MD Sass Investors Services Inc. cut its position in Dow Chemical Co (NYSE:DOW) by 23.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 683,190 shares of the basic materials company’s stock after selling 214,170 shares during the period. Dow Chemical accounts for approximately 2.8% of MD Sass Investors Services Inc.’s investment portfolio, making the stock its 18th biggest holding. MD Sass Investors Services Inc. owned about 0.06% of Dow Chemical worth $43,085,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Command Bank grew its stake in shares of Dow Chemical by 36.9% in the 2nd quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock valued at $102,000 after buying an additional 436 shares during the period. Perkins Coie Trust Co grew its stake in shares of Dow Chemical by 33.7% in the 2nd quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock valued at $120,000 after buying an additional 480 shares during the period. BDO Wealth Advisors LLC acquired a new stake in shares of Dow Chemical in the 2nd quarter valued at about $121,000. Financial Architects Inc grew its stake in shares of Dow Chemical by 0.4% in the 2nd quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock valued at $144,000 after buying an additional 10 shares during the period. Finally, MCF Advisors LLC grew its stake in shares of Dow Chemical by 49.3% in the 2nd quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock valued at $147,000 after buying an additional 770 shares during the period. Institutional investors own 67.77% of the company’s stock.

DOW has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $78.00 price target on shares of Dow Chemical in a research report on Wednesday, September 6th. Alembic Global Advisors set a $85.00 price target on shares of Dow Chemical and gave the company a “buy” rating in a research report on Thursday, July 27th. BidaskClub cut shares of Dow Chemical from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Finally, Cowen and Company reaffirmed a “hold” rating and issued a $60.00 price target on shares of Dow Chemical in a research report on Monday, August 28th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Dow Chemical currently has a consensus rating of “Buy” and a consensus target price of $72.02.

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

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Dow Chemical Profile

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

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