Investment Partners Ltd. OH ADV Purchases 40 Shares of Dow Chemical Company (The) (DOW)

Investment Partners Ltd. OH ADV boosted its stake in shares of Dow Chemical Company (The) (NYSE:DOW) by 0.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,751 shares of the basic materials company’s stock after buying an additional 40 shares during the period. Investment Partners Ltd. OH ADV’s holdings in Dow Chemical Company (The) were worth $867,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Dow Chemical Company (The) 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 buying an additional 5,722,128 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Dow Chemical Company (The) by 0.8% in the first quarter. Bank of New York Mellon Corp now owns 16,540,923 shares of the basic materials company’s stock worth $1,051,010,000 after buying an additional 130,524 shares during the period. FMR LLC boosted its position in Dow Chemical Company (The) 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 buying an additional 1,638,866 shares during the period. Glenview Capital Management LLC boosted its position in Dow Chemical Company (The) 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 buying an additional 3,066,049 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in Dow Chemical Company (The) by 26.8% in the first quarter. Ameriprise Financial Inc. now owns 10,592,146 shares of the basic materials company’s stock worth $674,160,000 after buying an additional 2,237,295 shares during the period. 68.36% of the stock is currently owned by institutional investors.

Dow Chemical Company (DOW) traded up 0.03% during mid-day trading on Wednesday, reaching $64.80. 1,717,606 shares of the company were exchanged. The stock’s 50-day moving average is $64.68 and its 200-day moving average is $63.24. Dow Chemical Company has a 12 month low of $51.57 and a 12 month high of $67.50. The company has a market cap of $79.28 billion, a P/E ratio of 27.75 and a beta of 1.13.

Dow Chemical Company (The) (NYSE:DOW) last issued its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.01 by $0.07. Dow Chemical Company (The) had a return on equity of 17.08% and a net margin of 5.83%. The firm had revenue of $13.83 billion during the quarter, compared to analysts’ expectations of $13.60 billion. During the same period in the prior year, the firm posted $0.95 earnings per share. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. Equities analysts expect that Dow Chemical Company will post $4.08 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Monday, July 31st will be given a $0.46 dividend. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.84%. Dow Chemical Company (The)’s payout ratio is 76.99%.

A number of research firms have recently weighed in on DOW. Alembic Global Advisors set a $85.00 price target on shares of Dow Chemical Company (The) and gave the stock a “buy” rating in a research note on Thursday, July 27th. BidaskClub raised shares of Dow Chemical Company (The) from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Cowen and Company reaffirmed a “hold” rating and set a $60.00 price target on shares of Dow Chemical Company (The) in a research note on Friday, July 14th. Zacks Investment Research cut shares of Dow Chemical Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $76.00 price objective on shares of Dow Chemical Company (The) in a research report on Thursday, July 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued 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 a consensus price target of $71.42.

Dow Chemical Company (The) Company Profile