Dow Chemical Co (DOW) : Gryphon International Investment Corp reduced its stake in Dow Chemical Co by 2.58% during the most recent quarter end. The investment management company now holds a total of 437,617 shares of Dow Chemical Co which is valued at $23,246,215 after selling 11,575 shares in Dow Chemical Co , the firm said in a disclosure report filed with the SEC on Jul 21, 2016.Dow Chemical Co makes up approximately 5.17% of Gryphon International Investment Corp’s portfolio.
Other Hedge Funds, Including , Tnb Financial boosted its stake in DOW in the latest quarter, The investment management firm added 2,458 additional shares and now holds a total of 11,093 shares of Dow Chemical Co which is valued at $587,374. Dow Chemical Co makes up approx 0.15% of Tnb Financial’s portfolio.Neville Rodie Shaw Inc reduced its stake in DOW by selling 3,100 shares or 12.89% in the most recent quarter. The Hedge Fund company now holds 20,955 shares of DOW which is valued at $1,072,477. Dow Chemical Co makes up approx 0.12% of Neville Rodie Shaw Inc’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in DOW in the latest quarter, The investment management firm added 3,552 additional shares and now holds a total of 202,400 shares of Dow Chemical Co which is valued at $10,358,832. Dow Chemical Co makes up approx 0.10% of Nn Investment Partners Holdings N.v.’s portfolio.Abner Herrman Brock boosted its stake in DOW in the latest quarter, The investment management firm added 353 additional shares and now holds a total of 27,052 shares of Dow Chemical Co which is valued at $1,384,521. Dow Chemical Co makes up approx 0.32% of Abner Herrman Brock’s portfolio.
Dow Chemical Co opened for trading at $53.9 and hit $54.11 on the upside on Thursday, eventually ending the session at $53.67, with a gain of 0.07% or 0.04 points. The heightened volatility saw the trading volume jump to 65,45,673 shares. Company has a market cap of $60,262 M.
On the company’s financial health, Dow Chemical Co reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.83. The company had revenue of $10703.00 million for the quarter, compared to analysts expectations of $10662.25 million. The company’s revenue was down -13.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.84 EPS.
Many Wall Street Analysts have commented on Dow Chemical Co. 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. Company shares were Reiterated by Barclays on May 2, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 55 from a previous price target of $50 .
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.