D.A. Davidson & CO. Increases Position in Dow Chemical Co (DOW)

D.A. Davidson & CO. increased its stake in shares of Dow Chemical Co (NYSE:DOW) by 25.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,155 shares of the basic materials company’s stock after acquiring an additional 10,424 shares during the quarter. D.A. Davidson & CO.’s holdings in Dow Chemical were worth $3,289,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. First Command Bank boosted its stake in Dow Chemical by 36.9% during the second quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock worth $102,000 after buying an additional 436 shares in the last quarter. Perkins Coie Trust Co boosted its stake in Dow Chemical by 33.7% during the second quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock worth $120,000 after buying an additional 480 shares in the last quarter. BDO Wealth Advisors LLC acquired a new stake in Dow Chemical during the second quarter worth $121,000. Financial Architects Inc boosted its stake in Dow Chemical by 0.4% during the second quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock worth $144,000 after buying an additional 10 shares in the last quarter. Finally, MCF Advisors LLC boosted its stake in Dow Chemical by 49.3% during the second quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock worth $147,000 after buying an additional 770 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Shares of Dow Chemical Co (NYSE:DOW) opened at $66.65 on Friday. Dow Chemical Co has a 52 week low of $51.57 and a 52 week high of $67.50. The company has a current ratio of 1.93, a quick ratio of 1.32 and a debt-to-equity ratio of 0.68.

ILLEGAL ACTIVITY NOTICE: This report was first published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this report on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The original version of this report can be read at https://stocknewstimes.com/2017/11/18/d-a-davidson-co-increases-position-in-dow-chemical-co-dow.html.

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

Dow Chemical Company Profile

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

Receive News & Ratings for Dow Chemical Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dow Chemical Co and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply