Corteva, Inc. (NYSE:CTVA) Shares Acquired by Personal CFO Solutions LLC

Personal CFO Solutions LLC raised its holdings in shares of Corteva, Inc. (NYSE:CTVAFree Report) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,856 shares of the company’s stock after acquiring an additional 611 shares during the period. Personal CFO Solutions LLC’s holdings in Corteva were worth $568,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Essex Financial Services Inc. boosted its stake in Corteva by 3.2% during the third quarter. Essex Financial Services Inc. now owns 6,883 shares of the company’s stock valued at $352,000 after buying an additional 215 shares in the last quarter. Baxter Bros Inc. boosted its holdings in Corteva by 1.2% during the fourth quarter. Baxter Bros Inc. now owns 17,576 shares of the company’s stock worth $842,000 after buying an additional 215 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in Corteva by 4.7% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,361 shares of the company’s stock worth $257,000 after buying an additional 242 shares during the last quarter. Westpac Banking Corp increased its holdings in shares of Corteva by 4.1% in the fourth quarter. Westpac Banking Corp now owns 6,290 shares of the company’s stock valued at $301,000 after buying an additional 249 shares in the last quarter. Finally, Portside Wealth Group LLC grew its holdings in shares of Corteva by 6.3% in the 4th quarter. Portside Wealth Group LLC now owns 4,495 shares of the company’s stock worth $215,000 after acquiring an additional 266 shares during the last quarter. Institutional investors and hedge funds own 81.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CTVA. Mizuho increased their price target on Corteva from $56.00 to $61.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Loop Capital raised Corteva from a “hold” rating to a “buy” rating and increased their price objective for the stock from $57.00 to $65.00 in a research note on Monday, February 12th. Oppenheimer lifted their target price on Corteva from $67.00 to $69.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. KeyCorp upped their target price on Corteva from $63.00 to $66.00 and gave the company an “overweight” rating in a report on Tuesday, April 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Corteva from $62.00 to $65.00 and gave the stock a “buy” rating in a report on Monday, May 6th. One analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $63.05.

Check Out Our Latest Stock Report on CTVA

Insider Transactions at Corteva

In related news, insider Brian Titus sold 12,134 shares of the company’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $56.65, for a total transaction of $687,391.10. Following the completion of the transaction, the insider now directly owns 13,495 shares in the company, valued at approximately $764,491.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Corteva news, insider Brian Titus sold 12,134 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $56.65, for a total value of $687,391.10. Following the completion of the transaction, the insider now owns 13,495 shares of the company’s stock, valued at approximately $764,491.75. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Cornel B. Fuerer sold 39,736 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $57.41, for a total value of $2,281,243.76. Following the completion of the sale, the senior vice president now owns 126,628 shares of the company’s stock, valued at approximately $7,269,713.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,556 shares of company stock worth $4,795,016. Insiders own 0.20% of the company’s stock.

Corteva Trading Down 3.7 %

NYSE:CTVA opened at $52.90 on Monday. The company has a quick ratio of 0.97, a current ratio of 1.51 and a debt-to-equity ratio of 0.10. The company’s 50 day moving average is $55.80 and its 200-day moving average is $52.09. The firm has a market cap of $36.87 billion, a price-to-earnings ratio of 66.96, a P/E/G ratio of 1.40 and a beta of 0.78. Corteva, Inc. has a 12 month low of $43.22 and a 12 month high of $58.81.

Corteva (NYSE:CTVAGet Free Report) last announced its earnings results on Wednesday, May 1st. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.79 by $0.10. Corteva had a net margin of 3.32% and a return on equity of 6.68%. The firm had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same quarter last year, the firm posted $1.16 EPS. The business’s quarterly revenue was down 8.0% on a year-over-year basis. Equities analysts anticipate that Corteva, Inc. will post 2.82 EPS for the current year.

Corteva Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Tuesday, June 4th will be given a $0.16 dividend. The ex-dividend date is Tuesday, June 4th. This represents a $0.64 annualized dividend and a dividend yield of 1.21%. Corteva’s dividend payout ratio is 81.01%.

Corteva Profile

(Free Report)

Corteva, Inc operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics.

Featured Stories

Institutional Ownership by Quarter for Corteva (NYSE:CTVA)

Receive News & Ratings for Corteva Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corteva and related companies with MarketBeat.com's FREE daily email newsletter.