Peachtree Investment Advisors Inc. grew its position in DowDuPont Inc (NYSE:DWDP) by 11.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,604 shares of the company’s stock after purchasing an additional 3,381 shares during the period. DowDuPont comprises about 1.4% of Peachtree Investment Advisors Inc.’s holdings, making the stock its 24th largest position. Peachtree Investment Advisors Inc.’s holdings in DowDuPont were worth $1,797,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the business. Curbstone Financial Management Corp increased its holdings in shares of DowDuPont by 0.8% during the 4th quarter. Curbstone Financial Management Corp now owns 38,266 shares of the company’s stock valued at $2,046,000 after acquiring an additional 316 shares during the last quarter. Carroll Financial Associates Inc. increased its holdings in shares of DowDuPont by 0.5% during the 4th quarter. Carroll Financial Associates Inc. now owns 73,528 shares of the company’s stock valued at $4,026,000 after acquiring an additional 370 shares during the last quarter. Arlington Partners LLC increased its holdings in shares of DowDuPont by 28.7% during the 4th quarter. Arlington Partners LLC now owns 2,508 shares of the company’s stock valued at $134,000 after acquiring an additional 560 shares during the last quarter. Avitas Wealth Management LLC increased its holdings in shares of DowDuPont by 10.2% during the 3rd quarter. Avitas Wealth Management LLC now owns 6,327 shares of the company’s stock valued at $407,000 after acquiring an additional 587 shares during the last quarter. Finally, SNS Financial Group LLC increased its holdings in shares of DowDuPont by 8.8% during the 2nd quarter. SNS Financial Group LLC now owns 9,418 shares of the company’s stock valued at $620,000 after acquiring an additional 763 shares during the last quarter. 69.23% of the stock is currently owned by institutional investors.
Shares of DWDP stock traded down $0.13 during mid-day trading on Monday, reaching $55.15. The stock had a trading volume of 70,995 shares, compared to its average volume of 10,452,129. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.27. DowDuPont Inc has a one year low of $48.89 and a one year high of $77.08. The company has a market capitalization of $129.54 billion, a P/E ratio of 16.26, a P/E/G ratio of 1.17 and a beta of 1.37.
DowDuPont (NYSE:DWDP) last announced its quarterly earnings data on Thursday, November 1st. The company reported $0.74 EPS for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.03. DowDuPont had a return on equity of 9.38% and a net margin of 2.45%. The company had revenue of $20.12 billion during the quarter, compared to the consensus estimate of $20.24 billion. During the same quarter last year, the company earned $0.55 EPS. The company’s quarterly revenue was up 31.1% on a year-over-year basis. Sell-side analysts predict that DowDuPont Inc will post 4.14 earnings per share for the current fiscal year.
A number of analysts have issued reports on DWDP shares. Citigroup lowered their target price on DowDuPont from $81.00 to $79.00 and set a “buy” rating on the stock in a report on Friday, September 21st. Nomura lowered DowDuPont from a “buy” rating to a “neutral” rating and lowered their target price for the company from $81.00 to $76.00 in a report on Wednesday, September 26th. ValuEngine lowered DowDuPont from a “hold” rating to a “sell” rating in a report on Friday, September 28th. BNP Paribas started coverage on DowDuPont in a report on Tuesday, October 2nd. They issued a “neutral” rating and a $75.00 target price on the stock. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $72.00 target price on shares of DowDuPont in a report on Friday, October 12th. One analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $78.47.
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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