Cypress Capital Management LLC WY acquired a new stake in Dow Chemical Company (The) (NYSE:DWDP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,952 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors and hedge funds have also modified their holdings of DWDP. Excalibur Management Corp acquired a new stake in shares of Dow Chemical in the third quarter worth approximately $303,000. TCI Wealth Advisors Inc. acquired a new stake in shares of Dow Chemical in the third quarter worth approximately $973,000. Gilman Hill Asset Management LLC acquired a new stake in shares of Dow Chemical in the third quarter worth approximately $1,088,000. Barometer Capital Management Inc. acquired a new stake in shares of Dow Chemical in the third quarter worth approximately $4,701,000. Finally, Rockland Trust Co. acquired a new stake in shares of Dow Chemical in the third quarter worth approximately $519,000. 68.81% of the stock is currently owned by institutional investors.

Shares of Dow Chemical Company (NYSE DWDP) opened at $70.73 on Monday. Dow Chemical Company has a 1 year low of $56.52 and a 1 year high of $73.85. 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 $165,507.50, a price-to-earnings ratio of 19.33, a price-to-earnings-growth ratio of 2.37 and a beta of 1.15.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 15th will be given a $0.38 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.15%. Dow Chemical’s dividend payout ratio is currently 73.08%.

A number of research firms have weighed in on DWDP. Zacks Investment Research raised Dow Chemical from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Nomura boosted their price objective on Dow Chemical from $77.00 to $82.00 and gave the stock a “buy” rating in a research note on Wednesday, September 13th. Citigroup boosted their price objective on Dow Chemical from $75.00 to $78.00 and gave the stock a “buy” rating in a research note on Wednesday, September 13th. Royal Bank Of Canada reissued a “buy” rating and set a $86.00 price objective on shares of Dow Chemical in a research note on Friday. Finally, began coverage on Dow Chemical in a research note on Tuesday, September 26th. They set a “hold” rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $80.21.

In related news, insider Andrew N. Liveris sold 49,449 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $71.63, for a total value of $3,542,031.87. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Andrew N. Liveris sold 187,402 shares of the business’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $72.23, for a total value of $13,536,046.46. The disclosure for this sale can be found here. Insiders sold 377,982 shares of company stock worth $27,120,766 in the last 90 days. Company insiders own 0.89% of the company’s stock.

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Dow Chemical 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.

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

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