Dow Chemical Co (DOW) : Mizuho Asset Managementltd. scooped up 3,010 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 10, 2016. The investment management firm now holds a total of 79,911 shares of Dow Chemical Co which is valued at $4,181,743.Dow Chemical Co makes up approximately 0.74% of Mizuho Asset Managementltd.’s portfolio.
Other Hedge Funds, Including , Parsons Capital Management Incri boosted its stake in DOW in the latest quarter, The investment management firm added 3,585 additional shares and now holds a total of 21,828 shares of Dow Chemical Co which is valued at $1,142,259. Dow Chemical Co makes up approx 0.15% of Parsons Capital Management Incri’s portfolio.Wesbanco Bank Inc reduced its stake in DOW by selling 5,182 shares or 2.29% in the most recent quarter. The Hedge Fund company now holds 220,966 shares of DOW which is valued at $11,852,616. Dow Chemical Co makes up approx 0.68% of Wesbanco Bank Inc’s portfolio. Reilly Financial Advisors added DOW to its portfolio by purchasing 200,950 company shares during the most recent quarter which is valued at $10,736,759. Dow Chemical Co makes up approx 1.92% of Reilly Financial Advisors’s portfolio. Macguire Cheswick Tuttle Investment Counsel sold out all of its stake in DOW during the most recent quarter. The investment firm sold 4,018 shares of DOW which is valued $213,436. Barrett Asset Management sold out all of its stake in DOW during the most recent quarter. The investment firm sold 44 shares of DOW which is valued $2,330.
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.