Dow Chemical Co (DOW) : Greenwich Wealth Management scooped up 45 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 12, 2016. The investment management firm now holds a total of 77,585 shares of Dow Chemical Co which is valued at $4,060,023.Dow Chemical Co makes up approximately 0.89% of Greenwich Wealth Management’s portfolio.
Other Hedge Funds, Including , Mitsubishi Ufj Trust Banking Corp boosted its stake in DOW in the latest quarter, The investment management firm added 339,864 additional shares and now holds a total of 2,696,628 shares of Dow Chemical Co which is valued at $141,114,543. Dow Chemical Co makes up approx 0.30% of Mitsubishi Ufj Trust Banking Corp’s portfolio. Coldstream Capital Management Inc sold out all of its stake in DOW during the most recent quarter. The investment firm sold 4,179 shares of DOW which is valued $224,162.Tdam Usa reduced its stake in DOW by selling 3,150 shares or 1.14% in the most recent quarter. The Hedge Fund company now holds 274,245 shares of DOW which is valued at $14,710,502. Dow Chemical Co makes up approx 0.70% of Tdam Usa’s portfolio. Navellier Associates Inc added DOW to its portfolio by purchasing 25,516 company shares during the most recent quarter which is valued at $1,363,320. Dow Chemical Co makes up approx 0.20% of Navellier Associates Inc’s portfolio.Smith Asset Management Group Lp boosted its stake in DOW in the latest quarter, The investment management firm added 450 additional shares and now holds a total of 2,350 shares of Dow Chemical Co which is valued at $126,031.
Dow Chemical Co opened for trading at $53.71 and hit $54.41 on the upside on Monday, eventually ending the session at $54.13, with a gain of 0.93% or 0.5 points. The heightened volatility saw the trading volume jump to 50,84,552 shares. Company has a market cap of $60,995 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.