Toronto Dominion Bank boosted its stake in shares of Dow Chemical Co (NYSE:DOW) by 26.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 386,903 shares of the basic materials company’s stock after purchasing an additional 80,358 shares during the quarter. Toronto Dominion Bank’s holdings in Dow Chemical were worth $24,398,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. First Command Bank boosted its position 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 acquiring an additional 436 shares during the period. Perkins Coie Trust Co boosted its position 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 acquiring an additional 480 shares during the period. BDO Wealth Advisors LLC acquired a new position in Dow Chemical during the 2nd quarter worth $121,000. Financial Architects Inc boosted its position 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 acquiring an additional 10 shares during the period. Finally, MCF Advisors LLC boosted its position 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 acquiring an additional 770 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.
Shares of Dow Chemical Co (DOW) opened at $66.65 on Wednesday. Dow Chemical Co has a 12 month low of $51.57 and a 12 month high of $67.50. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.32 and a current ratio of 1.93.
A number of research analysts have issued reports on the company. Royal Bank Of Canada reiterated a “buy” rating and set a $78.00 price target on shares of Dow Chemical in a research report on Wednesday, September 6th. Jefferies Group reiterated a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Cowen reiterated a “hold” rating and set a $60.00 price target on shares of Dow Chemical in a research report on Monday, August 28th. Finally, BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $72.02.
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Dow Chemical Profile
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