Northern Oak Wealth Management Inc buys $6,567,000 stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : Northern Oak Wealth Management Inc scooped up 10,427 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 3, 2016. The investment management firm now holds a total of 128,362 shares of Dow Chemical Co which is valued at $6,567,000.Dow Chemical Co makes up approximately 1.49% of Northern Oak Wealth Management Inc’s portfolio.

Other Hedge Funds, Including , Duff Phelps Investment Management Co reduced its stake in DOW by selling 4,120 shares or 21.58% in the most recent quarter. The Hedge Fund company now holds 14,970 shares of DOW which is valued at $765,865. Dow Chemical Co makes up approx 0.01% of Duff Phelps Investment Management Co’s portfolio.Nippon Life Insurance Co reduced its stake in DOW by selling 990 shares or 1.63% in the most recent quarter. The Hedge Fund company now holds 59,737 shares of DOW which is valued at $3,056,145. Dow Chemical Co makes up approx 0.07% of Nippon Life Insurance Co’s portfolio.Birmingham Capital Management Co Incal reduced its stake in DOW by selling 900 shares or 0.76% in the most recent quarter. The Hedge Fund company now holds 117,500 shares of DOW which is valued at $6,181,675. Dow Chemical Co makes up approx 2.47% of Birmingham Capital Management Co Incal’s portfolio.Rockefeller Financial Services Inc boosted its stake in DOW in the latest quarter, The investment management firm added 4,944 additional shares and now holds a total of 9,866 shares of Dow Chemical Co which is valued at $519,050. Dow Chemical Co makes up approx 0.01% of Rockefeller Financial Services Inc’s portfolio.Investment Centers Of America Inc boosted its stake in DOW in the latest quarter, The investment management firm added 3,227 additional shares and now holds a total of 37,023 shares of Dow Chemical Co which is valued at $1,947,780. Dow Chemical Co makes up approx 0.22% of Investment Centers Of America Inc’s portfolio.

Dow Chemical Co opened for trading at $51.43 and hit $51.7 on the upside on Tuesday, eventually ending the session at $51.54, with a gain of 1.38% or 0.7 points. The heightened volatility saw the trading volume jump to 31,76,993 shares. Company has a market cap of $57,871 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.

Leave a Reply

Dow Chemical Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on Dow Chemical Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.