DowDuPont Inc (DWDP) Holdings Lifted by Cullinan Associates Inc.

Cullinan Associates Inc. lifted its holdings in shares of DowDuPont Inc (NYSE:DWDP) by 56.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,254 shares of the company’s stock after purchasing an additional 14,900 shares during the quarter. Cullinan Associates Inc.’s holdings in DowDuPont were worth $2,206,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of DWDP. Renaissance Technologies LLC lifted its position in DowDuPont by 143.2% in the 2nd quarter. Renaissance Technologies LLC now owns 653,935 shares of the company’s stock worth $43,107,000 after buying an additional 385,045 shares during the last quarter. Cove Street Capital LLC bought a new stake in DowDuPont in the 2nd quarter worth approximately $1,945,000. Osterweis Capital Management Inc. lifted its position in DowDuPont by 1.8% in the 2nd quarter. Osterweis Capital Management Inc. now owns 408,257 shares of the company’s stock worth $26,912,000 after buying an additional 7,350 shares during the last quarter. Van ECK Associates Corp bought a new stake in DowDuPont in the 2nd quarter worth approximately $3,228,000. Finally, Glen Harbor Capital Management LLC lifted its position in DowDuPont by 45.3% in the 2nd quarter. Glen Harbor Capital Management LLC now owns 269,280 shares of the company’s stock worth $17,751,000 after buying an additional 84,016 shares during the last quarter. 69.23% of the stock is owned by institutional investors.

Shares of DWDP stock opened at $55.28 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.64 and a debt-to-equity ratio of 0.27. DowDuPont Inc has a fifty-two week low of $48.89 and a fifty-two week high of $77.08. The company has a market capitalization of $129.54 billion, a price-to-earnings 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 earnings per share for the quarter, beating the Thomson Reuters’ 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 firm had revenue of $20.12 billion during the quarter, compared to the consensus estimate of $20.24 billion. During the same quarter in the previous year, the company posted $0.55 earnings per share. The business’s revenue was up 31.1% on a year-over-year basis. On average, equities analysts predict that DowDuPont Inc will post 4.14 EPS for the current year.

DWDP has been the subject of a number of recent research reports. Deutsche Bank restated a “buy” rating and issued a $72.00 target price on shares of DowDuPont in a research report on Friday, October 12th. Citigroup restated a “buy” rating and issued a $74.00 target price (down previously from $79.00) on shares of DowDuPont in a research report on Thursday, October 11th. Alembic Global Advisors set a $90.00 target price on DowDuPont and gave the stock a “buy” rating in a research report on Thursday, November 1st. BMO Capital Markets dropped their target price on DowDuPont from $80.00 to $76.00 and set a “buy” rating for the company in a research report on Friday, November 2nd. Finally, TheStreet downgraded DowDuPont from a “b-” rating to a “c+” rating in a research report on Thursday, November 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $78.47.

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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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Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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