Accident Compensation Corp grew its stake in shares of Dow Chemical Co (NYSE:DOW) by 7.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,900 shares of the basic materials company’s stock after buying an additional 3,000 shares during the period. Accident Compensation Corp’s holdings in Dow Chemical were worth $2,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in shares of Dow Chemical by 3.8% in the second quarter. BlackRock Inc. now owns 83,423,778 shares of the basic materials company’s stock valued at $5,261,538,000 after purchasing an additional 3,075,321 shares in the last quarter. Vanguard Group Inc. grew its holdings 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 valued at $5,158,905,000 after purchasing an additional 5,722,128 shares in the last quarter. Bank of New York Mellon Corp grew its holdings 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 valued at $1,050,480,000 after purchasing an additional 114,858 shares in the last quarter. FMR LLC grew its holdings 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 valued at $985,078,000 after purchasing an additional 1,638,866 shares in the last quarter. Finally, Glenview Capital Management LLC grew its holdings 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 valued at $753,847,000 after purchasing an additional 3,066,049 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

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A number of research analysts recently weighed in on DOW shares. Cowen and Company reissued a “hold” rating and issued a $60.00 target price on shares of Dow Chemical in a report on Monday, August 28th. Jefferies Group LLC reissued a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. BidaskClub lowered shares of Dow Chemical from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Royal Bank Of Canada reissued a “buy” rating and issued a $78.00 target price on shares of Dow Chemical in a report on Wednesday, September 6th. Finally, Alembic Global Advisors set a $85.00 target price on shares of Dow Chemical and gave the company a “buy” rating in a report on Thursday, July 27th. One analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $72.02.

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

Dow Chemical Profile

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

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