Dow Chemical Co (DOW) : Argi Investment Services scooped up 20,267 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 11, 2016. The investment management firm now holds a total of 39,113 shares of Dow Chemical Co which is valued at $2,046,783.Dow Chemical Co makes up approximately 0.20% of Argi Investment Services’s portfolio.
Other Hedge Funds, Including , Mcf Advisors boosted its stake in DOW in the latest quarter, The investment management firm added 5 additional shares and now holds a total of 1,847 shares of Dow Chemical Co which is valued at $96,654. Dow Chemical Co makes up approx 0.02% of Mcf Advisors’s portfolio.Glassman Wealth Services boosted its stake in DOW in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 733 shares of Dow Chemical Co which is valued at $39,318. Dow Chemical Co makes up approx 0.03% of Glassman Wealth Services’s portfolio. Herndon Capital Management added DOW to its portfolio by purchasing 103 company shares during the most recent quarter which is valued at $5,528.Robeco Institutional Asset Management B.v. reduced its stake in DOW by selling 255 shares or 0.11% in the most recent quarter. The Hedge Fund company now holds 230,798 shares of DOW which is valued at $12,259,990. Dow Chemical Co makes up approx 0.09% of Robeco Institutional Asset Management B.v.’s portfolio.V Wealth Managementllc reduced its stake in DOW by selling 795 shares or 14.19% in the most recent quarter. The Hedge Fund company now holds 4,806 shares of DOW which is valued at $254,478. Dow Chemical Co makes up approx 0.20% of V Wealth Managementllc’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.