DowDuPont Inc (DWDP) Stake Lessened by FTB Advisors Inc.

FTB Advisors Inc. lowered its stake in shares of DowDuPont Inc (NYSE:DWDP) by 6.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,592 shares of the company’s stock after selling 2,031 shares during the quarter. FTB Advisors Inc.’s holdings in DowDuPont were worth $1,967,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of DWDP. Cascade Investment Advisors Inc. boosted its position in DowDuPont by 85.1% in the second quarter. Cascade Investment Advisors Inc. now owns 1,794 shares of the company’s stock valued at $118,000 after buying an additional 825 shares during the last quarter. Arlington Partners LLC boosted its position in DowDuPont by 334.8% in the 3rd quarter. Arlington Partners LLC now owns 1,948 shares of the company’s stock worth $125,000 after purchasing an additional 1,500 shares in the last quarter. SG3 Management LLC purchased a new stake in DowDuPont in the 2nd quarter worth approximately $132,000. D. Scott Neal Inc. purchased a new stake in DowDuPont in the 2nd quarter worth approximately $152,000. Finally, JNBA Financial Advisors boosted its position in DowDuPont by 291.0% in the 3rd quarter. JNBA Financial Advisors now owns 2,420 shares of the company’s stock worth $156,000 after purchasing an additional 1,801 shares in the last quarter. Hedge funds and other institutional investors own 68.61% of the company’s stock.

In other news, General Counsel Charles J. Kalil sold 100,645 shares of the company’s stock in a transaction that occurred 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.42% of the company’s stock.

Shares of DWDP stock opened at $56.97 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.64 and a quick ratio of 1.05. The company has a market cap of $132.68 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 1.37 and a beta of 1.48. DowDuPont Inc has a 1-year low of $51.32 and a 1-year high of $77.08.

DowDuPont (NYSE:DWDP) last announced its earnings results on Thursday, November 1st. The company reported $0.74 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate 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 business’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 EPS. On average, sell-side analysts forecast that DowDuPont Inc will post 4.14 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Thursday, November 29th. DowDuPont’s payout ratio is 44.71%.

DWDP has been the topic of several recent research reports. Nomura lowered DowDuPont from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $81.00 to $76.00 in a research report on Wednesday, September 26th. ValuEngine lowered DowDuPont from a “hold” rating to a “sell” rating in a research report on Friday, September 28th. BNP Paribas initiated coverage on DowDuPont in a research report on Tuesday, October 2nd. They issued a “neutral” rating and a $75.00 price objective on the stock. Citigroup lowered their price objective on DowDuPont from $81.00 to $79.00 and set a “buy” rating on the stock in a research report on Friday, September 21st. Finally, Deutsche Bank restated a “buy” rating and issued a $72.00 price objective 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 assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $78.47.

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DowDuPont Profile

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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