Dow Chemical Co (DOW) : Argentiere Capital Ag added new position in Dow Chemical Co during the most recent quarter end. The investment management firm now holds 96,599 shares of Dow Chemical Co which is valued at $5,181,570 , the company said in a statement filed on Aug 9, 2016 with the SEC.Dow Chemical Co makes up approximately 5.20% of Argentiere Capital Ag’s portfolio.
Other Hedge Funds, Including , Aspen Investment Management Inc reduced its stake in DOW by selling 183 shares or 4.2% in the most recent quarter. The Hedge Fund company now holds 4,174 shares of DOW which is valued at $223,893. Dow Chemical Co makes up approx 0.18% of Aspen Investment Management Inc’s portfolio.Columbia Asset Management boosted its stake in DOW in the latest quarter, The investment management firm added 35,050 additional shares and now holds a total of 241,511 shares of Dow Chemical Co which is valued at $12,954,650. Dow Chemical Co makes up approx 4.45% of Columbia Asset Management’s portfolio.State Of New Jersey Common Pension Fund D boosted its stake in DOW in the latest quarter, The investment management firm added 10,000 additional shares and now holds a total of 510,000 shares of Dow Chemical Co which is valued at $27,249,300. Dow Chemical Co makes up approx 0.12% of State Of New Jersey Common Pension Fund D’s portfolio.Investors Asset Management Of Georgia Inc Ga Adv reduced its stake in DOW by selling 1,450 shares or 5.63% in the most recent quarter. The Hedge Fund company now holds 24,292 shares of DOW which is valued at $1,290,391. Dow Chemical Co makes up approx 0.97% of Investors Asset Management Of Georgia Inc Ga Adv’s portfolio.
Dow Chemical Co opened for trading at $52.37 and hit $52.85 on the upside on Wednesday, eventually ending the session at $52.64, with a gain of 0.53% or 0.28 points. The heightened volatility saw the trading volume jump to 38,46,830 shares. Company has a market cap of $59,316 M.
On the company’s financial health, Dow Chemical Co reported $0.95 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.86. The company had revenue of $11952.00 million for the quarter, compared to analysts expectations of $11226.05 million. The company’s revenue was down -7.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.91 EPS.
Many Wall Street Analysts have commented on Dow Chemical Co. Dow Chemical Co was Upgraded by JP Morgan to ” Overweight” on Jul 29, 2016. Dow Chemical Co was Downgraded by Credit Agricole to ” Underperform” on Jul 6, 2016. Dow Chemical Co was Downgraded by JP Morgan to ” Neutral” on Jun 28, 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.