Bradley Foster & Sargent Inc. CT cut its stake in shares of DowDuPont Inc (NYSE:DWDP) by 2.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 126,307 shares of the company’s stock after selling 3,516 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in DowDuPont were worth $6,755,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in DWDP. Capital International Investors lifted its stake in DowDuPont by 217.7% in the third quarter. Capital International Investors now owns 31,674,850 shares of the company’s stock valued at $2,037,010,000 after acquiring an additional 21,705,299 shares during the last quarter. Rehmann Capital Advisory Group lifted its stake in DowDuPont by 6,180.2% in the third quarter. Rehmann Capital Advisory Group now owns 14,166,195 shares of the company’s stock valued at $2,517,979,000 after acquiring an additional 13,940,627 shares during the last quarter. Capital World Investors lifted its stake in DowDuPont by 2.6% in the third quarter. Capital World Investors now owns 131,628,818 shares of the company’s stock valued at $8,465,049,000 after acquiring an additional 3,387,817 shares during the last quarter. Morgan Stanley lifted its stake in DowDuPont by 7.6% in the third quarter. Morgan Stanley now owns 21,342,100 shares of the company’s stock valued at $1,372,513,000 after acquiring an additional 1,511,435 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in DowDuPont by 1,905.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,586,591 shares of the company’s stock valued at $84,851,000 after acquiring an additional 1,507,496 shares during the last quarter. 69.88% of the stock is currently owned by hedge funds and other institutional investors.
Shares of DowDuPont stock opened at $53.14 on Thursday. The company has a quick ratio of 1.33, a current ratio of 2.01 and a debt-to-equity ratio of 0.39. DowDuPont Inc has a 1-year low of $48.89 and a 1-year high of $74.12. The firm has a market capitalization of $124.28 billion, a PE ratio of 12.93, a PEG ratio of 1.26 and a beta of 1.31.
DowDuPont (NYSE:DWDP) last issued its quarterly earnings data on Thursday, January 31st. The company reported $0.88 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.01). DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. The firm had revenue of $20.10 billion during the quarter, compared to analyst estimates of $21.11 billion. As a group, analysts anticipate that DowDuPont Inc will post 4.1 EPS for the current year.
A number of research firms have issued reports on DWDP. Cowen cut shares of DowDuPont from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $78.00 to $59.00 in a research note on Wednesday, February 6th. Argus reduced their target price on shares of DowDuPont from $81.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, February 5th. Zacks Investment Research cut shares of DowDuPont from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. DZ Bank cut shares of DowDuPont from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. Finally, SunTrust Banks reduced their target price on shares of DowDuPont to $57.00 and set a “hold” rating for the company in a research note on Monday, February 4th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $72.22.
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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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