Paragon Capital Management Ltd acquired a new stake in shares of DowDuPont Inc (NASDAQ:DWDP) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,585 shares of the company’s stock, valued at approximately $248,000.
Other institutional investors also recently bought and sold shares of the company. APG Asset Management N.V. bought a new position in shares of DowDuPont during the 3rd quarter valued at $257,365,000. Korea Investment CORP bought a new position in shares of DowDuPont during the 3rd quarter valued at $146,277,000. Strs Ohio bought a new position in shares of DowDuPont during the 3rd quarter valued at $105,984,000. Meyer Handelman Co. bought a new position in shares of DowDuPont during the 3rd quarter valued at $84,640,000. Finally, State of New Jersey Common Pension Fund D bought a new position in shares of DowDuPont during the 3rd quarter valued at $83,643,000.
Shares of DowDuPont Inc (NASDAQ:DWDP) opened at $71.16 on Monday. DowDuPont Inc has a twelve month low of $64.01 and a twelve month high of $73.85.
DowDuPont (NASDAQ:DWDP) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.55 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.55. The firm had revenue of $18.29 billion during the quarter, compared to the consensus estimate of $18.24 billion. DowDuPont’s revenue was up 7.6% on a year-over-year basis. During the same period last year, the business earned $0.91 EPS.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 15th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend is Tuesday, November 14th.
DWDP has been the topic of several recent research reports. Morgan Stanley reaffirmed an “overweight” rating and set a $77.00 target price on shares of DowDuPont in a report on Wednesday, September 6th. Susquehanna Bancshares Inc initiated coverage on shares of DowDuPont in a report on Tuesday, September 5th. They set a “positive” rating and a $80.00 target price on the stock. Nomura increased their target price on shares of DowDuPont from $77.00 to $82.00 and gave the company a “buy” rating in a report on Wednesday, September 13th. Edward Jones initiated coverage on shares of DowDuPont in a report on Friday, September 1st. They set a “hold” rating on the stock. Finally, J P Morgan Chase & Co initiated coverage on shares of DowDuPont in a report on Friday, September 15th. They set an “overweight” rating and a $80.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seventeen have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $80.12.
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, and a pipeline of germplasm, traits and crop protection.
Want to see what other hedge funds are holding DWDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DowDuPont Inc (NASDAQ:DWDP).
What are top analysts saying about DowDuPont Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for DowDuPont Inc and related companies.