Dynamic Advisors Solutions LLC trimmed its holdings in Dow Chemical Co (NYSE:DOW) by 3.1% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 9,436 shares of the basic materials company’s stock after selling 305 shares during the quarter. Dynamic Advisors Solutions LLC’s holdings in Dow Chemical were worth $595,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Command Bank lifted its holdings in shares of Dow Chemical by 36.9% in the 2nd quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock worth $102,000 after acquiring an additional 436 shares during the last quarter. Perkins Coie Trust Co lifted its holdings in shares of Dow Chemical by 33.7% in the 2nd quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock worth $120,000 after acquiring an additional 480 shares during the last quarter. Ruggie Capital Group lifted its holdings in shares of Dow Chemical by 262.7% in the 1st quarter. Ruggie Capital Group now owns 2,637 shares of the basic materials company’s stock worth $168,000 after acquiring an additional 1,910 shares during the last quarter. Birch Hill Investment Advisors LLC bought a new stake in shares of Dow Chemical in the 1st quarter worth approximately $197,000. Finally, Lyell Wealth Management LP bought a new stake in shares of Dow Chemical in the 1st quarter worth approximately $200,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Dow Chemical Co (DOW) remained flat at $66.65 during midday trading on Tuesday. 43,802,070 shares of the company’s stock were exchanged. The firm’s 50 day moving average price is $64.79 and its 200-day moving average price is $63.46. The company has a market cap of $81.54 billion, a price-to-earnings ratio of 28.54 and a beta of 1.13. Dow Chemical Co has a 12 month low of $51.57 and a 12 month high of $67.50.

Dow Chemical (NYSE:DOW) last posted its quarterly earnings data on Thursday, July 27th. The basic materials company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.01 by $0.07. The company had revenue of $13.83 billion during the quarter, compared to analyst estimates of $13.60 billion. Dow Chemical had a net margin of 9.82% and a return on equity of 19.01%. Dow Chemical’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.95 earnings per share. On average, analysts anticipate that Dow Chemical Co will post $4.11 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Monday, July 31st will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.76%. The ex-dividend date of this dividend is Thursday, July 27th. Dow Chemical’s payout ratio is 76.99%.

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A number of equities research analysts have recently weighed in on DOW shares. Alembic Global Advisors set a $85.00 price objective on shares of Dow Chemical and gave the stock a “buy” rating in a report on Thursday, July 27th. Royal Bank Of Canada restated a “buy” rating and issued a $76.00 price objective on shares of Dow Chemical in a report on Thursday, July 6th. Jefferies Group LLC restated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. Cowen and Company restated a “hold” rating and issued a $60.00 price objective on shares of Dow Chemical in a report on Monday, August 28th. Finally, BidaskClub upgraded shares of Dow Chemical from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $71.62.

Dow Chemical Profile

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

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