Dorsey & Whitney Trust CO LLC increased its position in shares of DowDuPont Inc (NYSE:DWDP) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,287 shares of the company’s stock after acquiring an additional 1,192 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in DowDuPont were worth $2,441,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of DWDP. Nationwide Fund Advisors bought a new position in shares of DowDuPont during the 3rd quarter worth approximately $71,079,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of DowDuPont during the 3rd quarter worth approximately $35,930,000. Victory Capital Management Inc. purchased a new stake in DowDuPont during the 3rd quarter worth approximately $7,619,000. Conestoga Capital Advisors LLC purchased a new stake in DowDuPont during the 3rd quarter worth approximately $606,000. Finally, Conning Inc. purchased a new stake in DowDuPont during the 3rd quarter worth approximately $39,697,000. Hedge funds and other institutional investors own 70.55% of the company’s stock.
Shares of DowDuPont Inc (DWDP) opened at $70.57 on Wednesday. The company has a market cap of $166,152.48, a price-to-earnings ratio of 44.95, a PEG ratio of 1.81 and a beta of 1.24. The company has a quick ratio of 1.26, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. DowDuPont Inc has a twelve month low of $59.29 and a twelve month high of $77.08.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Tuesday, February 27th. DowDuPont’s dividend payout ratio (DPR) is currently 96.82%.
In other news, insider Andrew N. Liveris sold 9,664 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $70.10, for a total value of $677,446.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Charles J. Kalil sold 69,400 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $72.66, for a total transaction of $5,042,604.00. The disclosure for this sale can be found here. Insiders sold a total of 94,064 shares of company stock worth $6,797,500 over the last ninety days. Insiders own 0.89% of the company’s stock.
DWDP has been the topic of several research analyst reports. ValuEngine raised shares of DowDuPont from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Royal Bank of Canada reissued a “buy” rating and set a $86.00 target price on shares of DowDuPont in a research report on Friday, December 8th. Zacks Investment Research raised shares of DowDuPont from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research report on Tuesday, January 30th. Goldman Sachs Group initiated coverage on shares of DowDuPont in a research report on Monday, December 4th. They set a “buy” rating on the stock. Finally, Stephens initiated coverage on shares of DowDuPont in a research report on Monday, December 4th. They set an “overweight” rating and a $83.00 target price on the stock. Six research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. DowDuPont currently has a consensus rating of “Buy” and an average target price of $80.71.
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DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.
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