Harel Insurance Investments & Financial Services Ltd. increased its stake in DowDuPont Inc (NYSE:DWDP) by 6.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,695 shares of the company’s stock after acquiring an additional 681 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in DowDuPont were worth $833,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Tradewinds Capital Management LLC purchased a new position in shares of DowDuPont during the third quarter valued at approximately $101,000. Winfield Associates Inc. purchased a new stake in shares of DowDuPont in the third quarter valued at approximately $103,000. Peddock Capital Advisors LLC purchased a new stake in shares of DowDuPont in the third quarter valued at approximately $106,000. AllSquare Wealth Management LLC purchased a new stake in shares of DowDuPont in the third quarter valued at approximately $108,000. Finally, NewSquare Capital LLC purchased a new stake in shares of DowDuPont in the third quarter valued at approximately $109,000. Institutional investors own 68.84% of the company’s stock.
A number of analysts recently issued reports on DWDP shares. Royal Bank of Canada reiterated a “buy” rating and issued a $80.00 price target on shares of DowDuPont in a report on Wednesday, October 11th. Credit Suisse Group reiterated an “outperform” rating and issued a $79.00 price target (up previously from $73.00) on shares of DowDuPont in a report on Thursday, October 12th. They noted that the move was a valuation call. UBS Group boosted their price target on DowDuPont from $75.00 to $82.00 and gave the company a “buy” rating in a report on Friday, October 27th. Morgan Stanley boosted their price target on DowDuPont from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded DowDuPont from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 1st. Six investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $80.71.
DowDuPont (NYSE:DWDP) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.16. The business had revenue of $20.07 billion for the quarter, compared to the consensus estimate of $19.46 billion. DowDuPont had a return on equity of 8.21% and a net margin of 2.34%. DowDuPont’s revenue was up 54.1% on a year-over-year basis. equities research analysts anticipate that DowDuPont Inc will post 4.17 EPS for the current year.
In other news, COO James C. Jr. Collins sold 15,000 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $71.11, for a total transaction of $1,066,650.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, General Counsel Charles J. Kalil sold 40,528 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $71.51, for a total value of $2,898,157.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 410,348 shares of company stock worth $29,424,849. Insiders own 0.89% of the company’s stock.
DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.
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