Decatur Capital Management Lowers stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : Decatur Capital Management reduced its stake in Dow Chemical Co by 4.03% during the most recent quarter end. The investment management company now holds a total of 285,375 shares of Dow Chemical Co which is valued at $14,933,674 after selling 11,975 shares in Dow Chemical Co , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Dow Chemical Co makes up approximately 1.92% of Decatur Capital Management’s portfolio.

Other Hedge Funds, Including , Choate Investment Advisors boosted its stake in DOW in the latest quarter, The investment management firm added 914 additional shares and now holds a total of 6,030 shares of Dow Chemical Co which is valued at $315,550. Dow Chemical Co makes up approx 0.02% of Choate Investment Advisors’s portfolio.Cambridge Investment Research Advisors boosted its stake in DOW in the latest quarter, The investment management firm added 1,411 additional shares and now holds a total of 94,406 shares of Dow Chemical Co which is valued at $5,063,938. Dow Chemical Co makes up approx 0.10% of Cambridge Investment Research Advisors’s portfolio.First American Bank boosted its stake in DOW in the latest quarter, The investment management firm added 6,472 additional shares and now holds a total of 89,810 shares of Dow Chemical Co which is valued at $4,770,707. Dow Chemical Co makes up approx 0.47% of First American Bank’s portfolio. Quantres Asset Management Ltd added DOW to its portfolio by purchasing 40,700 company shares during the most recent quarter which is valued at $2,161,984. Dow Chemical Co makes up approx 1.29% of Quantres Asset Management Ltd’s portfolio.

Dow Chemical Co opened for trading at $53.68 and hit $53.99 on the upside on Tuesday, eventually ending the session at $53.78, with a gain of 0.52% or 0.28 points. The heightened volatility saw the trading volume jump to 49,53,517 shares. Company has a market cap of $60,601 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.

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