Brown Advisory Inc. Sells 33,044 Shares of DowDuPont Inc (DWDP)

Brown Advisory Inc. cut its stake in shares of DowDuPont Inc (NYSE:DWDP) by 1.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,307,161 shares of the company’s stock after selling 33,044 shares during the quarter. Brown Advisory Inc. owned approximately 0.10% of DowDuPont worth $146,989,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its holdings in DowDuPont by 4.5% in the 4th quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 16,298 shares of the company’s stock worth $1,232,000 after buying an additional 705 shares in the last quarter. Buckingham Asset Management LLC grew its holdings in DowDuPont by 3.7% in the 4th quarter. Buckingham Asset Management LLC now owns 20,036 shares of the company’s stock worth $1,427,000 after buying an additional 719 shares in the last quarter. Budros Ruhlin & Roe Inc. grew its holdings in DowDuPont by 22.9% in the 4th quarter. Budros Ruhlin & Roe Inc. now owns 3,895 shares of the company’s stock worth $277,000 after buying an additional 727 shares in the last quarter. Wayne Hummer Investments L.L.C. grew its holdings in DowDuPont by 4.0% in the 4th quarter. Wayne Hummer Investments L.L.C. now owns 20,135 shares of the company’s stock worth $1,434,000 after buying an additional 772 shares in the last quarter. Finally, Trust Co. of Vermont grew its holdings in DowDuPont by 1.7% in the 1st quarter. Trust Co. of Vermont now owns 45,723 shares of the company’s stock worth $2,913,000 after buying an additional 778 shares in the last quarter. 69.32% of the stock is owned by institutional investors.

A number of equities research analysts have weighed in on the company. MED restated a “buy” rating and issued a $90.00 target price on shares of DowDuPont in a research report on Tuesday, June 5th. Credit Suisse Group cut their target price on DowDuPont from $82.00 to $78.00 and set an “outperform” rating for the company in a research report on Friday, May 4th. Deutsche Bank cut their target price on DowDuPont from $84.00 to $76.00 and set a “buy” rating for the company in a research report on Friday, May 4th. Citigroup cut their target price on DowDuPont from $82.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, May 4th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $85.00 target price on shares of DowDuPont in a research report on Tuesday, April 17th. Five investment analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $81.13.

In other news, insider Andrew N. Liveris sold 100,000 shares of the stock in a transaction on Tuesday, June 12th. The stock was sold at an average price of $69.57, for a total value of $6,957,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Charles J. Kalil sold 19,841 shares of the stock in a transaction on Tuesday, June 5th. The shares were sold at an average price of $68.40, for a total value of $1,357,124.40. The disclosure for this sale can be found here. Insiders have sold a total of 518,095 shares of company stock valued at $35,702,234 in the last quarter. Insiders own 0.42% of the company’s stock.

Shares of NYSE:DWDP traded up $0.54 on Thursday, reaching $66.15. 6,815,506 shares of the company traded hands, compared to its average volume of 8,919,648. DowDuPont Inc has a fifty-two week low of $61.27 and a fifty-two week high of $77.08. The company has a market capitalization of $154.44 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 1.67 and a beta of 1.30. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.21 and a current ratio of 1.87.

DowDuPont (NYSE:DWDP) last announced its quarterly earnings data on Thursday, May 3rd. The company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.04. DowDuPont had a return on equity of 8.01% and a net margin of 2.37%. The company had revenue of $21.51 billion during the quarter, compared to the consensus estimate of $21.31 billion. The business’s revenue for the quarter was up 62.6% compared to the same quarter last year. research analysts forecast that DowDuPont Inc will post 4.18 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 14th. Stockholders of record on Friday, August 31st will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.30%. DowDuPont’s dividend payout ratio (DPR) is presently 44.71%.

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.

Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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