Advisory Services Network buys $922,306 stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : Advisory Services Network scooped up 5,314 additional shares in Dow Chemical Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 17,531 shares of Dow Chemical Co which is valued at $922,306.Dow Chemical Co makes up approximately 0.25% of Advisory Services Network’s portfolio.

Dow Chemical Co closed down -0.07 points or -0.13% at $53.6 with 71,49,980 shares getting traded on Wednesday. Post opening the session at $53.55, the shares hit an intraday low of $53.23 and an intraday high of $53.98 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Mizuho Securities Usa sold out all of its stake in DOW during the most recent quarter. The investment firm sold 193,000 shares of DOW which is valued $10,153,730.Atria Investments boosted its stake in DOW in the latest quarter, The investment management firm added 6,258 additional shares and now holds a total of 13,318 shares of Dow Chemical Co which is valued at $700,660. Dow Chemical Co makes up approx 0.08% of Atria Investments’s portfolio.Blb&b Advisors boosted its stake in DOW in the latest quarter, The investment management firm added 150 additional shares and now holds a total of 9,401 shares of Dow Chemical Co which is valued at $494,587. Dow Chemical Co makes up approx 0.10% of Blb&b Advisors’s portfolio.Patten Patten Inctn reduced its stake in DOW by selling 875 shares or 0.89% in the most recent quarter. The Hedge Fund company now holds 97,082 shares of DOW which is valued at $5,084,184. Dow Chemical Co makes up approx 0.72% of Patten Patten Inctn’s portfolio.Addison Capital Co reduced its stake in DOW by selling 300 shares or 0.7% in the most recent quarter. The Hedge Fund company now holds 42,297 shares of DOW which is valued at $2,215,094. Dow Chemical Co makes up approx 1.67% of Addison Capital Co’s portfolio.

On the company’s financial health, Dow Chemical Co reported $0.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on Feb 2, 2016. Analyst had a consensus of $0.70. The company had revenue of $11462.00 million for the quarter, compared to analysts expectations of $11169.48 million. The company’s revenue was down -20.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.85 EPS.

Many Wall Street Analysts have commented on Dow Chemical Co. Company shares were Resumed by Credit Suisse on Mar 24, 2016 to “Outperform”, Firm has raised the Price Target to $ 56 from a previous price target of $50 .Company shares were Reiterated by RBC Capital Mkts on Mar 23, 2016 to “Top Pick”, Firm has raised the Price Target to $ 62 from a previous price target of $60 .Dow Chemical Co was Upgraded by Susquehanna to ” Positive” on Feb 8, 2016.

The Dow Chemical Company (Dow) is as an integrated science and technology company. The Company is a diversified manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world. The Company operates in five segments: Agricultural Sciences Consumer Solutions Infrastructure Solutions Performance Materials & Chemicals and Performance Plastics. The Company serves various industries such as appliance automotive agricultural building and construction chemical processing electronics furniture housewares oil and gas packaging paints coatings and adhesives personal care pharmaceutical processed foods pulp and paper textile and carpet utilities and water treatment.

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