Dubuque Bank & Trust Co. decreased its position in shares of Dow Chemical Company (The) (NYSE:DOW) by 39.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,115 shares of the basic materials company’s stock after selling 13,641 shares during the period. Dubuque Bank & Trust Co.’s holdings in Dow Chemical Company (The) were worth $1,332,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. First Command Bank raised its stake in Dow Chemical Company (The) by 36.9% in the second quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock worth $102,000 after buying an additional 436 shares during the period. Pinnacle Bank purchased a new stake in Dow Chemical Company (The) during the first quarter worth $103,000. First Financial Corp IN raised its stake in Dow Chemical Company (The) by 79.8% in the first quarter. First Financial Corp IN now owns 1,690 shares of the basic materials company’s stock worth $107,000 after buying an additional 750 shares during the period. Cable Hill Partners LLC raised its stake in Dow Chemical Company (The) by 7.6% in the first quarter. Cable Hill Partners LLC now owns 1,764 shares of the basic materials company’s stock worth $112,000 after buying an additional 124 shares during the period. Finally, Perkins Coie Trust Co raised its stake in Dow Chemical Company (The) by 33.7% in the second quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock worth $120,000 after buying an additional 480 shares during the period. 68.79% of the stock is currently owned by institutional investors and hedge funds.

Shares of Dow Chemical Company (DOW) traded down 0.02% during trading on Tuesday, reaching $63.87. 1,257,495 shares of the company’s stock traded hands. The stock has a market cap of $78.14 billion, a P/E ratio of 27.35 and a beta of 1.13. The company has a 50 day moving average price of $64.82 and a 200-day moving average price of $62.82. Dow Chemical Company has a one year low of $51.57 and a one year high of $67.50.

Dow Chemical Company (The) (NYSE:DOW) last issued its quarterly earnings data 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. The business had revenue of $13.83 billion for the quarter, compared to analysts’ expectations of $13.60 billion. Dow Chemical Company (The) had a net margin of 5.83% and a return on equity of 17.08%. The business’s revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the company earned $0.95 EPS. On average, equities research analysts expect that Dow Chemical Company will post $4.08 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Monday, July 31st will be paid 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 2.88%. Dow Chemical Company (The)’s payout ratio is 76.99%.

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A number of research firms recently weighed in on DOW. BidaskClub raised shares of Dow Chemical Company (The) from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $76.00 target price on shares of Dow Chemical Company (The) in a report on Friday, April 28th. Cowen and Company upped their target price on shares of Dow Chemical Company (The) from $47.00 to $60.00 and gave the stock a “market perform” rating in a report on Wednesday, May 31st. Zacks Investment Research lowered shares of Dow Chemical Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Finally, Barclays PLC increased their price target on shares of Dow Chemical Company (The) from $65.00 to $67.00 and gave the stock an “equal weight” rating in a report on Monday, May 1st. Two investment 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’s stock. Dow Chemical Company (The) currently has an average 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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