Level Four Advisory Services LLC increased its stake in Dow Chemical Company (The) (NYSE:DOW) by 141.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,830 shares of the basic materials company’s stock after buying an additional 13,959 shares during the period. Level Four Advisory Services LLC’s holdings in Dow Chemical Company (The) were worth $1,514,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Cypress Capital Management LLC raised its stake in Dow Chemical Company (The) by 0.3% in the first quarter. Cypress Capital Management LLC now owns 4,017 shares of the basic materials company’s stock valued at $255,000 after buying an additional 12 shares during the period. Capital Management Corp VA raised its stake in Dow Chemical Company (The) by 0.3% in the first quarter. Capital Management Corp VA now owns 4,491 shares of the basic materials company’s stock valued at $285,000 after buying an additional 15 shares during the period. Guardian Life Insurance Co. of America raised its stake in Dow Chemical Company (The) by 0.3% in the first quarter. Guardian Life Insurance Co. of America now owns 4,312 shares of the basic materials company’s stock valued at $274,000 after buying an additional 15 shares during the period. Mark Sheptoff Financial Planning LLC raised its stake in Dow Chemical Company (The) by 0.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 5,017 shares of the basic materials company’s stock valued at $319,000 after buying an additional 17 shares during the period. Finally, Stokes & Hubbell Capital Management LLC raised its stake in Dow Chemical Company (The) by 0.4% in the first quarter. Stokes & Hubbell Capital Management LLC now owns 6,037 shares of the basic materials company’s stock valued at $384,000 after buying an additional 23 shares during the period. Hedge funds and other institutional investors own 68.79% of the company’s stock.

Dow Chemical Company (NYSE:DOW) traded up 0.10% on Friday, hitting $63.17. 1,484,807 shares of the company’s stock traded hands. The stock has a 50-day moving average of $64.63 and a 200-day moving average of $63.02. The stock has a market cap of $77.28 billion, a PE ratio of 27.05 and a beta of 1.13. 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 released its earnings results 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 during 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 company’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.95 earnings per share. On average, equities analysts forecast that Dow Chemical Company will post $4.08 earnings per share for the current fiscal year.

The business also recently announced 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 2.92%. Dow Chemical Company (The)’s dividend payout ratio is currently 76.99%.

WARNING: This news story was originally published by Daily Political and is owned by of Daily Political. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://www.dailypolitical.com/2017/08/11/level-four-advisory-services-llc-has-1-51-million-stake-in-dow-chemical-company-the-nysedow.html.

Several equities research analysts have recently commented on the company. Credit Suisse Group set a $66.00 price objective on Dow Chemical Company (The) and gave the stock a “buy” rating in a research note on Sunday, April 30th. UBS AG restated a “buy” rating and issued a $72.00 price objective on shares of Dow Chemical Company (The) in a research note on Monday, May 15th. BidaskClub lowered Dow Chemical Company (The) from a “sell” rating to a “strong sell” rating in a research note on Thursday. Zacks Investment Research upgraded Dow Chemical Company (The) from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research note on Tuesday, April 18th. Finally, Cowen and Company increased their price target on Dow Chemical Company (The) from $47.00 to $60.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 31st. Two analysts have rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Dow Chemical Company (The) presently has an average rating of “Buy” and an average target price of $71.42.

Dow Chemical Company (The) Company Profile

Want to see what other hedge funds are holding DOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dow Chemical Company (The) (NYSE:DOW).

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

Receive News & Ratings for Dow Chemical Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dow Chemical Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.