Xact Kapitalforvaltning AB lowered its holdings in DowDuPont Inc (NYSE:DWDP) by 14.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 214,491 shares of the company’s stock after selling 36,280 shares during the period. Xact Kapitalforvaltning AB’s holdings in DowDuPont were worth $13,794,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Parsons Capital Management Inc. RI raised its holdings in shares of DowDuPont by 1.2% during the second quarter. Parsons Capital Management Inc. RI now owns 63,602 shares of the company’s stock valued at $4,193,000 after buying an additional 728 shares during the last quarter. SNS Financial Group LLC raised its holdings in shares of DowDuPont by 8.8% during the second quarter. SNS Financial Group LLC now owns 9,418 shares of the company’s stock valued at $620,000 after buying an additional 763 shares during the last quarter. Ascension Asset Management LLC raised its holdings in shares of DowDuPont by 2.0% during the second quarter. Ascension Asset Management LLC now owns 38,303 shares of the company’s stock valued at $2,525,000 after buying an additional 766 shares during the last quarter. Barrett Asset Management LLC raised its holdings in shares of DowDuPont by 1.0% during the second quarter. Barrett Asset Management LLC now owns 81,677 shares of the company’s stock valued at $5,384,000 after buying an additional 771 shares during the last quarter. Finally, Trust Co. of Vermont raised its holdings in shares of DowDuPont by 1.7% during the first quarter. Trust Co. of Vermont now owns 45,723 shares of the company’s stock valued at $2,913,000 after buying an additional 778 shares during the last quarter. 69.43% of the stock is currently owned by hedge funds and other institutional investors.

NYSE DWDP opened at $57.49 on Friday. DowDuPont Inc has a 12 month low of $57.19 and a 12 month high of $77.08. The company has a current ratio of 1.70, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27. The company has a market cap of $136.43 billion, a P/E ratio of 15.14, a P/E/G ratio of 1.41 and a beta of 1.35.

DowDuPont (NYSE:DWDP) last posted its quarterly earnings data on Thursday, August 2nd. The company reported $1.37 EPS for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.08. DowDuPont had a net margin of 2.62% and a return on equity of 8.46%. The business had revenue of $24.25 billion for the quarter, compared to analyst estimates of $23.71 billion. The company’s quarterly revenue was up 75.3% compared to the same quarter last year. Sell-side analysts predict that DowDuPont Inc will post 4.16 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 30th will be paid a dividend of $0.38 per share. The ex-dividend date is Thursday, November 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.64%. DowDuPont’s dividend payout ratio is presently 44.71%.

A number of equities research analysts have recently weighed in on the company. Stephens cut DowDuPont from an “overweight” rating to a “hold” rating and set a $63.00 price target on the stock. in a report on Friday. Deutsche Bank reaffirmed a “buy” rating and set a $72.00 price target on shares of DowDuPont in a report on Friday, October 12th. Citigroup reaffirmed a “buy” rating and set a $74.00 price target (down previously from $79.00) on shares of DowDuPont in a report on Thursday, October 11th. BNP Paribas assumed coverage on DowDuPont in a report on Tuesday, October 2nd. They set a “neutral” rating and a $75.00 price target on the stock. Finally, ValuEngine cut DowDuPont from a “hold” rating to a “sell” rating in a report on Friday, September 28th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $79.06.

In other DowDuPont 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 value 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 purchased 29,580 shares of the firm’s stock in a transaction on Wednesday, August 8th. The stock was acquired at an average price of $67.61 per share, for a total transaction of $1,999,903.80. The disclosure for this purchase can be found here. 0.42% of the stock is owned by company insiders.

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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