Dow Chemical Co (DOW) : West Family Investments reduced its stake in Dow Chemical Co by 22.22% during the most recent quarter end. The investment management company now holds a total of 35,000 shares of Dow Chemical Co which is valued at $1,831,550 after selling 10,000 shares in Dow Chemical Co , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Dow Chemical Co makes up approximately 0.34% of West Family Investments’s portfolio.
Other Hedge Funds, Including , Pacific Global Investment Management Co boosted its stake in DOW in the latest quarter, The investment management firm added 1,013 additional shares and now holds a total of 19,047 shares of Dow Chemical Co which is valued at $996,730. Dow Chemical Co makes up approx 0.22% of Pacific Global Investment Management Co’s portfolio.Cleararc Capital Inc boosted its stake in DOW in the latest quarter, The investment management firm added 64 additional shares and now holds a total of 27,293 shares of Dow Chemical Co which is valued at $1,428,243. Dow Chemical Co makes up approx 0.27% of Cleararc Capital Inc’s portfolio.Employees Retirement System Of Texas boosted its stake in DOW in the latest quarter, The investment management firm added 30,000 additional shares and now holds a total of 184,000 shares of Dow Chemical Co which is valued at $9,628,720. Dow Chemical Co makes up approx 0.13% of Employees Retirement System Of Texas’s portfolio. Quantbot Technologies Lp sold out all of its stake in DOW during the most recent quarter. The investment firm sold 4,527 shares of DOW which is valued $241,878. Cypress Capital Management (wy) sold out all of its stake in DOW during the most recent quarter. The investment firm sold 112 shares of DOW which is valued $6,011.
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.