Carmichael Hill & Associates Inc. Purchases 594 Shares of DowDuPont Inc (DWDP)

Carmichael Hill & Associates Inc. boosted its position in DowDuPont Inc (NYSE:DWDP) by 3.6% during the 1st quarter, Holdings Channel reports. The firm owned 17,160 shares of the company’s stock after buying an additional 594 shares during the quarter. Carmichael Hill & Associates Inc.’s holdings in DowDuPont were worth $915,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of DWDP. PRW Wealth Management LLC bought a new stake in shares of DowDuPont during the 4th quarter worth about $26,000. Capital Financial Planning LLC bought a new stake in shares of DowDuPont during the 4th quarter worth about $36,000. Evolution Wealth Advisors LLC bought a new stake in shares of DowDuPont during the 4th quarter worth about $38,000. Clarfeld Financial Advisors LLC bought a new stake in shares of DowDuPont during the 4th quarter worth about $43,000. Finally, Pacific Center for Financial Services raised its position in shares of DowDuPont by 133.3% during the 4th quarter. Pacific Center for Financial Services now owns 952 shares of the company’s stock worth $51,000 after buying an additional 544 shares in the last quarter. Hedge funds and other institutional investors own 67.84% of the company’s stock.

A number of analysts have commented on the stock. Bank of America downgraded shares of DowDuPont from a “buy” rating to a “neutral” rating and set a $44.00 price target on the stock. in a research report on Tuesday, April 2nd. Morgan Stanley dropped their price target on shares of DowDuPont from $70.00 to $43.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 2nd. SunTrust Banks dropped their price target on shares of DowDuPont to $37.00 and set a “hold” rating on the stock in a research report on Tuesday, May 7th. UBS Group assumed coverage on shares of DowDuPont in a research report on Wednesday, April 3rd. They set a “buy” rating and a $45.00 price target on the stock. Finally, ValuEngine upgraded shares of DowDuPont from a “strong sell” rating to a “sell” rating in a research report on Wednesday, May 1st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $55.75.

Shares of DWDP opened at $31.08 on Friday. The company has a market capitalization of $72.39 billion, a PE ratio of 7.56, a price-to-earnings-growth ratio of 1.50 and a beta of 1.29. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.14 and a current ratio of 1.72. DowDuPont Inc has a 12-month low of $30.06 and a 12-month high of $48.34.

DowDuPont’s stock is scheduled to reverse split before the market opens on Saturday, June 1st. The 1-3 reverse split was announced on Thursday, May 16th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, May 31st.

DowDuPont (NYSE:DWDP) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.14. The company had revenue of $19.65 billion for the quarter, compared to analysts’ expectations of $19.47 billion. DowDuPont had a net margin of 3.88% and a return on equity of 9.05%. The business’s revenue was down 8.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS. As a group, research analysts forecast that DowDuPont Inc will post 2.14 EPS for the current fiscal year.

The company also recently announced a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Friday, April 26th will be given a $0.14 dividend. The ex-dividend date is Thursday, May 2nd. DowDuPont’s dividend payout ratio (DPR) is currently 13.63%.

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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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