Wealthstreet Investment Advisors LLC reduced its stake in DowDuPont Inc (NYSE:DWDP) by 9.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 135,390 shares of the company’s stock after selling 13,906 shares during the period. DowDuPont comprises 1.1% of Wealthstreet Investment Advisors LLC’s investment portfolio, making the stock its 21st largest position. Wealthstreet Investment Advisors LLC’s holdings in DowDuPont were worth $7,870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently made changes to their positions in the company. Bogart Wealth LLC increased its stake in shares of DowDuPont by 46.5% during the fourth quarter. Bogart Wealth LLC now owns 630 shares of the company’s stock valued at $33,000 after buying an additional 200 shares during the period. G&S Capital LLC grew its stake in DowDuPont by 116.8% in the fourth quarter. G&S Capital LLC now owns 657 shares of the company’s stock worth $35,000 after purchasing an additional 354 shares during the period. Tributary Capital Management LLC purchased a new stake in DowDuPont in the fourth quarter worth $60,000. Financial Enhancement Group LLC grew its stake in DowDuPont by 551.8% in the third quarter. Financial Enhancement Group LLC now owns 1,486 shares of the company’s stock worth $96,000 after purchasing an additional 1,258 shares during the period. Finally, Cascade Investment Advisors Inc. grew its stake in DowDuPont by 14.3% in the fourth quarter. Cascade Investment Advisors Inc. now owns 2,050 shares of the company’s stock worth $110,000 after purchasing an additional 256 shares during the period. 69.88% of the stock is currently owned by institutional investors and hedge funds.
DowDuPont stock traded up $0.20 during mid-day trading on Monday, hitting $51.91. The company had a trading volume of 1,548,248 shares, compared to its average volume of 12,324,022. The company has a current ratio of 2.01, a quick ratio of 1.33 and a debt-to-equity ratio of 0.39. DowDuPont Inc has a 12 month low of $48.89 and a 12 month high of $74.12. The company has a market capitalization of $121.07 billion, a price-to-earnings ratio of 12.63, a price-to-earnings-growth ratio of 1.26 and a beta of 1.31.
DowDuPont (NYSE:DWDP) last released its earnings results on Thursday, January 31st. The company reported $0.88 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.01). DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. The company had revenue of $20.10 billion during the quarter, compared to the consensus estimate of $21.11 billion. On average, equities research analysts predict that DowDuPont Inc will post 4.1 EPS for the current year.
Several equities research analysts recently weighed in on DWDP shares. Barclays reaffirmed a “hold” rating and issued a $62.00 price target on shares of DowDuPont in a research note on Tuesday, January 15th. Stephens cut DowDuPont from an “overweight” rating to a “hold” rating and set a $63.00 price target on the stock. in a research note on Friday, October 19th. TheStreet cut DowDuPont from a “b-” rating to a “c+” rating in a research note on Thursday, November 1st. JPMorgan Chase & Co. reduced their price target on DowDuPont from $75.00 to $65.00 and set an “overweight” rating on the stock in a research note on Friday, November 2nd. Finally, Zacks Investment Research cut DowDuPont from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. DowDuPont currently has an average rating of “Hold” and an average target price of $72.22.
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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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