Gyroscope Capital Management Group buys $3,855,160 stake in Dow Chemical Co (DOW)

Dow Chemical Co (DOW) : Gyroscope Capital Management Group scooped up 3,621 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 8, 2016. The investment management firm now holds a total of 71,871 shares of Dow Chemical Co which is valued at $3,855,160.Dow Chemical Co makes up approximately 3.02% of Gyroscope Capital Management Group’s portfolio.

Other Hedge Funds, Including , Hm Payson Co reduced its stake in DOW by selling 187 shares or 0.53% in the most recent quarter. The Hedge Fund company now holds 34,913 shares of DOW which is valued at $1,872,733. Dow Chemical Co makes up approx 0.09% of Hm Payson Co’s portfolio.Sit Investment Associates Inc reduced its stake in DOW by selling 486,160 shares or 54.92% in the most recent quarter. The Hedge Fund company now holds 399,075 shares of DOW which is valued at $21,418,355. Dow Chemical Co makes up approx 0.55% of Sit Investment Associates Inc’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.Benjamin F. Edwards Company boosted its stake in DOW in the latest quarter, The investment management firm added 279 additional shares and now holds a total of 5,458 shares of Dow Chemical Co which is valued at $279,340. Dow Chemical Co makes up approx 0.05% of Benjamin F. Edwards Company’s portfolio.

Dow Chemical Co opened for trading at $52.3 and hit $53.12 on the upside on Monday, eventually ending the session at $52.79, with a gain of 0.88% or 0.46 points. The heightened volatility saw the trading volume jump to 58,50,196 shares. Company has a market cap of $59,485 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.

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