Chemical Bank lessened its position in Dow Chemical Co (NYSE:DOW) by 0.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,516,759 shares of the basic materials company’s stock after selling 5,833 shares during the period. Dow Chemical accounts for 10.4% of Chemical Bank’s investment portfolio, making the stock its biggest position. Chemical Bank owned approximately 0.12% of Dow Chemical worth $95,662,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. First Command Bank grew its holdings in Dow Chemical by 36.9% in the 2nd quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock worth $102,000 after acquiring an additional 436 shares during the last quarter. Perkins Coie Trust Co grew its holdings in 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 worth $120,000 after acquiring an additional 480 shares during the last quarter. BDO Wealth Advisors LLC bought a new stake in Dow Chemical in the 2nd quarter worth $121,000. Financial Architects Inc grew its holdings in Dow Chemical by 0.4% in the 2nd quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock worth $144,000 after acquiring an additional 10 shares during the last quarter. Finally, MCF Advisors LLC grew its holdings in Dow Chemical by 49.3% in the 2nd quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock worth $147,000 after acquiring an additional 770 shares during the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Dow Chemical Co (NYSE:DOW) opened at $66.65 on Friday. Dow Chemical Co has a 52 week low of $51.57 and a 52 week high of $67.50. The company has a quick ratio of 1.32, a current ratio of 1.93 and a debt-to-equity ratio of 0.68.

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About Dow Chemical

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

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