Baker Avenue Asset Management LP raised its position in shares of Dow Chemical Co (NYSE:DOW) by 3.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,414 shares of the basic materials company’s stock after purchasing an additional 3,055 shares during the quarter. Baker Avenue Asset Management LP’s holdings in Dow Chemical were worth $6,270,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in DOW. Bronfman E.L. Rothschild L.P. increased its stake in Dow Chemical by 7.0% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 13,361 shares of the basic materials company’s stock valued at $849,000 after purchasing an additional 875 shares in the last quarter. CORDA Investment Management LLC. bought a new stake in Dow Chemical during the 1st quarter valued at about $1,263,000. Independent Advisor Alliance boosted its holdings in shares of Dow Chemical by 1.9% during the 1st quarter. Independent Advisor Alliance now owns 43,038 shares of the basic materials company’s stock valued at $2,734,000 after acquiring an additional 808 shares during the last quarter. Fagan Associates Inc. boosted its holdings in shares of Dow Chemical by 2.6% during the 1st quarter. Fagan Associates Inc. now owns 55,203 shares of the basic materials company’s stock valued at $3,508,000 after acquiring an additional 1,408 shares during the last quarter. Finally, Beacon Trust Co. boosted its holdings in shares of Dow Chemical by 3.0% during the 1st quarter. Beacon Trust Co. now owns 63,778 shares of the basic materials company’s stock valued at $3,971,000 after acquiring an additional 1,845 shares during the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

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

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

Dow Chemical Profile

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

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