Intl Fcstone Inc. Takes Position in Dow Chemical Co (DOW)

Intl Fcstone Inc. bought a new stake in shares of Dow Chemical Co (NYSE:DOW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,747 shares of the basic materials company’s stock, valued at approximately $299,000.

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

A number of research firms have recently weighed in on DOW. BidaskClub cut shares of Dow Chemical from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Royal Bank Of Canada restated a “buy” rating and issued a $78.00 price target on shares of Dow Chemical in a report on Wednesday, September 6th. Jefferies Group restated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. Finally, Cowen restated a “hold” rating and issued a $60.00 price target on shares of Dow Chemical in a report on Monday, August 28th. One 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 company’s stock. The company 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 Friday. 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.

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About Dow Chemical

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

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