Budros Ruhlin & Roe Inc. Buys 727 Shares of DowDuPont Inc (DWDP)
Budros Ruhlin & Roe Inc. increased its stake in DowDuPont Inc (NYSE:DWDP) by 22.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,895 shares of the company’s stock after acquiring an additional 727 shares during the period. Budros Ruhlin & Roe Inc.’s holdings in DowDuPont were worth $277,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DWDP. Reliance Trust Co. of Delaware purchased a new position in shares of DowDuPont during the fourth quarter valued at approximately $4,284,000. Calamos Advisors LLC boosted its position in shares of DowDuPont by 33.6% during the fourth quarter. Calamos Advisors LLC now owns 1,279,670 shares of the company’s stock valued at $91,138,000 after buying an additional 322,023 shares during the period. Yorktown Management & Research Co Inc purchased a new position in shares of DowDuPont during the fourth quarter valued at approximately $1,781,000. Investors Research Corp purchased a new position in shares of DowDuPont during the fourth quarter valued at approximately $503,000. Finally, First Interstate Bank purchased a new position in shares of DowDuPont during the fourth quarter valued at approximately $7,488,000. Institutional investors own 70.55% of the company’s stock.
DWDP has been the subject of several recent analyst reports. Royal Bank of Canada restated a “buy” rating and set a $86.00 target price on shares of DowDuPont in a research report on Friday, December 8th. Barclays upgraded DowDuPont from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, January 31st. ValuEngine upgraded DowDuPont from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded DowDuPont from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research report on Tuesday, January 30th. Finally, Goldman Sachs Group initiated coverage on DowDuPont in a research report on Monday, December 4th. They set a “buy” rating for the company. Six equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $80.71.
Shares of DowDuPont Inc (DWDP) opened at $70.57 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $164,360.00 and a P/E ratio of 83.02. DowDuPont Inc has a twelve month low of $59.29 and a twelve month high of $77.08.
DowDuPont (NYSE:DWDP) last announced its quarterly earnings results on Thursday, February 1st. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.16. The firm had revenue of $20.07 billion during the quarter, compared to analyst estimates of $19.46 billion. DowDuPont had a return on equity of 8.21% and a net margin of 2.34%. The company’s revenue was up 54.1% compared to the same quarter last year. research analysts expect that DowDuPont Inc will post 4.14 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Tuesday, February 27th. DowDuPont’s dividend payout ratio (DPR) is 178.82%.
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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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