Dow Chemical Co (DOW) : Beaumont Financial Partners added new position in Dow Chemical Co during the most recent quarter end. The investment management firm now holds 88,811 shares of Dow Chemical Co which is valued at $4,647,480 , the company said in a statement filed on Aug 10, 2016 with the SEC.Dow Chemical Co makes up approximately 0.74% of Beaumont Financial Partners’s portfolio.
Other Hedge Funds, Including , Highpoint Advisor Group boosted its stake in DOW in the latest quarter, The investment management firm added 10,129 additional shares and now holds a total of 18,211 shares of Dow Chemical Co which is valued at $952,982. Dow Chemical Co makes up approx 0.34% of Highpoint Advisor Group’s portfolio.Thompson Davis boosted its stake in DOW in the latest quarter, The investment management firm added 750 additional shares and now holds a total of 3,775 shares of Dow Chemical Co which is valued at $202,340. Dow Chemical Co makes up approx 0.31% of Thompson Davis’s portfolio.Msi Financial Services Inc boosted its stake in DOW in the latest quarter, The investment management firm added 4,156 additional shares and now holds a total of 40,136 shares of Dow Chemical Co which is valued at $2,152,494. Dow Chemical Co makes up approx 0.08% of Msi Financial Services Inc’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.
Dow Chemical Co opened for trading at $52.95 and hit $53.57 on the upside on Friday, eventually ending the session at $53.42, with a gain of 0.36% or 0.19 points. The heightened volatility saw the trading volume jump to 44,28,159 shares. Company has a market cap of $60,195 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.