Dow Chemical Co (DOW) Position Raised by Tredje AP fonden

Tredje AP fonden boosted its stake in Dow Chemical Co (NYSE:DOW) by 3.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 112,115 shares of the basic materials company’s stock after purchasing an additional 3,390 shares during the quarter. Tredje AP fonden’s holdings in Dow Chemical were worth $7,123,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in 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 during the period. Bank of New York Mellon Corp grew its holdings in 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 during the period. FMR LLC grew its holdings in 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 during the period. Glenview Capital Management LLC grew its holdings in 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 during the period. Finally, Ameriprise Financial Inc. grew its holdings in Dow Chemical by 26.8% in the first quarter. Ameriprise Financial Inc. now owns 10,592,146 shares of the basic materials company’s stock valued at $674,160,000 after purchasing an additional 2,237,295 shares during the period. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Dow Chemical Co (NYSE DOW) opened at $66.65 on Friday. Dow Chemical Co has a 12-month low of $51.57 and a 12-month 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.

A number of equities research analysts recently issued reports on DOW shares. BidaskClub upgraded shares of Dow Chemical from a “strong sell” rating to a “sell” rating in a report on Thursday, August 17th. 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. Cowen and Company restated a “hold” rating and issued a $60.00 target price on shares of Dow Chemical in a report on Monday, August 28th. Royal Bank Of Canada reiterated a “buy” rating and set a $78.00 price objective on shares of Dow Chemical in a research note on Wednesday, September 6th. Finally, Jefferies Group LLC reiterated a “buy” rating on shares of Dow Chemical in a research note on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $72.02.

WARNING: “Dow Chemical Co (DOW) Position Raised by Tredje AP fonden” was originally posted by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & international trademark and copyright laws. The correct version of this piece can be read at https://www.com-unik.info/2017/11/05/dow-chemical-co-dow-position-raised-by-tredje-ap-fonden.html.

Dow Chemical Company Profile

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

What are top analysts saying about Dow Chemical Co? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Dow Chemical Co and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit