Schroder Investment Management Group buys $265,113,014 stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : Schroder Investment Management Group scooped up 4,277,675 additional shares in Dow Chemical Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 10, 2016. The investment management firm now holds a total of 5,244,570 shares of Dow Chemical Co which is valued at $265,113,014.Dow Chemical Co makes up approximately 0.56% of Schroder Investment Management Group’s portfolio.

Other Hedge Funds, Including , Haverford Trust Co reduced its stake in DOW by selling 145 shares or 2.79% in the most recent quarter. The Hedge Fund company now holds 5,051 shares of DOW which is valued at $255,328. Dow Chemical Co makes up approx 0.01% of Haverford Trust Co’s portfolio.Banque Pictet Cie Sa reduced its stake in DOW by selling 13,000 shares or 31.21% in the most recent quarter. The Hedge Fund company now holds 28,650 shares of DOW which is valued at $1,465,734. Dow Chemical Co makes up approx 0.04% of Banque Pictet Cie Sa’s portfolio.Exane Derivatives boosted its stake in DOW in the latest quarter, The investment management firm added 283 additional shares and now holds a total of 1,861 shares of Dow Chemical Co which is valued at $95,209. Dow Chemical Co makes up approx 0.02% of Exane Derivatives’s portfolio. Quantitative Investment Management sold out all of its stake in DOW during the most recent quarter. The investment firm sold 34,000 shares of DOW which is valued $1,739,440.

Dow Chemical Co opened for trading at $50.63 and hit $51.63 on the upside on Monday, eventually ending the session at $51.6, with a gain of 2.08% or 1.05 points. The heightened volatility saw the trading volume jump to 51,46,056 shares. Company has a market cap of $57,938 M.

On the company’s financial health, Dow Chemical Co reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.83. The company had revenue of $10703.00 million for the quarter, compared to analysts expectations of $10662.25 million. The company’s revenue was down -13.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.84 EPS.

Many Wall Street Analysts have commented on Dow Chemical Co. Company shares were Reiterated by Barclays on May 2, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 55 from a previous price target of $50 .Company shares were Reiterated by Jefferies on May 2, 2016 to “Hold”, Firm has raised the Price Target to $ 58 from a previous price target of $54 .Company shares were Reiterated by RBC Capital Mkts on Apr 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 65 from a previous price target of $62 .

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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