South Dakota Investment Council held its stake in Dow Chemical Co (NYSE:DOW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 53,200 shares of the basic materials company’s stock at the close of the 2nd quarter. South Dakota Investment Council’s holdings in Dow Chemical were worth $3,355,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Dow Chemical by 7.6% during the 1st quarter. Vanguard Group Inc. now owns 81,191,459 shares of the basic materials company’s stock valued at $5,158,905,000 after buying an additional 5,722,128 shares in the last quarter. Jana Partners LLC purchased a new position in shares of Dow Chemical during the 1st quarter valued at about $225,688,000. Glenview Capital Management LLC raised its holdings in shares of Dow Chemical by 34.8% during the 1st quarter. Glenview Capital Management LLC now owns 11,864,132 shares of the basic materials company’s stock valued at $753,847,000 after buying an additional 3,066,049 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Dow Chemical by 26.8% during the 1st quarter. Ameriprise Financial Inc. now owns 10,592,146 shares of the basic materials company’s stock valued at $674,160,000 after buying an additional 2,237,295 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of Dow Chemical by 11.8% during the 1st quarter. FMR LLC now owns 15,503,280 shares of the basic materials company’s stock valued at $985,078,000 after buying an additional 1,638,866 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

A number of equities analysts recently weighed in on the company. BidaskClub cut Dow Chemical from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Royal Bank Of Canada reissued a “buy” rating and set a $78.00 price objective on shares of Dow Chemical in a report on Wednesday, September 6th. Jefferies Group LLC reissued a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. Cowen and Company reissued a “hold” rating and set a $60.00 price objective on shares of Dow Chemical in a report on Friday, July 14th. Finally, Alembic Global Advisors set a $85.00 price objective on Dow Chemical and gave the company a “buy” rating in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $72.02.

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Dow Chemical Co (NYSE DOW) opened at $66.65 on Monday. The company has a quick ratio of 1.32, a current ratio of 1.93 and a debt-to-equity ratio of 0.68. Dow Chemical Co has a 12 month low of $51.57 and a 12 month high of $67.50.

About Dow Chemical

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

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