Columbus Hill Capital Management L.P. lifted its stake in shares of DowDuPont Inc (NYSE:DWDP) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 333,093 shares of the company’s stock after acquiring an additional 3,500 shares during the quarter. DowDuPont accounts for 1.5% of Columbus Hill Capital Management L.P.’s portfolio, making the stock its 26th largest holding. Columbus Hill Capital Management L.P.’s holdings in DowDuPont were worth $23,723,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of DowDuPont by 6.2% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 11,695 shares of the company’s stock valued at $833,000 after purchasing an additional 681 shares in the last quarter. Outfitter Advisors LTD. lifted its holdings in shares of DowDuPont by 0.8% in the fourth quarter. Outfitter Advisors LTD. now owns 89,945 shares of the company’s stock valued at $6,406,000 after purchasing an additional 706 shares in the last quarter. Parsons Capital Management Inc. RI raised its holdings in shares of DowDuPont by 1.2% during the fourth quarter. Parsons Capital Management Inc. RI now owns 62,260 shares of the company’s stock worth $4,434,000 after acquiring an additional 719 shares in the last quarter. Buckingham Asset Management LLC raised its holdings in shares of DowDuPont by 3.7% during the fourth quarter. Buckingham Asset Management LLC now owns 20,036 shares of the company’s stock worth $1,427,000 after acquiring an additional 719 shares in the last quarter. Finally, Budros Ruhlin & Roe Inc. raised its holdings in shares of DowDuPont by 22.9% during the fourth quarter. Budros Ruhlin & Roe Inc. now owns 3,895 shares of the company’s stock worth $277,000 after acquiring an additional 727 shares in the last quarter. 70.55% of the stock is owned by institutional investors and hedge funds.
Several analysts recently issued reports on DWDP shares. Royal Bank of Canada reiterated a “buy” rating and set a $86.00 price objective on shares of DowDuPont in a report on Friday, December 8th. Barclays upgraded DowDuPont from an “underweight” rating to an “equal weight” rating in a report on Wednesday, January 31st. ValuEngine upgraded DowDuPont from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded DowDuPont from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a report on Tuesday, January 30th. Finally, Goldman Sachs started coverage on DowDuPont in a report on Monday, December 4th. They set a “buy” rating for the company. Six research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. DowDuPont currently has a consensus rating of “Buy” and a consensus price target of $80.71.
DowDuPont Inc (NYSE:DWDP) opened at $67.96 on Friday. The company has a current ratio of 1.91, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29. The company has a market cap of $158,280.39, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 1.73 and a beta of 1.24. DowDuPont Inc has a 1 year low of $64.01 and a 1 year high of $77.08.
DowDuPont (NYSE:DWDP) last posted its earnings results on Thursday, February 1st. The company reported $0.83 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.16. The firm had revenue of $20.07 billion for the quarter, compared to the consensus estimate of $19.46 billion. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. DowDuPont’s revenue was up 54.1% compared to the same quarter last year. equities analysts anticipate that DowDuPont Inc will post 4.13 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend was Tuesday, February 27th. DowDuPont’s payout ratio is 96.82%.
DowDuPont Company Profile
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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