Wealthfront Inc. lifted its position in shares of Dow Chemical Co (NYSE:DOW) by 1.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,309 shares of the basic materials company’s stock after acquiring an additional 493 shares during the quarter. Wealthfront Inc.’s holdings in Dow Chemical were worth $2,101,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. FIL Ltd bought a new stake in shares of Dow Chemical during the second quarter worth $23,003,000. MML Investors Services LLC raised its position in shares of Dow Chemical by 5.8% during the second quarter. MML Investors Services LLC now owns 51,619 shares of the basic materials company’s stock worth $3,256,000 after acquiring an additional 2,834 shares during the last quarter. TIAA FSB bought a new stake in shares of Dow Chemical during the second quarter worth $2,338,000. Vanguard Group Inc. raised its position in shares of Dow Chemical by 3.4% during the second quarter. Vanguard Group Inc. now owns 83,932,612 shares of the basic materials company’s stock worth $5,293,630,000 after acquiring an additional 2,741,153 shares during the last quarter. Finally, Segment Wealth Management LLC raised its position in shares of Dow Chemical by 16.4% during the second quarter. Segment Wealth Management LLC now owns 4,512 shares of the basic materials company’s stock worth $285,000 after acquiring an additional 636 shares during the last quarter. Institutional investors own 67.77% of the company’s stock.

A number of research firms have recently weighed in on DOW. Royal Bank Of Canada restated a “buy” rating and set a $78.00 target price on shares of Dow Chemical in a research report on Wednesday, September 6th. Jefferies Group LLC restated a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Cowen and Company restated a “hold” rating and set a $60.00 target price on shares of Dow Chemical in a research report on Monday, August 28th. BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Alembic Global Advisors set a $85.00 target price on Dow Chemical and gave the stock a “buy” rating in a research report on Thursday, July 27th. One analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Dow Chemical has an average rating of “Buy” and a consensus price target of $72.02.

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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 current ratio of 1.93 and a quick ratio of 1.32. Dow Chemical Co has a fifty-two week low of $51.57 and a fifty-two week high of $67.50.

Dow Chemical Profile

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

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