DowDuPont Inc (DWDP) Position Boosted by Halsey Associates Inc. CT

Halsey Associates Inc. CT boosted its stake in DowDuPont Inc (NYSE:DWDP) by 23.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,854 shares of the company’s stock after acquiring an additional 1,688 shares during the quarter. Halsey Associates Inc. CT’s holdings in DowDuPont were worth $631,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in shares of DowDuPont by 0.7% during the 4th quarter. BlackRock Inc. now owns 156,234,472 shares of the company’s stock valued at $11,127,020,000 after purchasing an additional 1,138,483 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of DowDuPont during the 3rd quarter valued at $2,095,726,000. Bank of New York Mellon Corp bought a new position in shares of DowDuPont during the 3rd quarter valued at $1,920,750,000. Geode Capital Management LLC raised its holdings in shares of DowDuPont by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 23,283,514 shares of the company’s stock valued at $1,654,570,000 after purchasing an additional 797,843 shares in the last quarter. Finally, Wells Fargo & Company MN bought a new position in shares of DowDuPont during the 3rd quarter valued at $1,111,269,000. Institutional investors own 70.45% of the company’s stock.

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Shares of NYSE:DWDP opened at $63.71 on Friday. The firm has a market capitalization of $148,382.05, a P/E ratio of 18.74, a PEG ratio of 1.62 and a beta of 1.24. DowDuPont Inc has a one year low of $59.29 and a one year high of $77.08. The company has a current ratio of 1.91, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29.

DowDuPont (NYSE:DWDP) last announced its earnings results on Thursday, February 1st. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.67 by $0.16. The firm had revenue of $20.07 billion for the quarter, compared to the consensus estimate of $19.46 billion. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. The company’s revenue for the quarter was up 54.1% compared to the same quarter last year. research analysts expect that DowDuPont Inc will post 4.14 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Wednesday, February 28th were issued a $0.38 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $1.52 annualized dividend and a yield of 2.39%. DowDuPont’s dividend payout ratio (DPR) is presently 44.71%.

DWDP has been the topic of a number of recent research reports. Goldman Sachs initiated coverage on shares of DowDuPont in a report on Monday, December 4th. They set a “buy” rating on the stock. Stephens initiated coverage on shares of DowDuPont in a report on Monday, December 4th. They set an “overweight” rating and a $83.00 price target on the stock. Royal Bank of Canada restated a “buy” rating and set a $86.00 price target on shares of DowDuPont in a report on Friday, December 8th. ValuEngine upgraded shares of DowDuPont from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Zacks Investment Research upgraded shares of DowDuPont from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a report on Tuesday, January 30th. Six equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. DowDuPont presently has a consensus rating of “Buy” and an average price target of $80.77.

In other DowDuPont news, General Counsel Charles J. Kalil sold 69,400 shares of the firm’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $72.66, for a total value of $5,042,604.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Ronald C. Edmonds sold 15,000 shares of the firm’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $71.83, for a total transaction of $1,077,450.00. The disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

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DowDuPont Company Profile

DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.

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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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