Dow Chemical Co (DOW) Shares Sold by Sentry Investment Management LLC

Sentry Investment Management LLC reduced its position in shares of Dow Chemical Co (NYSE:DOW) by 0.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,705 shares of the basic materials company’s stock after selling 60 shares during the period. Sentry Investment Management LLC’s holdings in Dow Chemical were worth $5,595,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in Dow Chemical by 3.4% during the second quarter. Vanguard Group Inc. now owns 83,932,612 shares of the basic materials company’s stock valued at $5,293,630,000 after purchasing an additional 2,741,153 shares in the last quarter. BlackRock Inc. raised its position in Dow Chemical by 3.8% during the second quarter. BlackRock Inc. now owns 83,423,778 shares of the basic materials company’s stock valued at $5,261,538,000 after purchasing an additional 3,075,321 shares in the last quarter. Capital World Investors increased its holdings in shares of Dow Chemical by 1.2% during the second quarter. Capital World Investors now owns 22,742,382 shares of the basic materials company’s stock worth $1,434,362,000 after buying an additional 275,695 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Dow Chemical by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 16,655,781 shares of the basic materials company’s stock worth $1,050,480,000 after buying an additional 114,858 shares in the last quarter. Finally, Third Point LLC increased its holdings in shares of Dow Chemical by 1.9% during the second quarter. Third Point LLC now owns 16,000,000 shares of the basic materials company’s stock worth $1,009,120,000 after buying an additional 300,000 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

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

DOW has been the subject of several research analyst reports. Cowen reiterated a “hold” rating and set a $60.00 price target on shares of Dow Chemical in a report on Monday, August 28th. BidaskClub upgraded shares of Dow Chemical from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. Jefferies Group reiterated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $78.00 price target on shares of Dow Chemical in a report on Wednesday, September 6th. One analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $72.02.

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

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