South State Corp grew its position in DowDuPont Inc (NYSE:DWDP) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 267,010 shares of the company’s stock after acquiring an additional 13,229 shares during the period. DowDuPont comprises 1.8% of South State Corp’s portfolio, making the stock its 8th largest holding. South State Corp’s holdings in DowDuPont were worth $17,171,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Ruffer LLP boosted its holdings in DowDuPont by 22,779.8% during the second quarter. Ruffer LLP now owns 3,412,744 shares of the company’s stock worth $225,087,000 after buying an additional 3,397,828 shares in the last quarter. American Century Companies Inc. boosted its holdings in DowDuPont by 65.6% during the second quarter. American Century Companies Inc. now owns 2,228,118 shares of the company’s stock worth $146,878,000 after buying an additional 882,544 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in DowDuPont by 51.9% during the second quarter. CIBC Private Wealth Group LLC now owns 2,240,329 shares of the company’s stock worth $147,683,000 after buying an additional 765,757 shares in the last quarter. Ontario Teachers Pension Plan Board boosted its holdings in DowDuPont by 201.6% during the second quarter. Ontario Teachers Pension Plan Board now owns 902,513 shares of the company’s stock worth $59,494,000 after buying an additional 603,259 shares in the last quarter. Finally, Investec Asset Management LTD boosted its holdings in DowDuPont by 15.3% during the second quarter. Investec Asset Management LTD now owns 3,849,633 shares of the company’s stock worth $253,768,000 after buying an additional 509,513 shares in the last quarter. 68.61% of the stock is currently owned by institutional investors and hedge funds.

NYSE:DWDP opened at $57.80 on Tuesday. 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 capitalization of $137.85 billion, a PE ratio of 17.00, a PEG ratio of 1.43 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 posted its quarterly earnings data on Thursday, November 1st. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. The business 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 company’s revenue was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.55 earnings per share. Research analysts anticipate that DowDuPont Inc will post 4.14 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Thursday, November 29th. DowDuPont’s dividend payout ratio is presently 44.71%.

Several analysts have issued reports on DWDP shares. Barclays reduced their price target on shares of DowDuPont from $77.00 to $75.00 and set an “equal weight” rating on the stock in a report on Monday, August 6th. ValuEngine downgraded shares of DowDuPont from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. Citigroup reduced their price target on shares of DowDuPont to $67.00 and set a “buy” rating on the stock in a report on Monday, November 5th. They noted that the move was a valuation call. JPMorgan Chase & Co. reduced their price target on shares of DowDuPont from $75.00 to $65.00 and set an “overweight” rating on the stock in a report on Friday, November 2nd. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $72.00 price target on shares of DowDuPont in a report on Friday, October 12th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the company’s stock. DowDuPont has an average rating of “Buy” and a consensus price target of $78.47.

In other news, General Counsel Charles J. Kalil sold 100,645 shares of the business’s 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 Securities & Exchange Commission, which is accessible through this link. Insiders own 0.42% of the company’s stock.

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About DowDuPont

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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