Gotham Asset Management LLC Has $18.95 Million Stake in DowDuPont Inc (DWDP)

Gotham Asset Management LLC increased its position in shares of DowDuPont Inc (NYSE:DWDP) by 715.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 354,296 shares of the company’s stock after buying an additional 310,858 shares during the quarter. Gotham Asset Management LLC’s holdings in DowDuPont were worth $18,948,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in DWDP. Caxton Associates LP bought a new position in DowDuPont in the third quarter valued at about $218,000. Man Group plc grew its position in DowDuPont by 22.1% in the third quarter. Man Group plc now owns 90,683 shares of the company’s stock valued at $5,831,000 after acquiring an additional 16,395 shares during the last quarter. Thrivent Financial for Lutherans grew its position in DowDuPont by 1.4% in the third quarter. Thrivent Financial for Lutherans now owns 108,242 shares of the company’s stock valued at $6,961,000 after acquiring an additional 1,540 shares during the last quarter. Mutual Advisors LLC grew its position in DowDuPont by 11.3% in the third quarter. Mutual Advisors LLC now owns 16,432 shares of the company’s stock valued at $1,057,000 after acquiring an additional 1,673 shares during the last quarter. Finally, Resources Management Corp CT ADV bought a new position in DowDuPont in the third quarter valued at about $2,323,000. 69.37% of the stock is currently owned by hedge funds and other institutional investors.

DowDuPont stock opened at $39.15 on Wednesday. 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 company has a market capitalization of $90.60 billion, a P/E ratio of 9.53, a P/E/G 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 $39.53.

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

Several analysts have recently weighed in on DWDP shares. Barclays restated a “hold” rating and set a $62.00 price target on shares of DowDuPont in a report on Tuesday, January 15th. JPMorgan Chase & Co. cut DowDuPont from an “overweight” rating to a “neutral” rating in a report on Friday, February 1st. Credit Suisse Group restated an “outperform” rating and set a $68.00 price target (down from $79.00) on shares of DowDuPont in a report on Friday, February 1st. BMO Capital Markets reduced their price target on DowDuPont to $66.00 and set an “outperform” rating on the stock in a report on Friday, February 1st. Finally, Bank of America set a $70.00 price target on DowDuPont and gave the stock a “buy” rating in a report on Saturday, February 2nd. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price 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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