Alpha Cubed Investments LLC cut its holdings in shares of DowDuPont Inc (NYSE:DWDP) by 92.9% in the 4th quarter, HoldingsChannel reports. The fund owned 18,641 shares of the company’s stock after selling 244,931 shares during the period. Alpha Cubed Investments LLC’s holdings in DowDuPont were worth $997,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Advisors Asset Management Inc. grew its position in DowDuPont by 4.8% in the 2nd quarter. Advisors Asset Management Inc. now owns 272,035 shares of the company’s stock worth $17,933,000 after purchasing an additional 12,478 shares in the last quarter. First Hawaiian Bank grew its position in DowDuPont by 125.1% in the 3rd quarter. First Hawaiian Bank now owns 14,361 shares of the company’s stock worth $923,000 after purchasing an additional 7,980 shares in the last quarter. Nisa Investment Advisors LLC grew its position in DowDuPont by 0.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 791,958 shares of the company’s stock worth $50,931,000 after purchasing an additional 2,508 shares in the last quarter. WoodTrust Financial Corp grew its position in DowDuPont by 3.5% in the 3rd quarter. WoodTrust Financial Corp now owns 30,648 shares of the company’s stock worth $1,971,000 after purchasing an additional 1,050 shares in the last quarter. Finally, Private Capital Advisors Inc. grew its position in DowDuPont by 3,252.2% in the 3rd quarter. Private Capital Advisors Inc. now owns 115,986 shares of the company’s stock worth $7,459,000 after purchasing an additional 112,526 shares in the last quarter. 69.88% of the stock is owned by institutional investors.
A number of equities research analysts have issued reports on DWDP shares. Barclays reaffirmed a “hold” rating and issued a $62.00 price objective on shares of DowDuPont in a research report on Tuesday, January 15th. Stephens downgraded shares of DowDuPont from an “overweight” rating to a “hold” rating and set a $63.00 price objective for the company. in a research report on Friday, October 19th. TheStreet downgraded shares of DowDuPont from a “b-” rating to a “c+” rating in a research report on Thursday, November 1st. JPMorgan Chase & Co. reduced their price objective on shares of DowDuPont from $75.00 to $65.00 and set an “overweight” rating for the company in a research report on Friday, November 2nd. Finally, Zacks Investment Research downgraded shares of DowDuPont from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company. DowDuPont has an average rating of “Hold” and an average target price of $72.22.
DowDuPont stock opened at $53.14 on Thursday. DowDuPont Inc has a twelve month low of $48.89 and a twelve month high of $74.12. The company has a market cap of $124.28 billion, a PE ratio of 12.93, a P/E/G ratio of 1.26 and a beta of 1.31. 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 (NYSE:DWDP) last released its earnings results on Thursday, January 31st. The company reported $0.88 earnings per share for the quarter, missing the Zacks’ 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 for the quarter, compared to the consensus estimate of $21.11 billion. On average, equities analysts expect that DowDuPont Inc will post 4.1 EPS for the current fiscal year.
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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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