First Dallas Securities buys $1,006,850 stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : First Dallas Securities scooped up 1,675 additional shares in Dow Chemical Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 18,774 shares of Dow Chemical Co which is valued at $1,006,850.Dow Chemical Co makes up approximately 0.75% of First Dallas Securities’s portfolio.

Other Hedge Funds, Including , Carroll Financial Associates reduced its stake in DOW by selling 1,646 shares or 1.26% in the most recent quarter. The Hedge Fund company now holds 129,456 shares of DOW which is valued at $6,854,695. Dow Chemical Co makes up approx 1.11% of Carroll Financial Associates’s portfolio.Cape Cod Five Cents Savings Bank reduced its stake in DOW by selling 358 shares or 3.97% in the most recent quarter. The Hedge Fund company now holds 8,671 shares of DOW which is valued at $451,412. Dow Chemical Co makes up approx 0.08% of Cape Cod Five Cents Savings Bank’s portfolio.Mutual Of Omaha Bank Wealth Management reduced its stake in DOW by selling 13,435 shares or 32.32% in the most recent quarter. The Hedge Fund company now holds 28,128 shares of DOW which is valued at $1,439,591. Dow Chemical Co makes up approx 0.47% of Mutual Of Omaha Bank Wealth Management’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.

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