The Dow Chemical Co (DOW) Shares Sold by Pittenger & Anderson Inc
- Author: Zachary Reyes Mar 31, 2017,
Mar 31, 2017, 3:51
The institutional investor acquired 202,529 shares of the company's stock, valued at approximately $11,588,000. CA boosted its stake in Dow Chemical by 0.9% in the third quarter. The company's last traded volume of 2.75 million shares was more it's an average volume of 1.19 million shares. (EMN) for the next year 5 years is 6.5 percent (per annum), as compared to 9.25 percent (per annum) in the past 5 years. About 65% of these analysts have recommended a "buy" for the stock, while 35% of the analysts have recommended a "hold", and none of the analysts have recommended a "sell".
The Dow Chemical Company shares increased 2.6 percent over the past week and rose 3.47 percent over the previous month. Highland Capital Management LLC now owns 110,600 shares of the company's stock valued at $5,732,000 after buying an additional 945 shares during the last quarter. Adirondack Trust Co. increased its position in shares of Dow Chemical by 68.6% in the third quarter. Philadelphia Trust Co. now owns 6,322 shares of the company's stock worth $328,000 after buying an additional 25 shares in the last quarter. Finally, Alpine Associates Management Inc. raised its position in Dow Chemical by 514.0% in the fourth quarter.
Dow Chemical (NYSE:DOW) opened at 64.54 on Monday. The company has a market cap of $78.16 billion, a price-to-earnings ratio of 18.30 and a beta of 1.12. According to these analysts, the Low Revenue Estimate for The Dow Chemical Company is 12.17 Billion and the High Revenue Estimate is 13.17 Billion. The stock stands -8.07% below the average-price of 50 days and -5.47% compared with the SMA 20.
Dow Chemical (NYSE:DOW) last issued its earnings results on Thursday, January 26th. The company reported $0.99 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.88 by $0.11. In iOS 10.3, it has added a long-awaited feature, which has been there for Google apps for half a decade the company will now allow iOS app developers to converse with users. Dow Chemical had a return on equity of 16.85% and a net margin of 8.97%. The analyst projections are $1.75 in EPS on $2.25 billion in revenues. During the same quarter in the prior year, the firm posted $0.93 EPS. Analyst's mean target price for F is $13.19 while analysts mean recommendation is 2.70.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 28th. The High end of the forecast is $0.52/share, while the Low end is $0.52/share. This represents a $1.84 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Wednesday, March 29th. Sanford C. Bernstein reissued an "overweight" rating on shares of Dow Chemical in a research note on Friday, December 23rd.
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Several investment firms issued their expert ratings on The Dow Chemical Company (DOW) in which UBS Upgrades The Dow Chemical Company (DOW) to Buy with no specific Price Target on 10/10/16. Jefferies Group LLC reissued a "hold" rating and issued a $65.00 target price on shares of Dow Chemical in a research note on Thursday, February 2nd. Dow Chemical's dividend payout ratio (DPR) is presently 54.76%.