John G Ullman & Associates Inc. grew its position in shares of DowDuPont Inc (NYSE:DWDP) by 1,357.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 47,778 shares of the company’s stock after acquiring an additional 44,500 shares during the period. John G Ullman & Associates Inc.’s holdings in DowDuPont were worth $2,555,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the business. Ellis Investment Partners LLC bought a new stake in shares of DowDuPont in the 4th quarter worth approximately $707,000. Ocean Capital Management LLC bought a new stake in shares of DowDuPont in the 4th quarter worth approximately $493,000. Hudock Capital Group LLC boosted its position in shares of DowDuPont by 14.2% in the 4th quarter. Hudock Capital Group LLC now owns 8,164 shares of the company’s stock worth $433,000 after purchasing an additional 1,013 shares in the last quarter. Royal London Asset Management Ltd. bought a new stake in shares of DowDuPont in the 4th quarter worth approximately $52,029,000. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of DowDuPont by 19.4% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 15,374 shares of the company’s stock worth $822,000 after purchasing an additional 2,500 shares in the last quarter. Hedge funds and other institutional investors own 69.88% of the company’s stock.
A number of analysts have recently commented on the company. BMO Capital Markets set a $79.00 price target on DowDuPont and gave the stock a “buy” rating in a research report on Thursday, November 8th. Zacks Investment Research cut DowDuPont from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. Stephens cut DowDuPont from an “overweight” rating to a “hold” rating and set a $63.00 price target on the stock. in a research report on Friday, October 19th. TheStreet cut DowDuPont from a “b-” rating to a “c+” rating in a research report on Thursday, November 1st. Finally, Citigroup dropped their price target on DowDuPont to $67.00 and set a “buy” rating on the stock in a research report on Monday, November 5th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $72.22.
DowDuPont (NYSE:DWDP) last released its quarterly earnings data on Thursday, January 31st. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.01). The business had revenue of $20.10 billion during the quarter, compared to the consensus estimate of $21.11 billion. DowDuPont had a net margin of 4.47% and a return on equity of 9.59%. As a group, analysts forecast that DowDuPont Inc will post 4.1 EPS for the current year.
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DowDuPont Company 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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