BancorpSouth Bank Invests $212,000 in DowDuPont Inc (DWDP)

BancorpSouth Bank acquired a new stake in shares of DowDuPont Inc (NYSE:DWDP) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 2,979 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DWDP. Nationwide Fund Advisors acquired a new position in DowDuPont during the 3rd quarter worth about $71,079,000. First Trust Advisors LP acquired a new position in shares of DowDuPont in the 3rd quarter valued at about $10,214,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of DowDuPont in the 3rd quarter valued at about $35,930,000. 1ST Source Bank acquired a new position in shares of DowDuPont in the 3rd quarter valued at about $7,773,000. Finally, OLD National Bancorp IN acquired a new position in shares of DowDuPont in the 3rd quarter valued at about $4,125,000. 69.73% of the stock is currently owned by institutional investors.

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Shares of DowDuPont Inc (NYSE:DWDP) opened at $72.23 on Friday. DowDuPont Inc has a 12-month low of $64.01 and a 12-month high of $77.08. The company has a market capitalization of $168,230.00 and a PE ratio of 84.98. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.91 and a quick ratio of 1.26.

DowDuPont (NYSE:DWDP) last issued its earnings results on Thursday, February 1st. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.16. DowDuPont had a return on equity of 8.21% and a net margin of 2.34%. The business had revenue of $20.07 billion during the quarter, compared to analyst estimates of $19.46 billion. DowDuPont’s revenue was up 54.1% compared to the same quarter last year. equities analysts anticipate that DowDuPont Inc will post 4.14 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Tuesday, February 27th. DowDuPont’s payout ratio is 178.82%.

A number of brokerages have recently issued reports on DWDP. ValuEngine raised DowDuPont from a “hold” rating to a “buy” rating in a research note on Wednesday. Jefferies Group reissued a “buy” rating and issued a $85.00 price objective on shares of DowDuPont in a research note on Friday, February 2nd. Zacks Investment Research downgraded DowDuPont from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays dropped their price objective on DowDuPont from $80.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Friday, February 2nd. Finally, Nomura boosted their price objective on DowDuPont from $83.00 to $84.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Six research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $80.71.

In other DowDuPont news, insider Andrew N. Liveris sold 78,582 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $71.00, for a total transaction of $5,579,322.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Charles J. Kalil sold 69,400 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $72.66, for a total value of $5,042,604.00. The disclosure for this sale can be found here. Insiders sold a total of 157,646 shares of company stock valued at $11,299,372 over the last ninety days. 0.89% of the stock is currently owned by corporate insiders.

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About DowDuPont

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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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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