DowDuPont Inc (DWDP) Position Reduced by Mcdaniel Terry & Co.

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Mcdaniel Terry & Co. cut its holdings in DowDuPont Inc (NYSE:DWDP) by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,259 shares of the company’s stock after selling 244 shares during the period. Mcdaniel Terry & Co.’s holdings in DowDuPont were worth $281,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DWDP. Vanguard Group Inc. increased its position in shares of DowDuPont by 0.7% during the third quarter. Vanguard Group Inc. now owns 179,394,835 shares of the company’s stock worth $11,536,882,000 after acquiring an additional 1,236,916 shares during the period. Vanguard Group Inc increased its position in shares of DowDuPont by 0.7% during the third quarter. Vanguard Group Inc now owns 179,394,835 shares of the company’s stock worth $11,536,882,000 after acquiring an additional 1,236,916 shares during the period. Capital World Investors increased its position in shares of DowDuPont by 2.6% during the third quarter. Capital World Investors now owns 131,628,818 shares of the company’s stock worth $8,465,049,000 after acquiring an additional 3,387,817 shares during the period. Capital International Investors increased its position in shares of DowDuPont by 217.7% during the third quarter. Capital International Investors now owns 31,674,850 shares of the company’s stock worth $2,037,010,000 after acquiring an additional 21,705,299 shares during the period. Finally, Morgan Stanley increased its position in shares of DowDuPont by 7.6% during the third quarter. Morgan Stanley now owns 21,342,100 shares of the company’s stock worth $1,372,513,000 after acquiring an additional 1,511,435 shares during the period. Hedge funds and other institutional investors own 68.66% of the company’s stock.

NYSE:DWDP opened at $55.03 on Friday. The firm has a market capitalization of $128.17 billion, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 1.37 and a beta of 1.29. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.33 and a current ratio of 2.01. DowDuPont Inc has a 12 month low of $48.89 and a 12 month high of $71.93.

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). DowDuPont had a net margin of 4.47% and a return on equity of 9.59%. The company had revenue of $20.10 billion during the quarter, compared to analyst estimates of $21.11 billion. Analysts predict that DowDuPont Inc will post 4.05 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 paid a $0.38 dividend. The ex-dividend date of this dividend is Wednesday, February 27th. This represents a $1.52 annualized dividend and a yield of 2.76%. DowDuPont’s dividend payout ratio is presently 36.98%.

A number of analysts have recently weighed in on the company. 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 report on Tuesday, February 26th. Cowen lowered DowDuPont from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $78.00 to $59.00 in a research report on Wednesday, February 6th. Credit Suisse Group reissued an “outperform” rating and issued a $68.00 target price (down previously from $79.00) on shares of DowDuPont in a report on Friday, February 1st. Zacks Investment Research lowered DowDuPont from a “hold” rating to a “sell” rating in a report on Monday, February 4th. Finally, DZ Bank lowered DowDuPont from a “buy” rating to a “hold” rating in a report on Monday, February 4th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $72.28.

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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.

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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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