Aviva PLC Buys 10,495 Shares of Dow Chemical Co (DOW)

Aviva PLC boosted its stake in shares of Dow Chemical Co (NYSE:DOW) by 1.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 763,415 shares of the basic materials company’s stock after purchasing an additional 10,495 shares during the quarter. Aviva PLC owned approximately 0.06% of Dow Chemical worth $48,156,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. First Command Bank increased its holdings in Dow Chemical by 36.9% during the 2nd 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 increased its holdings in Dow Chemical by 33.7% during the 2nd 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 increased its holdings in Dow Chemical by 0.4% during the 2nd 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 increased its holdings in Dow Chemical by 49.3% during the 2nd 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 increased its holdings in Dow Chemical by 262.7% during the 1st 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.

TRADEMARK VIOLATION WARNING: This report was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The original version of this report can be read at https://ledgergazette.com/2017/10/20/aviva-plc-buys-10495-shares-of-dow-chemical-co-dow.html.

A number of research firms have recently commented on DOW. BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. Zacks Investment Research downgraded Dow Chemical from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Royal Bank Of Canada reiterated a “buy” rating and issued a $78.00 price objective on shares of Dow Chemical in a report on Wednesday, September 6th. Finally, Cowen and Company reiterated a “hold” rating and issued a $60.00 price objective on shares of Dow Chemical in a report on Friday, July 14th. 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 given a strong buy rating to the company’s stock. Dow Chemical has a consensus rating of “Buy” and an average target price of $72.02.

Dow Chemical Co (NYSE DOW) opened at 66.65 on Friday. Dow Chemical Co has a 1-year low of $51.57

Other hedge funds and other institutional investors also recently modified their holdings of the company. First Command Bank increased its holdings in Dow Chemical by 36.9% during the 2nd 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 increased its holdings in Dow Chemical by 33.7% during the 2nd 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 increased its holdings in Dow Chemical by 0.4% during the 2nd 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 increased its holdings in Dow Chemical by 49.3% during the 2nd 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 increased its holdings in Dow Chemical by 262.7% during the 1st 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.

TRADEMARK VIOLATION WARNING: This report was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The original version of this report can be read at https://ledgergazette.com/2017/10/20/aviva-plc-buys-10495-shares-of-dow-chemical-co-dow.html.

A number of research firms have recently commented on DOW. BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. Zacks Investment Research downgraded Dow Chemical from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Royal Bank Of Canada reiterated a “buy” rating and issued a $78.00 price objective on shares of Dow Chemical in a report on Wednesday, September 6th. Finally, Cowen and Company reiterated a “hold” rating and issued a $60.00 price objective on shares of Dow Chemical in a report on Friday, July 14th. 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 given a strong buy rating to the company’s stock. Dow Chemical has a consensus rating of “Buy” and an average target price of $72.02.

Dow Chemical Co (NYSE DOW) opened at 66.65 on Friday. Dow Chemical Co has a 1-year low of $51.57 and a 1-year high of $67.50. The stock has a market cap of $81.54 billion, a P/E ratio of 28.54 and a beta of 1.13. The company’s 50-day moving average price is $64.79 and its 200-day moving average price is $63.46.

Dow Chemical (NYSE:DOW) last released its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate 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 had a return on equity of 19.01% and a net margin of 9.82%. The company’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 earnings per share. Analysts predict that Dow Chemical Co will post $4.11 EPS for the current year.

About Dow Chemical

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

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