Investors sold shares of Dow Chemical Company (The) (NYSE:DWDP) on strength during trading hours on Wednesday. $88.25 million flowed into the stock on the tick-up and $111.69 million flowed out of the stock on the tick-down, for a money net flow of $23.44 million out of the stock. Of all equities tracked, Dow Chemical Company (The) had the 0th highest net out-flow for the day. Dow Chemical Company (The) traded up $0.40 for the day and closed at $68.97

DWDP has been the topic of a number of analyst reports. Macquarie initiated coverage on shares of Dow Chemical Company (The) in a research report on Tuesday, September 5th. They issued an “outperform” rating and a $76.00 price target on the stock. Bank of America Corporation initiated coverage on shares of Dow Chemical Company (The) in a research report on Monday, September 11th. They issued a “buy” rating and a $78.00 price target on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $80.00 price target on shares of Dow Chemical Company (The) in a research report on Sunday, October 8th. Credit Suisse Group increased their price target on shares of Dow Chemical Company (The) from $79.00 to $82.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Finally, Susquehanna Bancshares Inc began coverage on shares of Dow Chemical Company (The) in a research report on Tuesday, September 5th. They issued a “positive” rating and a $80.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have given a buy rating to the stock. Dow Chemical Company (The) presently has an average rating of “Buy” and a consensus target price of $79.72.

The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.38 and a current ratio of 2.01. The company has a market cap of $166,160.00 and a P/E ratio of 18.84.

Dow Chemical Company (The) (NYSE:DWDP) last released its earnings results on Thursday, November 2nd. The company reported $0.55 earnings per share for the quarter, meeting the consensus estimate of $0.55. Dow Chemical Company (The) had a net margin of 5.01% and a return on equity of 9.73%. The business had revenue of $18.29 billion during the quarter, compared to analysts’ expectations of $18.24 billion. During the same period last year, the business earned $0.91 earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. equities research analysts anticipate that Dow Chemical Company will post 3.47 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 2.14%. The ex-dividend date is Tuesday, November 14th.

In other Dow Chemical Company (The) news, General Counsel Charles J. Kalil sold 78,895 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $71.00, for a total transaction of $5,601,545.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jeanmarie F. Desmond sold 6,708 shares of the firm’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $71.01, for a total value of $476,335.08. The disclosure for this sale can be found here. Company insiders own 0.89% of the company’s stock.

A number of institutional investors have recently made changes to their positions in DWDP. JPMorgan Chase & Co. acquired a new stake in shares of Dow Chemical Company (The) during the third quarter worth $2,095,726,000. Bank of New York Mellon Corp acquired a new stake in shares of Dow Chemical Company (The) during the third quarter worth $1,920,750,000. Wells Fargo & Company MN acquired a new stake in shares of Dow Chemical Company (The) during the third quarter worth $1,111,269,000. Third Point LLC acquired a new stake in shares of Dow Chemical Company (The) during the third quarter worth $1,041,116,000. Finally, Dupont Capital Management Corp acquired a new stake in shares of Dow Chemical Company (The) during the third quarter worth $884,806,000. 74.82% of the stock is owned by institutional investors and hedge funds.

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Dow Chemical Company (The) Company Profile

DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, and a pipeline of germplasm, traits and crop protection.

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