Voya Investment Management LLC lowered its stake in Dow Chemical Co (NYSE:DOW) by 7.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,367,179 shares of the basic materials company’s stock after selling 533,370 shares during the quarter. Dow Chemical comprises about 0.9% of Voya Investment Management LLC’s portfolio, making the stock its 12th biggest holding. Voya Investment Management LLC owned about 0.52% of Dow Chemical worth $401,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Ontario Teachers Pension Plan Board lifted its position in Dow Chemical by 3.1% in the second quarter. Ontario Teachers Pension Plan Board now owns 1,185,996 shares of the basic materials company’s stock valued at $74,801,000 after buying an additional 35,254 shares during the last quarter. CQS Cayman LP lifted its position in Dow Chemical by 8.1% in the second quarter. CQS Cayman LP now owns 20,000 shares of the basic materials company’s stock valued at $1,261,000 after buying an additional 1,500 shares during the last quarter. Veritable L.P. lifted its position in Dow Chemical by 4.2% in the second quarter. Veritable L.P. now owns 46,442 shares of the basic materials company’s stock valued at $2,929,000 after buying an additional 1,882 shares during the last quarter. Spears Abacus Advisors LLC acquired a new position in Dow Chemical in the second quarter valued at about $222,000. Finally, Waters Parkerson & CO. LLC lifted its position in Dow Chemical by 1.3% in the second quarter. Waters Parkerson & CO. LLC now owns 496,899 shares of the basic materials company’s stock valued at $31,339,000 after buying an additional 6,228 shares during the last quarter. 67.77% of the stock is currently owned by institutional investors.

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

A number of research firms have commented on DOW. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $78.00 target price on shares of Dow Chemical in a research report on Wednesday, September 6th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Cowen and Company reaffirmed a “hold” rating and issued a $60.00 target price on shares of Dow Chemical in a research report on Monday, August 28th. BidaskClub raised shares of Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Alembic Global Advisors set a $85.00 price target on shares of Dow Chemical and gave the stock a “buy” rating in a research report on Thursday, July 27th. One 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. Dow Chemical has a consensus rating of “Buy” and a consensus price target of $72.02.

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About Dow Chemical

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

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