Security National Trust Co. cut its position in Dow Chemical Co (NYSE:DOW) by 1.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,564 shares of the basic materials company’s stock after selling 725 shares during the period. Security National Trust Co.’s holdings in Dow Chemical were worth $2,306,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Command Bank raised its holdings in Dow Chemical 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 purchasing an additional 436 shares during the period. Perkins Coie Trust Co raised its holdings in Dow Chemical 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 purchasing an additional 480 shares during the period. Financial Architects Inc raised its holdings in Dow Chemical by 0.4% in the second 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 period. MCF Advisors LLC raised its holdings in Dow Chemical by 49.3% in the second 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 period. Finally, Ruggie Capital Group raised its holdings in Dow Chemical by 262.7% in the first quarter. Ruggie Capital Group now owns 2,637 shares of the basic materials company’s stock worth $168,000 after purchasing an additional 1,910 shares during the period. Institutional investors own 67.77% of the company’s stock.

Dow Chemical Co (DOW) opened at 66.65 on Monday. The company has a market cap of $81.54 billion, a P/E ratio of 28.54 and a beta of 1.13. Dow Chemical Co has a 52-week low of $51.57 and a 52-week high of $67.50. The company has a 50-day moving average of $64.79 and a 200-day moving average of $63.46.

Dow Chemical (NYSE:DOW) last released its quarterly earnings data on Thursday, July 27th. The basic materials company reported $1.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.07. Dow Chemical had a net margin of 9.82% and a return on equity of 19.01%. The firm had revenue of $13.83 billion for the quarter, compared to the consensus estimate of $13.60 billion. During the same quarter in the prior year, the company posted $0.95 earnings per share. The business’s revenue was up 15.7% on a year-over-year basis. On average, equities research analysts expect that Dow Chemical Co will post $4.11 earnings per share for the current fiscal year.

Several research firms have weighed in on DOW. Royal Bank Of Canada reiterated a “buy” rating and issued a $78.00 target price on shares of Dow Chemical in a report on Wednesday, September 6th. Alembic Global Advisors set a $85.00 price objective on shares of Dow Chemical and gave the stock a “buy” rating in a research report on Thursday, July 27th. BidaskClub raised shares of Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Cowen and Company reissued a “hold” rating and set a $60.00 price objective on shares of Dow Chemical in a research report on Friday, July 14th. Finally, Jefferies Group LLC reissued a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. One equities 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 company. Dow Chemical has a consensus rating of “Buy” and an average target price of $72.02.

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About Dow Chemical

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

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