Sabal Trust CO bought a new stake in DowDuPont Inc (NYSE:DWDP) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 19,420 shares of the company’s stock, valued at approximately $1,383,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in DWDP. Tradewinds Capital Management LLC acquired a new stake in DowDuPont during the 3rd quarter worth approximately $101,000. Winfield Associates Inc. acquired a new stake in DowDuPont during the 3rd quarter worth approximately $103,000. Peddock Capital Advisors LLC acquired a new stake in DowDuPont during the 3rd quarter worth approximately $106,000. AllSquare Wealth Management LLC acquired a new stake in DowDuPont during the 3rd quarter worth approximately $108,000. Finally, NewSquare Capital LLC acquired a new stake in DowDuPont during the 3rd quarter worth approximately $109,000. 68.94% of the stock is owned by hedge funds and other institutional investors.
In related news, General Counsel Charles J. Kalil sold 40,528 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $71.51, for a total value of $2,898,157.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Andrew N. Liveris sold 49,449 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $71.63, for a total value of $3,542,031.87. The disclosure for this sale can be found here. Insiders sold a total of 395,348 shares of company stock valued at $28,358,199 over the last ninety days. 0.89% of the stock is currently owned by company insiders.
Shares of DowDuPont Inc (NYSE:DWDP) opened at $71.95 on Friday. DowDuPont Inc has a 1-year low of $64.01 and a 1-year high of $77.08. The company has a market capitalization of $167,573.19, a P/E ratio of 20.56, a PEG ratio of 1.83 and a beta of 1.21. The company has a quick ratio of 1.26, a current ratio of 1.91 and a debt-to-equity ratio of 0.29.
DowDuPont (NYSE:DWDP) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.16. DowDuPont had a return on equity of 8.21% and a net margin of 2.34%. The firm had revenue of $20.07 billion during the quarter, compared to the consensus estimate of $19.46 billion. The firm’s revenue was up 54.1% compared to the same quarter last year. sell-side analysts anticipate that DowDuPont Inc will post 4.14 earnings per share for the current fiscal year.
The company 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 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Tuesday, February 27th. DowDuPont’s payout ratio is currently 96.82%.
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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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