Dow Chemical Co (DOW) : Delaney Dennis R has sold out all of its stake in Dow Chemical Co during the most recent quarter, according to the disclosure filed by the company on Aug 8, 2016 with the SEC. The investment management company has sold out 4,016 shares of Dow Chemical Co which is valued at $215,418.
Other Hedge Funds, Including , Ropes Wealth Advisors boosted its stake in DOW in the latest quarter, The investment management firm added 2,857 additional shares and now holds a total of 14,275 shares of Dow Chemical Co which is valued at $765,711. Dow Chemical Co makes up approx 0.26% of Ropes Wealth Advisors’s portfolio.Tirschwell Loewy Inc reduced its stake in DOW by selling 1,100 shares or 2.29% in the most recent quarter. The Hedge Fund company now holds 46,875 shares of DOW which is valued at $2,514,375. Dow Chemical Co makes up approx 0.41% of Tirschwell Loewy Inc’s portfolio.Barnett Company reduced its stake in DOW by selling 316 shares or 80.82% in the most recent quarter. The Hedge Fund company now holds 75 shares of DOW which is valued at $4,023.Texan Capital Management reduced its stake in DOW by selling 1,225 shares or 8.29% in the most recent quarter. The Hedge Fund company now holds 13,547 shares of DOW which is valued at $723,816. Dow Chemical Co makes up approx 0.33% of Texan Capital Management’s portfolio.Community Bank N.a. boosted its stake in DOW in the latest quarter, The investment management firm added 1,168 additional shares and now holds a total of 57,624 shares of Dow Chemical Co which is valued at $3,031,022. Dow Chemical Co makes up approx 0.70% of Community Bank N.a.’s portfolio.
Dow Chemical Co opened for trading at $52.3 and hit $53.12 on the upside on Monday, eventually ending the session at $52.79, with a gain of 0.88% or 0.46 points. The heightened volatility saw the trading volume jump to 58,50,196 shares. Company has a market cap of $59,485 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.