Mount Yale Investment Advisors LLC reduced its stake in shares of DowDuPont Inc (NYSE:DWDP) by 37.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,249 shares of the company’s stock after selling 1,981 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in DowDuPont were worth $214,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of DWDP. Argent Trust Co purchased a new stake in shares of DowDuPont in the fourth quarter valued at approximately $855,000. Cetera Advisor Networks LLC increased its position in shares of DowDuPont by 6.6% during the first quarter. Cetera Advisor Networks LLC now owns 46,930 shares of the company’s stock worth $2,988,000 after purchasing an additional 2,905 shares in the last quarter. Glen Harbor Capital Management LLC increased its position in shares of DowDuPont by 1.5% during the first quarter. Glen Harbor Capital Management LLC now owns 185,264 shares of the company’s stock worth $11,803,000 after purchasing an additional 2,784 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of DowDuPont during the first quarter worth approximately $314,000. Finally, Canandaigua National Bank & Trust Co. increased its position in shares of DowDuPont by 5.1% during the first quarter. Canandaigua National Bank & Trust Co. now owns 95,943 shares of the company’s stock worth $6,113,000 after purchasing an additional 4,698 shares in the last quarter. Institutional investors and hedge funds own 69.41% of the company’s stock.

In other DowDuPont news, General Counsel Charles J. Kalil sold 100,645 shares of the business’s stock in a transaction on Monday, August 27th. The stock was sold at an average price of $70.75, for a total transaction of $7,120,633.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Edward D. Breen acquired 29,580 shares of the stock in a transaction on Wednesday, August 8th. The shares were bought at an average cost of $67.61 per share, for a total transaction of $1,999,903.80. The disclosure for this purchase can be found here. Insiders own 0.42% of the company’s stock.

Several brokerages recently commented on DWDP. ValuEngine cut DowDuPont from a “hold” rating to a “sell” rating in a research report on Friday, August 3rd. UBS Group boosted their price target on DowDuPont from $86.00 to $88.00 and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Citigroup dropped their price target on DowDuPont from $81.00 to $79.00 and set a “buy” rating for the company in a research report on Friday. MED reiterated a “buy” rating and set a $90.00 price target on shares of DowDuPont in a research report on Tuesday, June 5th. Finally, Barclays dropped their price target on DowDuPont from $77.00 to $75.00 and set an “equal weight” rating for the company in a research report on Monday, August 6th. Four equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. DowDuPont presently has a consensus rating of “Buy” and a consensus target price of $81.80.

NYSE DWDP opened at $69.69 on Monday. The firm has a market cap of $162.31 billion, a price-to-earnings ratio of 20.50, a P/E/G ratio of 1.66 and a beta of 1.34. The company has a current ratio of 1.70, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27. DowDuPont Inc has a fifty-two week low of $61.27 and a fifty-two week high of $77.08.

DowDuPont (NYSE:DWDP) last released its quarterly earnings data on Thursday, August 2nd. The company reported $1.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.08. The company had revenue of $24.25 billion for the quarter, compared to analyst estimates of $23.71 billion. DowDuPont had a return on equity of 8.46% and a net margin of 2.62%. The business’s revenue for the quarter was up 75.3% compared to the same quarter last year. equities analysts anticipate that DowDuPont Inc will post 4.19 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 14th. Shareholders of record on Friday, August 31st were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date was Thursday, August 30th. DowDuPont’s dividend payout ratio (DPR) is currently 44.71%.

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.

Featured Article: What is the Ex-Dividend Date in Investing?

Want to see what other hedge funds are holding DWDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DowDuPont Inc (NYSE:DWDP).

Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

Receive News & Ratings for DowDuPont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DowDuPont and related companies with MarketBeat.com's FREE daily email newsletter.