Parkside Financial Bank & Trust Grows Holdings in DowDuPont Inc (DWDP)

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Parkside Financial Bank & Trust boosted its position in shares of DowDuPont Inc (NYSE:DWDP) by 11.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,902 shares of the company’s stock after purchasing an additional 1,570 shares during the period. Parkside Financial Bank & Trust’s holdings in DowDuPont were worth $797,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bristlecone Advisors LLC boosted its stake in shares of DowDuPont by 40.9% during the 3rd quarter. Bristlecone Advisors LLC now owns 11,596 shares of the company’s stock worth $746,000 after buying an additional 3,365 shares during the last quarter. Tower Bridge Advisors boosted its stake in shares of DowDuPont by 4.1% during the 3rd quarter. Tower Bridge Advisors now owns 253,557 shares of the company’s stock worth $16,306,000 after buying an additional 10,091 shares during the last quarter. Rockland Trust Co. boosted its stake in shares of DowDuPont by 22.3% during the 4th quarter. Rockland Trust Co. now owns 9,380 shares of the company’s stock worth $502,000 after buying an additional 1,711 shares during the last quarter. JGP Wealth Management LLC boosted its stake in shares of DowDuPont by 3.2% during the 4th quarter. JGP Wealth Management LLC now owns 26,899 shares of the company’s stock worth $1,439,000 after buying an additional 832 shares during the last quarter. Finally, Peachtree Investment Advisors Inc. boosted its stake in shares of DowDuPont by 11.2% during the 4th quarter. Peachtree Investment Advisors Inc. now owns 33,604 shares of the company’s stock worth $1,797,000 after buying an additional 3,381 shares during the last quarter. Hedge funds and other institutional investors own 68.55% of the company’s stock.

Shares of DWDP stock opened at $54.59 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.01 and a quick ratio of 1.33. The company has a market cap of $127.14 billion, a price-to-earnings ratio of 13.28, a P/E/G ratio of 1.32 and a beta of 1.31. DowDuPont Inc has a 12-month low of $48.89 and a 12-month high of $74.12.

DowDuPont (NYSE:DWDP) last issued its quarterly earnings data on Thursday, January 31st. The company reported $0.88 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.01). The company had revenue of $20.10 billion for the quarter, compared to analyst estimates of $21.11 billion. DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. On average, sell-side analysts anticipate that DowDuPont Inc will post 4.1 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Thursday, February 28th will be given a dividend of $0.38 per share. The ex-dividend date is Wednesday, February 27th. This represents a $1.52 annualized dividend and a yield of 2.78%. DowDuPont’s dividend payout ratio (DPR) is presently 36.98%.

Several brokerages recently issued reports on DWDP. BMO Capital Markets set a $79.00 target price on shares of DowDuPont and gave the company a “buy” rating in a research note on Thursday, November 8th. JPMorgan Chase & Co. downgraded shares of DowDuPont from an “overweight” rating to a “neutral” rating in a research note on Friday, February 1st. Zacks Investment Research upgraded shares of DowDuPont from a “sell” rating to a “hold” rating in a research note on Monday, November 19th. Alembic Global Advisors set a $90.00 target price on shares of DowDuPont and gave the company a “buy” rating in a research note on Thursday, November 1st. Finally, DZ Bank downgraded shares of DowDuPont from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. Two 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 stock. The stock presently has an average rating of “Hold” and a consensus target price of $72.22.

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About DowDuPont

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company's Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control.

Read More: Debt-To-Equity Ratio

Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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