King Luther Capital Management Corp trimmed its holdings in Dow Chemical Co (NYSE:DOW) by 6.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,892 shares of the basic materials company’s stock after selling 850 shares during the quarter. King Luther Capital Management Corp’s holdings in Dow Chemical were worth $750,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of Dow Chemical by 7.6% in the first quarter. Vanguard Group Inc. now owns 81,191,459 shares of the basic materials company’s stock worth $5,158,905,000 after acquiring an additional 5,722,128 shares during the period. Bank of New York Mellon Corp raised its position in shares of Dow Chemical by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 16,655,781 shares of the basic materials company’s stock worth $1,050,480,000 after acquiring an additional 114,858 shares during the period. FMR LLC raised its position in shares of Dow Chemical by 11.8% in the first quarter. FMR LLC now owns 15,503,280 shares of the basic materials company’s stock worth $985,078,000 after acquiring an additional 1,638,866 shares during the period. Glenview Capital Management LLC raised its position in shares of Dow Chemical by 34.8% in the first quarter. Glenview Capital Management LLC now owns 11,864,132 shares of the basic materials company’s stock worth $753,847,000 after acquiring an additional 3,066,049 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of Dow Chemical by 0.5% in the second quarter. Ameriprise Financial Inc. now owns 10,641,009 shares of the basic materials company’s stock worth $671,251,000 after acquiring an additional 48,863 shares during the period. 67.77% of the stock is currently owned by institutional investors.

DOW has been the subject of a number of analyst reports. Cowen and Company reiterated a “hold” rating and issued a $60.00 price objective on shares of Dow Chemical in a research report on Monday, August 28th. Alembic Global Advisors set a $85.00 price objective on shares of Dow Chemical and gave the stock a “buy” rating in a research report on Thursday, July 27th. BidaskClub upgraded shares of Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Jefferies Group LLC reiterated a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $78.00 price objective on shares of Dow Chemical in a research report on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $72.02.

Dow Chemical Co (NYSE:DOW) opened at $66.65 on Friday. Dow Chemical Co has a 1 year low of $51.57 and a 1 year high of $67.50. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.32 and a current ratio of 1.93.

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About Dow Chemical

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

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