Profund Advisors LLC Has $4.55 Million Position in Dow Chemical Co (DOW)

Profund Advisors LLC lessened its stake in shares of Dow Chemical Co (NYSE:DOW) by 29.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,188 shares of the basic materials company’s stock after selling 30,585 shares during the quarter. Profund Advisors LLC’s holdings in Dow Chemical were worth $4,553,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. 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 valued at $144,000 after purchasing an additional 10 shares in the last quarter. Mascoma Wealth Management LLC increased its holdings in Dow Chemical by 0.4% during the 2nd quarter. Mascoma Wealth Management LLC now owns 3,513 shares of the basic materials company’s stock valued at $222,000 after purchasing an additional 14 shares in the last quarter. Capital Management Corp VA increased its holdings in Dow Chemical by 0.3% during the 2nd quarter. Capital Management Corp VA now owns 4,505 shares of the basic materials company’s stock valued at $284,000 after purchasing an additional 14 shares in the last quarter. Guardian Life Insurance Co. of America increased its holdings in Dow Chemical by 0.3% during the 1st quarter. Guardian Life Insurance Co. of America now owns 4,312 shares of the basic materials company’s stock valued at $274,000 after purchasing an additional 15 shares in the last quarter. Finally, Mark Sheptoff Financial Planning LLC increased its holdings in Dow Chemical by 0.3% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 5,033 shares of the basic materials company’s stock valued at $317,000 after purchasing an additional 16 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

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

Shares of Dow Chemical Co (NYSE:DOW) opened at $66.65 on Wednesday. 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 Chemical Co has a 52 week low of $51.57 and a 52 week high of $67.50.

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About Dow Chemical

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

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