NWQ Investment Management Company LLC decreased its stake in DowDuPont Inc (NYSE:DWDP) by 7.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 985,786 shares of the company’s stock after selling 75,724 shares during the quarter. DowDuPont makes up about 1.1% of NWQ Investment Management Company LLC’s investment portfolio, making the stock its 25th largest position. NWQ Investment Management Company LLC’s holdings in DowDuPont were worth $57,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in DWDP. Parsons Capital Management Inc. RI boosted its stake in DowDuPont by 1.2% in the second quarter. Parsons Capital Management Inc. RI now owns 63,602 shares of the company’s stock worth $4,193,000 after purchasing an additional 728 shares in the last quarter. SNS Financial Group LLC raised its position in shares of DowDuPont by 8.8% during the second quarter. SNS Financial Group LLC now owns 9,418 shares of the company’s stock worth $620,000 after acquiring an additional 763 shares during the last quarter. Ascension Asset Management LLC raised its position in shares of DowDuPont by 2.0% during the second quarter. Ascension Asset Management LLC now owns 38,303 shares of the company’s stock worth $2,525,000 after acquiring an additional 766 shares during the last quarter. Barrett Asset Management LLC raised its position in shares of DowDuPont by 1.0% during the second quarter. Barrett Asset Management LLC now owns 81,677 shares of the company’s stock worth $5,384,000 after acquiring an additional 771 shares during the last quarter. Finally, Wellington Shields & Co. LLC raised its position in shares of DowDuPont by 5.4% during the second quarter. Wellington Shields & Co. LLC now owns 15,607 shares of the company’s stock worth $1,029,000 after acquiring an additional 800 shares during the last quarter. 69.89% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently weighed in on the company. ValuEngine upgraded DowDuPont from a “sell” rating to a “hold” rating in a research report on Tuesday, August 28th. BMO Capital Markets set a $79.00 target price on DowDuPont and gave the stock a “buy” rating in a research report on Thursday, November 8th. Alembic Global Advisors set a $90.00 target price on DowDuPont and gave the stock a “buy” rating in a research report on Thursday, November 1st. Zacks Investment Research upgraded DowDuPont from a “sell” rating to a “hold” rating in a research report on Tuesday, November 13th. Finally, Deutsche Bank restated a “buy” rating and set a $72.00 target price on shares of DowDuPont in a research report on Friday, October 12th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $78.47.

NYSE DWDP traded up $1.09 on Friday, reaching $57.01. The company had a trading volume of 153,447 shares, compared to its average volume of 9,680,698. The company has a market capitalization of $131.57 billion, a PE ratio of 16.79, a P/E/G ratio of 1.36 and a beta of 1.51. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.27. DowDuPont Inc has a 52 week low of $51.32 and a 52 week high of $77.08.

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

The business 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 $0.38 dividend. The ex-dividend date is Thursday, November 29th. This represents a $1.52 dividend on an annualized basis and a yield of 2.67%. DowDuPont’s dividend payout ratio is presently 44.71%.

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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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