Two Sigma Advisers Lp buys $226,840,869 stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : Two Sigma Advisers Lp scooped up 502,800 additional shares in Dow Chemical Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 4,334,815 shares of Dow Chemical Co which is valued at $226,840,869.Dow Chemical Co makes up approximately 1.09% of Two Sigma Advisers Lp’s portfolio.

Other Hedge Funds, Including , Panagora Asset Management Inc boosted its stake in DOW in the latest quarter, The investment management firm added 1,339,599 additional shares and now holds a total of 2,200,716 shares of Dow Chemical Co which is valued at $115,163,468. Dow Chemical Co makes up approx 0.54% of Panagora Asset Management Inc’s portfolio.Lsv Asset Management reduced its stake in DOW by selling 10,800 shares or 3.69% in the most recent quarter. The Hedge Fund company now holds 281,849 shares of DOW which is valued at $15,118,380. Dow Chemical Co makes up approx 0.03% of Lsv Asset Management’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.Wall Street Access Asset Management reduced its stake in DOW by selling 8,255 shares or 52.46% in the most recent quarter. The Hedge Fund company now holds 7,481 shares of DOW which is valued at $399,710. Dow Chemical Co makes up approx 0.23% of Wall Street Access Asset Management’s portfolio.Vigilant Capital Management boosted its stake in DOW in the latest quarter, The investment management firm added 224 additional shares and now holds a total of 2,474 shares of Dow Chemical Co which is valued at $130,998. Dow Chemical Co makes up approx 0.02% of Vigilant Capital Management’s portfolio.

Dow Chemical Co opened for trading at $53.74 and hit $54.055 on the upside on Thursday, eventually ending the session at $53.8, with a gain of 0.30% or 0.16 points. The heightened volatility saw the trading volume jump to 36,94,862 shares. Company has a market cap of $60,623 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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