One Capital Management LLC lowered its stake in Dow Chemical Company (The) (NYSE:DOW) by 10.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,748 shares of the basic materials company’s stock after selling 4,352 shares during the period. One Capital Management LLC’s holdings in Dow Chemical Company (The) were worth $2,399,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Banco Santander S.A. bought a new position in shares of Dow Chemical Company (The) during the fourth quarter valued at $10,434,000. Oakview Capital Management L.P. bought a new position in shares of Dow Chemical Company (The) during the fourth quarter valued at $9,645,000. Bremer Trust National Association raised its position in shares of Dow Chemical Company (The) by 4.9% in the first quarter. Bremer Trust National Association now owns 21,010 shares of the basic materials company’s stock valued at $1,335,000 after buying an additional 983 shares in the last quarter. Guggenheim Capital LLC raised its position in shares of Dow Chemical Company (The) by 17.1% in the fourth quarter. Guggenheim Capital LLC now owns 985,546 shares of the basic materials company’s stock valued at $56,394,000 after buying an additional 144,259 shares in the last quarter. Finally, Alpine Associates Management Inc. raised its position in shares of Dow Chemical Company (The) by 514.0% in the fourth quarter. Alpine Associates Management Inc. now owns 228,400 shares of the basic materials company’s stock valued at $13,069,000 after buying an additional 191,200 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Dow Chemical Company (The) (NYSE:DOW)

Shares of Dow Chemical Company (DOW) opened at 64.39 on Friday. Dow Chemical Company has a 12 month low of $47.51 and a 12 month high of $65.42. The company has a market capitalization of $78.67 billion, a P/E ratio of 15.86 and a beta of 1.12. The company has a 50-day moving average of $62.46 and a 200 day moving average of $61.14.

Dow Chemical Company (The) (NYSE:DOW) last posted its earnings results on Thursday, April 27th. The basic materials company reported $1.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.05. Dow Chemical Company (The) had a net margin of 9.77% and a return on equity of 16.65%. The business had revenue of $13.23 billion for the quarter, compared to analyst estimates of $12.46 billion. During the same quarter in the prior year, the firm earned $0.89 EPS. The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. Analysts forecast that Dow Chemical Company will post $4.07 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 28th. Stockholders of record on Friday, June 30th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Wednesday, June 28th. Dow Chemical Company (The)’s payout ratio is 46.82%.

TRADEMARK VIOLATION WARNING: “One Capital Management LLC Has $2.40 Million Stake in Dow Chemical Company (The) (DOW)” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/06/17/one-capital-management-llc-sells-4352-shares-of-dow-chemical-co-dow-updated.html.

DOW has been the subject of several recent analyst reports. Jefferies Group LLC raised shares of Dow Chemical Company (The) from a “hold” rating to a “buy” rating and raised their price objective for the stock from $65.00 to $75.00 in a report on Monday, March 6th. Vetr downgraded shares of Dow Chemical Company (The) from a “strong-buy” rating to a “buy” rating and set a $71.22 price target on the stock. in a research report on Monday, March 13th. Alembic Global Advisors set a $85.00 price target on shares of Dow Chemical Company (The) and gave the stock a “buy” rating in a research report on Monday, March 20th. Zacks Investment Research downgraded shares of Dow Chemical Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, April 20th. Finally, Barclays PLC raised their price target on shares of Dow Chemical Company (The) from $65.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Monday, May 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $69.47.

Dow Chemical Company (The) Company Profile

Receive News & Stock Ratings for Dow Chemical Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dow Chemical Company (The) and related stocks with our FREE daily email newsletter.