DowDuPont Inc (DWDP) Shares Bought by Ancora Advisors LLC

Ancora Advisors LLC increased its position in shares of DowDuPont Inc (NYSE:DWDP) by 16.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 166,764 shares of the company’s stock after acquiring an additional 23,957 shares during the period. Ancora Advisors LLC’s holdings in DowDuPont were worth $10,724,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in DWDP. Bristlecone Advisors LLC boosted its position in shares of DowDuPont by 40.9% in the 3rd quarter. Bristlecone Advisors LLC now owns 11,596 shares of the company’s stock valued at $746,000 after purchasing an additional 3,365 shares during the period. Tower Bridge Advisors boosted its position in shares of DowDuPont by 4.1% in the 3rd quarter. Tower Bridge Advisors now owns 253,557 shares of the company’s stock valued at $16,306,000 after purchasing an additional 10,091 shares during the period. Berkshire Asset Management LLC PA boosted its position in shares of DowDuPont by 30.7% in the 3rd quarter. Berkshire Asset Management LLC PA now owns 17,130 shares of the company’s stock valued at $1,102,000 after purchasing an additional 4,019 shares during the period. Neville Rodie & Shaw Inc. boosted its position in DowDuPont by 4.6% during the 3rd quarter. Neville Rodie & Shaw Inc. now owns 312,922 shares of the company’s stock worth $20,124,000 after acquiring an additional 13,692 shares during the period. Finally, Patriot Wealth Management Inc. boosted its position in DowDuPont by 2.2% during the 3rd quarter. Patriot Wealth Management Inc. now owns 139,502 shares of the company’s stock worth $8,971,000 after acquiring an additional 3,012 shares during the period. 68.61% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have commented on DWDP. Zacks Investment Research upgraded DowDuPont from a “sell” rating to a “hold” rating in a research report on Monday, November 19th. BMO Capital Markets set a $79.00 price objective on DowDuPont and gave the stock a “buy” rating in a research report on Thursday, November 8th. Citigroup decreased their price objective on DowDuPont to $67.00 and set a “buy” rating for the company in a research report on Monday, November 5th. They noted that the move was a valuation call. TheStreet lowered DowDuPont from a “b-” rating to a “c+” rating in a research report on Thursday, November 1st. Finally, JPMorgan Chase & Co. decreased their price objective on DowDuPont from $75.00 to $65.00 and set an “overweight” rating for the company in a research report on Friday, November 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $78.47.

Shares of DowDuPont stock opened at $57.85 on Monday. The stock has a market cap of $134.73 billion, a PE ratio of 17.01, a PEG ratio of 1.40 and a beta of 1.48. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.64 and a quick ratio of 1.05. DowDuPont Inc has a 52-week low of $51.32 and a 52-week high of $77.08.

DowDuPont (NYSE:DWDP) last announced its quarterly earnings results on Thursday, November 1st. The company reported $0.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.03. The business had revenue of $20.12 billion during the quarter, compared to analyst estimates of $20.24 billion. DowDuPont had a return on equity of 9.38% and a net margin of 2.45%. The firm’s revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 EPS. Equities analysts expect that DowDuPont Inc will post 4.14 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, November 29th. This represents a $1.52 annualized dividend and a dividend yield of 2.63%. DowDuPont’s dividend payout ratio is 44.71%.

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DowDuPont Profile

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses worldwide. The company's Agriculture segment develops and sells hybrid corn seed and soybean seed varieties; canola, cotton, sunflower, sorghum, wheat, and rice seeds; silage inoculants; and weed control, disease control, and insect control products.

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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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