Wealthtrust Axiom Lowers stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : Wealthtrust Axiom reduced its stake in Dow Chemical Co by 4.46% during the most recent quarter end. The investment management company now holds a total of 26,559 shares of Dow Chemical Co which is valued at $1,424,359 after selling 1,240 shares in Dow Chemical Co , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Dow Chemical Co makes up approximately 0.54% of Wealthtrust Axiom’s portfolio.

Other Hedge Funds, Including , Conning reduced its stake in DOW by selling 17,434 shares or 2.94% in the most recent quarter. The Hedge Fund company now holds 576,035 shares of DOW which is valued at $30,892,757. Dow Chemical Co makes up approx 1.28% of Conning’s portfolio.United Bank Va boosted its stake in DOW in the latest quarter, The investment management firm added 3,185 additional shares and now holds a total of 57,525 shares of Dow Chemical Co which is valued at $3,085,066. Dow Chemical Co makes up approx 2.91% of United Bank Va’s portfolio.Sigma Planning Corp reduced its stake in DOW by selling 1,583 shares or 7.1% in the most recent quarter. The Hedge Fund company now holds 20,706 shares of DOW which is valued at $1,099,903. Dow Chemical Co makes up approx 0.14% of Sigma Planning Corp’s portfolio.Carlton Hofferkamp Jenks Wealth Management boosted its stake in DOW in the latest quarter, The investment management firm added 640 additional shares and now holds a total of 30,562 shares of Dow Chemical Co which is valued at $1,618,258. Dow Chemical Co makes up approx 1.24% of Carlton Hofferkamp Jenks Wealth Management’s portfolio.Nisa Investment Advisors boosted its stake in DOW in the latest quarter, The investment management firm added 16,100 additional shares and now holds a total of 404,521 shares of Dow Chemical Co which is valued at $21,277,805. Dow Chemical Co makes up approx 0.28% of Nisa Investment Advisors’s portfolio.

Dow Chemical Co (DOW) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $53.99 and reached the intraday high at $54.18. The bulls started the profit booking and pushed the shares to intraday low of $53.59. The trading session was marked by a volume range of 96,94,088 shares exchanging hands. The 52-week high of the shares is $57.1 and the 52-week low is $35.11. The market cap of the company stands at $60,262 M and there are 1,12,28,27,920 shares in public circulation.

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.

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.