DowDuPont Inc (DWDP) Stake Decreased by Roosevelt Investment Group Inc.

Roosevelt Investment Group Inc. reduced its position in DowDuPont Inc (NYSE:DWDP) by 1.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 177,098 shares of the company’s stock after selling 2,175 shares during the period. Roosevelt Investment Group Inc.’s holdings in DowDuPont were worth $11,389,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Bristlecone Advisors LLC boosted its stake in DowDuPont by 40.9% in the 3rd quarter. Bristlecone Advisors LLC now owns 11,596 shares of the company’s stock worth $746,000 after purchasing an additional 3,365 shares in the last quarter. Tower Bridge Advisors boosted its stake in DowDuPont by 4.1% in the 3rd quarter. Tower Bridge Advisors now owns 253,557 shares of the company’s stock worth $16,306,000 after purchasing an additional 10,091 shares in the last quarter. Neville Rodie & Shaw Inc. boosted its stake in DowDuPont by 4.6% in the 3rd quarter. Neville Rodie & Shaw Inc. now owns 312,922 shares of the company’s stock worth $20,124,000 after purchasing an additional 13,692 shares in the last quarter. Berkshire Asset Management LLC PA boosted its stake in DowDuPont by 30.7% in the 3rd quarter. Berkshire Asset Management LLC PA now owns 17,130 shares of the company’s stock worth $1,102,000 after purchasing an additional 4,019 shares in the last quarter. Finally, Patriot Wealth Management Inc. boosted its stake in DowDuPont by 2.2% in the 3rd quarter. Patriot Wealth Management Inc. now owns 139,502 shares of the company’s stock worth $8,971,000 after purchasing an additional 3,012 shares in the last quarter. Institutional investors and hedge funds own 68.61% of the company’s stock.

DWDP opened at $56.43 on Friday. DowDuPont Inc has a 12-month low of $51.32 and a 12-month high of $77.08. The company has a quick ratio of 1.05, a current ratio of 1.64 and a debt-to-equity ratio of 0.27. The company has a market cap of $131.43 billion, a price-to-earnings ratio of 16.60, a price-to-earnings-growth ratio of 1.36 and a beta of 1.48.

DowDuPont (NYSE:DWDP) last posted its earnings results on Thursday, November 1st. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.03. The firm had revenue of $20.12 billion during the quarter, compared to analyst estimates of $20.24 billion. DowDuPont had a net margin of 2.45% and a return on equity of 9.38%. The business’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.55 EPS. Analysts expect that DowDuPont Inc will post 4.14 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders 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 subject of a number of recent analyst reports. Citigroup lowered their target price on shares of DowDuPont from $81.00 to $79.00 and set a “buy” rating for the company in a research note on Friday, September 21st. Alembic Global Advisors set a $90.00 price target on shares of DowDuPont and gave the stock a “buy” rating in a research report on Thursday, November 1st. Deutsche Bank reissued a “buy” rating and set a $72.00 price target on shares of DowDuPont in a research report on Friday, October 12th. MED reissued a “buy” rating and set a $90.00 price target on shares of DowDuPont in a research report on Thursday, August 2nd. Finally, UBS Group raised their price target on shares of DowDuPont from $86.00 to $88.00 and gave the stock a “buy” rating in a research report on Thursday, August 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $78.47.

In other news, General Counsel Charles J. Kalil sold 100,645 shares of DowDuPont stock in a transaction that occurred on Monday, August 27th. The shares were 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 Securities & Exchange Commission, which is available through the SEC website. 0.42% of the stock is owned by insiders.

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DowDuPont Company 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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