Sheaff Brock Investment Advisors LLC bought a new stake in DowDuPont Inc (NYSE:DWDP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 147,250 shares of the company’s stock, valued at approximately $10,194,000. DowDuPont comprises 1.3% of Sheaff Brock Investment Advisors LLC’s investment portfolio, making the stock its 10th largest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in shares of DowDuPont during the 3rd quarter worth approximately $2,095,726,000. Bank of New York Mellon Corp purchased a new position in shares of DowDuPont during the 3rd quarter worth approximately $1,920,750,000. Wells Fargo & Company MN purchased a new position in shares of DowDuPont during the 3rd quarter worth approximately $1,111,269,000. Third Point LLC purchased a new position in shares of DowDuPont during the 3rd quarter worth approximately $1,041,116,000. Finally, Dupont Capital Management Corp purchased a new position in shares of DowDuPont during the 3rd quarter worth approximately $884,806,000. 68.83% of the stock is owned by hedge funds and other institutional investors.

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A number of research firms recently weighed in on DWDP. Zacks Investment Research upgraded DowDuPont from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 1st. Royal Bank of Canada restated a “buy” rating and issued a $86.00 price target on shares of DowDuPont in a report on Friday, December 8th. UBS Group increased their target price on DowDuPont from $82.00 to $85.00 and gave the company a “buy” rating in a report on Friday, November 3rd. Morgan Stanley increased their target price on DowDuPont from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, November 1st. Finally, SunTrust Banks reiterated a “hold” rating and set a $73.00 target price on shares of DowDuPont in a report on Friday, November 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty have issued a buy rating to the company’s stock. DowDuPont currently has an average rating of “Buy” and an average target price of $80.21.

In other news, General Counsel Charles J. Kalil sold 78,895 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $71.00, for a total transaction of $5,601,545.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeanmarie F. Desmond sold 6,708 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $71.01, for a total value of $476,335.08. The disclosure for this sale can be found here. Insiders have sold 495,951 shares of company stock valued at $35,502,729 over the last 90 days. Insiders own 0.89% of the company’s stock.

DowDuPont Inc (NYSE:DWDP) opened at $75.87 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.01 and a quick ratio of 1.38. DowDuPont Inc has a 52-week low of $59.21 and a 52-week high of $77.08. The company has a market capitalization of $177,540.00 and a PE ratio of 37.03.

DowDuPont (NYSE:DWDP) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.55 EPS for the quarter, meeting the consensus estimate of $0.55. DowDuPont had a return on equity of 9.73% and a net margin of 5.01%. The company had revenue of $18.29 billion for the quarter, compared to analyst estimates of $18.24 billion. During the same period last year, the company posted $0.91 earnings per share. The firm’s revenue was up 7.6% compared to the same quarter last year. equities research analysts anticipate that DowDuPont Inc will post 3.32 EPS for the current fiscal year.

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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.

Institutional Ownership by Quarter for DowDuPont (NYSE:DWDP)

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