Fidelity National Financial Inc. maintained its stake in shares of Dow Chemical Company (The) (NYSE:DOW) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 389,477 shares of the basic materials company’s stock at the end of the second quarter. Dow Chemical Company (The) comprises 5.6% of Fidelity National Financial Inc.’s portfolio, making the stock its 5th largest position. Fidelity National Financial Inc.’s holdings in Dow Chemical Company (The) were worth $24,564,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the stock. Regentatlantic Capital LLC boosted its stake in shares of Dow Chemical Company (The) by 3.8% in the first quarter. Regentatlantic Capital LLC now owns 166,000 shares of the basic materials company’s stock worth $10,548,000 after buying an additional 6,015 shares during the last quarter. Gradient Investments LLC boosted its stake in shares of Dow Chemical Company (The) by 9.1% in the first quarter. Gradient Investments LLC now owns 126,893 shares of the basic materials company’s stock worth $8,063,000 after buying an additional 10,561 shares during the last quarter. E&G Advisors LP acquired a new stake in shares of Dow Chemical Company (The) during the first quarter worth approximately $546,000. Stillwater Investment Management LLC boosted its stake in shares of Dow Chemical Company (The) by 0.8% in the first quarter. Stillwater Investment Management LLC now owns 5,407 shares of the basic materials company’s stock worth $344,000 after buying an additional 41 shares during the last quarter. Finally, First American Bank boosted its stake in shares of Dow Chemical Company (The) by 1.1% in the first quarter. First American Bank now owns 138,853 shares of the basic materials company’s stock worth $8,823,000 after buying an additional 1,453 shares during the last quarter. 68.79% of the stock is owned by institutional investors and hedge funds.

Shares of Dow Chemical Company (DOW) traded down 1.39% on Thursday, reaching $62.62. 2,208,463 shares of the company’s stock traded hands. The firm has a market capitalization of $76.61 billion, a price-to-earnings ratio of 26.82 and a beta of 1.13. The company has a 50 day moving average price of $64.65 and a 200 day moving average price of $63.02. Dow Chemical Company has a 52 week low of $51.57 and a 52 week high of $67.50.

Dow Chemical Company (The) (NYSE:DOW) last released its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. Dow Chemical Company (The) had a net margin of 5.83% and a return on equity of 17.08%. The company had revenue of $13.83 billion for the quarter, compared to the consensus estimate of $13.60 billion. During the same period in the previous year, the firm earned $0.95 EPS. Dow Chemical Company (The)’s revenue was up 15.7% on a year-over-year basis. On average, equities research analysts predict that Dow Chemical Company will post $4.08 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Monday, July 31st will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.90%. Dow Chemical Company (The)’s dividend payout ratio (DPR) is 76.99%.

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A number of equities research analysts have recently commented on the stock. Alembic Global Advisors set a $85.00 target price on shares of Dow Chemical Company (The) and gave the company a “buy” rating in a report on Thursday, July 27th. BidaskClub raised shares of Dow Chemical Company (The) from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Cowen and Company reissued a “hold” rating and set a $60.00 price target on shares of Dow Chemical Company (The) in a report on Friday, July 14th. Zacks Investment Research cut shares of Dow Chemical Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $76.00 price target on shares of Dow Chemical Company (The) in a report on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $71.42.

Dow Chemical Company (The) Company Profile

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

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