Maryland Capital Management cut its holdings in DowDuPont Inc (NYSE:DWDP) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,915 shares of the company’s stock after selling 936 shares during the period. Maryland Capital Management’s holdings in DowDuPont were worth $4,908,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in DWDP. Tradewinds Capital Management LLC bought a new position in DowDuPont in the third quarter worth approximately $101,000. Winfield Associates Inc. bought a new position in DowDuPont in the third quarter worth approximately $103,000. Peddock Capital Advisors LLC bought a new position in DowDuPont in the third quarter worth approximately $106,000. AllSquare Wealth Management LLC bought a new position in DowDuPont in the third quarter worth approximately $108,000. Finally, NewSquare Capital LLC bought a new position in DowDuPont in the third quarter worth approximately $109,000. Institutional investors and hedge funds own 70.55% of the company’s stock.
Several research analysts have weighed in on DWDP shares. ValuEngine upgraded shares of DowDuPont from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research upgraded shares of DowDuPont from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a research report on Tuesday, January 30th. Royal Bank of Canada restated a “buy” rating and set a $86.00 price objective on shares of DowDuPont in a research report on Friday, December 8th. Jefferies Group restated a “buy” rating and set a $85.00 price objective on shares of DowDuPont in a research report on Friday, February 2nd. Finally, Nomura raised their price objective on shares of DowDuPont from $83.00 to $84.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Six equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $80.71.
DowDuPont Inc (NYSE DWDP) opened at $70.57 on Wednesday. The firm has a market cap of $166,152.48, a price-to-earnings ratio of 44.95, a P/E/G ratio of 1.81 and a beta of 1.24. DowDuPont Inc has a 52 week low of $59.29 and a 52 week high of $77.08. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.91.
DowDuPont (NYSE:DWDP) last posted its earnings results on Thursday, February 1st. The company reported $0.83 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.16. The company had revenue of $20.07 billion during the quarter, compared to analysts’ expectations of $19.46 billion. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. The firm’s revenue was up 54.1% compared to the same quarter last year. equities analysts predict that DowDuPont Inc will post 4.14 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be paid a dividend of $0.38 per share. The ex-dividend date is Tuesday, February 27th. This represents a $1.52 annualized dividend and a yield of 2.15%. DowDuPont’s payout ratio is 96.82%.
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DowDuPont Company Profile
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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