Tetrem Capital Management Ltd. lessened its stake in shares of Dow Chemical Co (NYSE:DOW) by 22.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 773,926 shares of the basic materials company’s stock after selling 220,173 shares during the quarter. Dow Chemical comprises about 2.1% of Tetrem Capital Management Ltd.’s holdings, making the stock its 20th biggest holding. Tetrem Capital Management Ltd. owned 0.06% of Dow Chemical worth $48,812,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of DOW. Vanguard Group Inc. lifted its position in shares of Dow Chemical by 7.6% during the 1st quarter. Vanguard Group Inc. now owns 81,191,459 shares of the basic materials company’s stock worth $5,158,905,000 after buying an additional 5,722,128 shares during the last quarter. Jana Partners LLC purchased a new stake in shares of Dow Chemical during the 1st quarter worth approximately $225,688,000. BlackRock Inc. lifted its position in shares of Dow Chemical by 3.8% during the 2nd quarter. BlackRock Inc. now owns 83,423,778 shares of the basic materials company’s stock worth $5,261,538,000 after buying an additional 3,075,321 shares during the last quarter. Glenview Capital Management LLC lifted its position in shares of Dow Chemical by 34.8% during the 1st quarter. Glenview Capital Management LLC now owns 11,864,132 shares of the basic materials company’s stock worth $753,847,000 after buying an additional 3,066,049 shares during the last quarter. Finally, FMR LLC lifted its position in shares of Dow Chemical by 11.8% during the 1st quarter. FMR LLC now owns 15,503,280 shares of the basic materials company’s stock worth $985,078,000 after buying an additional 1,638,866 shares during the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

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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.

Several research firms recently commented on DOW. Royal Bank Of Canada reiterated a “buy” rating and issued a $78.00 price target on shares of Dow Chemical in a research report on Wednesday, September 6th. Alembic Global Advisors set a $85.00 price target on shares of Dow Chemical and gave the company a “buy” rating in a research report on Thursday, July 27th. BidaskClub downgraded shares of Dow Chemical from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Jefferies Group LLC reiterated a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Finally, Cowen and Company reiterated a “hold” rating and issued a $60.00 price target on shares of Dow Chemical in a research report on Monday, August 28th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $72.02.

Dow Chemical Company Profile

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

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