Premier Asset Management LLC Acquires 19,695 Shares of DowDuPont Inc (DWDP)

Premier Asset Management LLC raised its holdings in DowDuPont Inc (NYSE:DWDP) by 127.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,164 shares of the company’s stock after buying an additional 19,695 shares during the period. Premier Asset Management LLC’s holdings in DowDuPont were worth $1,881,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DWDP. Vanguard Group Inc. raised its stake in DowDuPont by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 179,394,835 shares of the company’s stock worth $11,536,882,000 after acquiring an additional 1,236,916 shares in the last quarter. Vanguard Group Inc raised its stake in DowDuPont by 0.7% during the 3rd quarter. Vanguard Group Inc now owns 179,394,835 shares of the company’s stock worth $11,536,882,000 after acquiring an additional 1,236,916 shares in the last quarter. Geode Capital Management LLC raised its stake in DowDuPont by 6.4% during the 4th quarter. Geode Capital Management LLC now owns 27,423,521 shares of the company’s stock worth $1,463,987,000 after acquiring an additional 1,648,165 shares in the last quarter. Northern Trust Corp raised its stake in DowDuPont by 2.5% during the 4th quarter. Northern Trust Corp now owns 27,001,522 shares of the company’s stock worth $1,444,041,000 after acquiring an additional 659,376 shares in the last quarter. Finally, Morgan Stanley raised its stake in DowDuPont by 7.6% during the 3rd quarter. Morgan Stanley now owns 21,342,100 shares of the company’s stock worth $1,372,513,000 after acquiring an additional 1,511,435 shares in the last quarter. 69.37% of the stock is owned by institutional investors.

NYSE DWDP opened at $39.00 on Friday. The company has a current ratio of 2.01, a quick ratio of 1.33 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $90.83 billion, a price-to-earnings ratio of 9.49, a price-to-earnings-growth ratio of 1.74 and a beta of 1.28. DowDuPont Inc has a one year low of $16.30 and a one year high of $39.56.

DowDuPont (NYSE:DWDP) last issued its quarterly earnings results on Thursday, January 31st. The company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.01). DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. The firm had revenue of $20.10 billion for the quarter, compared to analyst estimates of $21.11 billion. Equities analysts anticipate that DowDuPont Inc will post 2.23 earnings per share for the current year.

DWDP has been the topic of several research analyst reports. Royal Bank of Canada cut their price target on shares of DowDuPont to $64.00 and set a “top pick” rating on the stock in a research note on Tuesday, March 19th. UBS Group initiated coverage on shares of DowDuPont in a research note on Wednesday, April 3rd. They set a “buy” rating and a $45.00 price target on the stock. SunTrust Banks cut their price target on shares of DowDuPont to $57.00 and set a “hold” rating on the stock in a research note on Monday, February 4th. Nomura cut their price target on shares of DowDuPont from $57.00 to $39.00 and set a “neutral” rating on the stock in a research note on Thursday, April 11th. Finally, JPMorgan Chase & Co. lowered shares of DowDuPont from an “overweight” rating to a “neutral” rating in a research note on Friday, February 1st. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have assigned a buy rating to the company. DowDuPont presently has a consensus rating of “Hold” and an average price target of $57.80.

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DowDuPont Profile

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company's Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control.

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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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