Darrell & King LLC lowered its position in shares of DowDuPont Inc (NYSE:DWDP) by 1.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 541,948 shares of the company’s stock after selling 6,004 shares during the period. DowDuPont accounts for approximately 5.0% of Darrell & King LLC’s investment portfolio, making the stock its 8th biggest holding. Darrell & King LLC’s holdings in DowDuPont were worth $34,853,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DWDP. Bristlecone Advisors LLC grew its position in DowDuPont by 40.9% during the third quarter. Bristlecone Advisors LLC now owns 11,596 shares of the company’s stock worth $746,000 after buying an additional 3,365 shares in the last quarter. Tower Bridge Advisors grew its position in DowDuPont by 4.1% during the third 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 in the last quarter. Berkshire Asset Management LLC PA grew its position in DowDuPont by 30.7% during the third quarter. Berkshire Asset Management LLC PA now owns 17,130 shares of the company’s stock worth $1,102,000 after buying an additional 4,019 shares in the last quarter. Neville Rodie & Shaw Inc. grew its position in DowDuPont by 4.6% during the third quarter. Neville Rodie & Shaw Inc. now owns 312,922 shares of the company’s stock worth $20,124,000 after buying an additional 13,692 shares in the last quarter. Finally, Patriot Wealth Management Inc. grew its position in DowDuPont by 2.2% during the third quarter. Patriot Wealth Management Inc. now owns 139,502 shares of the company’s stock worth $8,971,000 after buying an additional 3,012 shares in the last quarter. Institutional investors own 69.89% of the company’s stock.

NYSE DWDP opened at $56.49 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.05 and a current ratio of 1.64. DowDuPont Inc has a twelve month low of $51.32 and a twelve month high of $77.08. The firm has a market cap of $131.57 billion, a P/E ratio of 16.61, a PEG ratio of 1.36 and a beta of 1.51.

DowDuPont (NYSE:DWDP) last released its quarterly earnings data on Thursday, November 1st. The company reported $0.74 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.03. DowDuPont had a return on equity of 9.38% and a net margin of 2.45%. The company had revenue of $20.12 billion for the quarter, compared to the consensus estimate of $20.24 billion. During the same quarter last year, the business posted $0.55 EPS. DowDuPont’s revenue for the quarter was up 31.1% on a year-over-year basis. On average, analysts forecast that DowDuPont Inc will post 4.15 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 30th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Thursday, November 29th. DowDuPont’s dividend payout ratio (DPR) is 44.71%.

DWDP has been the topic of a number of analyst reports. ValuEngine raised DowDuPont from a “sell” rating to a “hold” rating in a research report on Tuesday, August 28th. Citigroup reduced their price target on DowDuPont from $81.00 to $79.00 and set a “buy” rating on the stock in a research report on Friday, September 21st. Nomura downgraded DowDuPont from a “buy” rating to a “neutral” rating and reduced their target price for the company from $81.00 to $76.00 in a report on Wednesday, September 26th. BNP Paribas assumed coverage on DowDuPont in a report on Tuesday, October 2nd. They issued a “neutral” rating and a $75.00 target price on the stock. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $72.00 target price on shares of DowDuPont in a report on Friday, October 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the stock. DowDuPont has an average rating of “Buy” and an average target price of $78.47.

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About DowDuPont

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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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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