Cipher Capital LP acquired a new stake in shares of Dow Chemical Company (The) (NYSE:DWDP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 55,572 shares of the company’s stock, valued at approximately $3,847,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Tradewinds Capital Management LLC acquired a new position in shares of Dow Chemical during the third quarter worth $101,000. Winfield Associates Inc. acquired a new position in shares of Dow Chemical during the third quarter worth $103,000. AllSquare Wealth Management LLC acquired a new position in shares of Dow Chemical during the third quarter worth $108,000. NewSquare Capital LLC acquired a new position in shares of Dow Chemical during the third quarter worth $109,000. Finally, Mountain Capital Investment Advisors Inc acquired a new position in shares of Dow Chemical during the third quarter worth $114,000. Institutional investors and hedge funds own 68.81% of the company’s stock.

A number of analysts recently weighed in on the company. Macquarie assumed coverage on Dow Chemical in a report on Tuesday, September 5th. They issued an “outperform” rating and a $76.00 price objective for the company. Bank of America assumed coverage on Dow Chemical in a report on Monday, September 11th. They issued a “buy” rating and a $78.00 price objective for the company. Jefferies Group restated a “buy” rating and issued a $80.00 price objective on shares of Dow Chemical in a report on Sunday, October 8th. Credit Suisse Group increased their price objective on Dow Chemical from $79.00 to $82.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Finally, Susquehanna Bancshares assumed coverage on Dow Chemical in a report on Tuesday, September 5th. They issued a “positive” rating and a $80.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nineteen have assigned a buy rating to the company. Dow Chemical has an average rating of “Buy” and an average price target of $80.21.

Shares of Dow Chemical Company (NYSE DWDP) traded down $0.24 on Friday, reaching $70.32. 7,043,200 shares of the company’s stock were exchanged, compared to its average volume of 6,377,513. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $165,109.69, a PE ratio of 19.28, a P/E/G ratio of 2.36 and a beta of 1.15. Dow Chemical Company has a twelve month low of $56.52 and a twelve month high of $73.85.

Dow Chemical (NYSE:DWDP) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.55 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.55. The business had revenue of $18.29 billion for the quarter, compared to analysts’ expectations of $18.24 billion. Dow Chemical had a net margin of 5.01% and a return on equity of 9.73%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 earnings per share. research analysts forecast that Dow Chemical Company will post 3.36 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.38 per share. The ex-dividend date is Tuesday, November 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.16%. Dow Chemical’s dividend payout ratio (DPR) is currently 73.08%.

In other news, insider Andrew N. Liveris sold 49,449 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $71.63, for a total transaction of $3,542,031.87. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Andrew N. Liveris sold 187,402 shares of the stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $72.23, for a total transaction of $13,536,046.46. The disclosure for this sale can be found here. Insiders have sold 407,705 shares of company stock worth $29,245,960 in the last ninety days. Insiders own 0.89% of the company’s stock.

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Dow Chemical Company Profile

DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.

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

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