GWM Advisors LLC lifted its position in shares of DowDuPont Inc (NYSE:DWDP) by 17.1% during the fourth quarter, HoldingsChannel reports. The firm owned 43,137 shares of the company’s stock after acquiring an additional 6,299 shares during the period. GWM Advisors LLC’s holdings in DowDuPont were worth $3,242,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DWDP. Tradewinds Capital Management LLC bought a new stake in DowDuPont in the third quarter worth about $101,000. Winfield Associates Inc. bought a new stake in DowDuPont in the third quarter worth about $103,000. Peddock Capital Advisors LLC bought a new stake in DowDuPont in the third quarter worth about $106,000. AllSquare Wealth Management LLC bought a new stake in DowDuPont in the third quarter worth about $108,000. Finally, NewSquare Capital LLC bought a new stake in DowDuPont in the third quarter worth about $109,000. 69.54% of the stock is currently owned by institutional investors.
Several analysts have commented on DWDP shares. Morgan Stanley lifted their price objective on shares of DowDuPont from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 1st. Zacks Investment Research raised shares of DowDuPont from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Credit Suisse Group lifted their price objective on shares of DowDuPont from $79.00 to $82.00 and gave the stock an “outperform” rating in a research report on Friday, November 3rd. UBS Group lifted their price objective on shares of DowDuPont from $82.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $73.00 price objective on shares of DowDuPont in a research report on Friday, November 10th. Six investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $80.71.
DowDuPont Inc (DWDP) opened at $73.26 on Monday. The firm has a market cap of $170,624.22, a PE ratio of 20.93, a PEG ratio of 1.86 and a beta of 1.21. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.91 and a quick ratio of 1.26. DowDuPont Inc has a 12 month low of $59.29 and a 12 month high of $77.08.
DowDuPont (NYSE:DWDP) last posted its earnings results on Thursday, February 1st. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.16. The firm had revenue of $20.07 billion during the quarter, compared to the consensus estimate of $19.46 billion. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. The company’s revenue was up 54.1% compared to the same quarter last year. equities research analysts expect that DowDuPont Inc will post 4.14 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $1.52 annualized dividend and a dividend yield of 2.07%. DowDuPont’s payout ratio is 96.82%.
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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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