First Capital Advisors Group LLC. cut its holdings in shares of DowDuPont Inc (NYSE:DWDP) by 20.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,908 shares of the company’s stock after selling 2,091 shares during the quarter. First Capital Advisors Group LLC.’s holdings in DowDuPont were worth $423,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Manchester Capital Management LLC increased its holdings in shares of DowDuPont by 0.9% in the 4th quarter. Manchester Capital Management LLC now owns 21,747 shares of the company’s stock valued at $1,434,000 after acquiring an additional 191 shares during the last quarter. Kovack Advisors Inc. increased its holdings in shares of DowDuPont by 2.4% in the 4th quarter. Kovack Advisors Inc. now owns 8,372 shares of the company’s stock valued at $448,000 after acquiring an additional 193 shares during the last quarter. Bogart Wealth LLC increased its holdings in shares of DowDuPont by 46.5% in the 4th quarter. Bogart Wealth LLC now owns 630 shares of the company’s stock valued at $33,000 after acquiring an additional 200 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in shares of DowDuPont by 3.8% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 5,464 shares of the company’s stock valued at $292,000 after acquiring an additional 200 shares during the last quarter. Finally, Cottage Street Advisors LLC increased its holdings in shares of DowDuPont by 0.4% in the 4th quarter. Cottage Street Advisors LLC now owns 56,473 shares of the company’s stock valued at $3,020,000 after acquiring an additional 201 shares during the last quarter. Institutional investors own 68.66% of the company’s stock.
Shares of DWDP opened at $55.03 on Friday. The firm has a market cap of $130.26 billion, a P/E ratio of 13.39, a P/E/G ratio of 1.37 and a beta of 1.29. 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 12 month low of $48.89 and a 12 month high of $71.93.
The firm also recently declared 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 dividend on an annualized basis and a yield of 2.76%. DowDuPont’s dividend payout ratio (DPR) is presently 36.98%.
A number of brokerages have recently weighed in on DWDP. Zacks Investment Research upgraded DowDuPont from a “sell” rating to a “hold” rating in a report on Monday, November 19th. BMO Capital Markets upped their price objective on DowDuPont from $66.00 to $67.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 26th. Barclays restated a “hold” rating and set a $62.00 price objective on shares of DowDuPont in a research note on Tuesday, January 15th. Cowen downgraded DowDuPont from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $78.00 to $59.00 in a research note on Wednesday, February 6th. Finally, Credit Suisse Group restated an “outperform” rating and set a $68.00 price objective (down from $79.00) on shares of DowDuPont in a research note on Friday, February 1st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $72.28.
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.
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