The company has a current ratio of 1.72, a quick ratio of 1.14 and a debt-to-equity ratio of 0.37. DowDuPont Inc has a 52 week low of $30.41 and a 52 week high of $48.34.

DowDuPont (NYSE:DWDP) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.14. The business had revenue of $19.65 billion for the quarter, compared to the consensus estimate of $19.47 billion. DowDuPont had a net margin of 3.88% and a return on equity of 9.05%. DowDuPont’s revenue for the quarter was down 8.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.12 EPS. On average, equities research analysts predict that DowDuPont Inc will post 2.29 earnings per share for the current year.

The company also recently announced a dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, April 26th will be issued 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%.

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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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