Dow Chemical Co (DOW) : Reilly Financial Advisors added new position in Dow Chemical Co during the most recent quarter end. The investment management firm now holds 200,950 shares of Dow Chemical Co which is valued at $10,736,759 , the company said in a statement filed on Aug 3, 2016 with the SEC.Dow Chemical Co makes up approximately 1.92% of Reilly Financial Advisors’s portfolio.
Other Hedge Funds, Including , Sg Americas Securities boosted its stake in DOW in the latest quarter, The investment management firm added 177,107 additional shares and now holds a total of 371,342 shares of Dow Chemical Co which is valued at $19,840,803. Dow Chemical Co makes up approx 0.15% of Sg Americas Securities’s portfolio.Oxbow Advisors reduced its stake in DOW by selling 385 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 32,364 shares of DOW which is valued at $1,729,209. Dow Chemical Co makes up approx 0.24% of Oxbow Advisors’s portfolio.Advisory Services Network boosted its stake in DOW in the latest quarter, The investment management firm added 234 additional shares and now holds a total of 17,765 shares of Dow Chemical Co which is valued at $952,737. Dow Chemical Co makes up approx 0.21% of Advisory Services Network’s portfolio.Neville Rodie Shaw Inc reduced its stake in DOW by selling 3,100 shares or 12.89% in the most recent quarter. The Hedge Fund company now holds 20,955 shares of DOW which is valued at $1,072,477. Dow Chemical Co makes up approx 0.12% of Neville Rodie Shaw Inc’s portfolio.
Dow Chemical Co closed down -0.04 points or -0.07% at $53.6 with 49,94,692 shares getting traded on Monday. Post opening the session at $53.46, the shares hit an intraday low of $53.45 and an intraday high of $53.86 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.