Wells Fargo & Company MN cut its holdings in shares of Dow Chemical Co (NYSE:DOW) by 8.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,033,241 shares of the basic materials company’s stock after selling 630,320 shares during the quarter. Wells Fargo & Company MN owned approximately 0.57% of Dow Chemical worth $443,587,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of DOW. First Command Bank increased its holdings in Dow Chemical by 36.9% during the 2nd quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock worth $102,000 after purchasing an additional 436 shares during the last quarter. Perkins Coie Trust Co increased its holdings in Dow Chemical by 33.7% during the 2nd quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock worth $120,000 after purchasing an additional 480 shares during the last quarter. BDO Wealth Advisors LLC purchased a new stake in Dow Chemical during the 2nd quarter worth approximately $121,000. Financial Architects Inc increased its holdings in Dow Chemical by 0.4% during the 2nd quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock worth $144,000 after purchasing an additional 10 shares during the last quarter. Finally, MCF Advisors LLC increased its holdings in Dow Chemical by 49.3% during the 2nd quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock worth $147,000 after purchasing an additional 770 shares during the last quarter. Institutional investors own 67.77% of the company’s stock.

WARNING: This piece was first published by Watch List News and is the property of of Watch List News. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this piece can be accessed at https://www.watchlistnews.com/wells-fargo-company-mn-sells-630320-shares-of-dow-chemical-co-dow/1681989.html.

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

DOW has been the topic of several analyst reports. BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Cowen and Company restated a “hold” rating and set a $60.00 price objective on shares of Dow Chemical in a report on Friday, July 14th. Alembic Global Advisors set a $85.00 price objective on Dow Chemical and gave the stock a “buy” rating in a report on Thursday, July 27th. Jefferies Group LLC restated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $78.00 price objective on shares of Dow Chemical in a report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $72.02.

Dow Chemical Company Profile

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

Receive News & Ratings for Dow Chemical Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dow Chemical Co and related companies with Analyst Ratings Network's FREE daily email newsletter.