Bray Capital Advisors cut its stake in shares of DowDuPont Inc (NYSE:DWDP) by 10.2% in the 1st quarter, Holdings Channel reports. The firm owned 4,848 shares of the company’s stock after selling 552 shares during the quarter. Bray Capital Advisors’ holdings in DowDuPont were worth $258,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of DWDP. PRW Wealth Management LLC bought a new stake in DowDuPont in the fourth quarter valued at approximately $26,000. Capital Financial Planning LLC bought a new stake in DowDuPont in the fourth quarter valued at approximately $36,000. Evolution Wealth Advisors LLC bought a new stake in DowDuPont in the fourth quarter valued at approximately $38,000. Covenant Multifamily Offices LLC bought a new stake in DowDuPont in the first quarter valued at approximately $40,000. Finally, Clarfeld Financial Advisors LLC bought a new stake in DowDuPont in the fourth quarter valued at approximately $43,000. 67.74% of the stock is owned by hedge funds and other institutional investors.

DowDuPont stock opened at $73.73 on Thursday. DowDuPont Inc has a one year low of $30.06 and a one year high of $48.34. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.14 and a current ratio of 1.72. The firm has a market cap of $165.63 billion, a price-to-earnings ratio of 17.94, a P/E/G ratio of 1.43 and a beta of 1.41.

DowDuPont (NYSE:DWDP) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $2.52 EPS for the quarter, topping the Zacks’ consensus estimate of $2.10 by $0.42. DowDuPont had a return on equity of 9.05% and a net margin of 3.88%. The firm had revenue of $19.65 billion for the quarter, compared to analyst estimates of $19.47 billion. During the same quarter last year, the company earned $3.36 EPS. The company’s revenue was down 8.7% on a year-over-year basis. Equities research analysts expect that DowDuPont Inc will post 2.14 earnings per share for the current fiscal year.

A number of equities analysts have recently weighed in on DWDP shares. Bank of America lowered DowDuPont from a “buy” rating to a “neutral” rating and set a $132.00 target price on the stock. in a research note on Tuesday, April 2nd. Morgan Stanley lowered their target price on DowDuPont from $210.00 to $129.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 2nd. SunTrust Banks lowered their target price on DowDuPont to $111.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. UBS Group started coverage on DowDuPont in a research note on Wednesday, April 3rd. They set a “buy” rating and a $135.00 target price on the stock. Finally, ValuEngine upgraded DowDuPont from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 1st. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $165.45.

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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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