DekaBank Deutsche Girozentrale boosted its position in shares of Dow Chemical Co (NYSE:DOW) by 6.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 389,258 shares of the basic materials company’s stock after purchasing an additional 22,031 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Dow Chemical were worth $25,166,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DOW. Westpac Banking Corp boosted its stake in shares of Dow Chemical by 123.1% during the 1st quarter. Westpac Banking Corp now owns 170,598 shares of the basic materials company’s stock valued at $8,886,000 after buying an additional 94,121 shares during the period. Choate Investment Advisors boosted its stake in shares of Dow Chemical by 39.7% during the 1st quarter. Choate Investment Advisors now owns 6,950 shares of the basic materials company’s stock valued at $442,000 after buying an additional 1,975 shares during the period. Kings Point Capital Management boosted its stake in shares of Dow Chemical by 6,114.5% during the 1st quarter. Kings Point Capital Management now owns 68,359 shares of the basic materials company’s stock valued at $4,344,000 after buying an additional 67,259 shares during the period. MAI Capital Management boosted its stake in shares of Dow Chemical by 6.4% during the 1st quarter. MAI Capital Management now owns 40,375 shares of the basic materials company’s stock valued at $2,565,000 after buying an additional 2,441 shares during the period. Finally, Oarsman Capital Inc. acquired a new stake in shares of Dow Chemical during the 1st quarter valued at $638,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Shares of Dow Chemical Co (NYSE:DOW) opened at $66.65 on Friday. 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 52 week low of $51.57 and a 52 week high of $67.50.

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