Hengehold Capital Management buys $1,947,043 stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : Hengehold Capital Management scooped up 916 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 20, 2016. The investment management firm now holds a total of 37,009 shares of Dow Chemical Co which is valued at $1,947,043.Dow Chemical Co makes up approximately 0.62% of Hengehold Capital Management’s portfolio.

Dow Chemical Co opened for trading at $52.36 and hit $52.82 on the upside on Friday, eventually ending the session at $52.61, with a gain of 1.21% or 0.63 points. The heightened volatility saw the trading volume jump to 54,05,074 shares. Company has a market cap of $58,771 M.

Other Hedge Funds, Including , Next Financial Group Inc reduced its stake in DOW by selling 104 shares or 1.67% in the most recent quarter. The Hedge Fund company now holds 6,113 shares of DOW which is valued at $321,605. Dow Chemical Co makes up approx 0.11% of Next Financial Group Inc’s portfolio.New York State Teachers Retirement System boosted its stake in DOW in the latest quarter, The investment management firm added 5,664 additional shares and now holds a total of 2,114,190 shares of Dow Chemical Co which is valued at $111,227,536. Dow Chemical Co makes up approx 0.29% of New York State Teachers Retirement System’s portfolio.Coastline Trust Co boosted its stake in DOW in the latest quarter, The investment management firm added 230 additional shares and now holds a total of 17,070 shares of Dow Chemical Co which is valued at $893,956. Dow Chemical Co makes up approx 0.19% of Coastline Trust Co’s portfolio.Central Trust Co boosted its stake in DOW in the latest quarter, The investment management firm added 3,000 additional shares and now holds a total of 29,846 shares of Dow Chemical Co which is valued at $1,563,035. Dow Chemical Co makes up approx 0.12% of Central Trust 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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