It is positive, as 53 investors sold Dow Chemical Co shares while 333 reduced holdings. Banco Santander S.A. purchased a new position in Dow Chemical Company (The) during the fourth quarter valued at $10,434,000. Oakview Capital Management L.P. bought a new position in Dow Chemical Company (The) during the fourth quarter valued at approximately $9,645,000. Perkins Coie Trust Communication holds 0.05% of its portfolio in Dow Chemical Co (NYSE:DOW) for 1,426 shares. Bremer Trust National Association now owns 21,010 shares of the basic materials company's stock valued at $1,335,000 after buying an additional 983 shares in the last quarter. Clearbridge Investments LLC now owns 866,166 shares of the basic materials company's stock valued at $55,036,000 after buying an additional 250,472 shares during the period. Finally, Alpine Associates Management Inc. boosted its position in Dow Chemical Company (The) by 514.0% in the fourth quarter. Alpine Associates Management Inc. now owns 228,400 shares of the basic materials company's stock valued at $13,069,000 after buying an additional 191,200 shares during the period.
The Dow Chemical Company (DOW) surprised the stock market in its last reported earnings when it earned $1.04 a piece versus the consensus-estimated $0.99.
In Friday trading The Dow Chemical Company (DOW) stock is attractive participant of Wall Street Market. Dow Chemical Company has a 52-week low of $47.51 and a 52-week high of $65.47.
Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is -1.37% and standing 0.45% away from 50-Day Simple Moving Average while traded up 6.57% from 200-Day Simple Moving Average. The company has market cap of $1.47 billion.
Dow Chemical Company (NYSE:DOW) now has a trailing P/E of 15.45 while its forward P/E according to Thomson Reuters is 14.22. The basic materials company reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.05. The business had revenue of $13.23 billion for the quarter, compared to analyst estimates of $12.46 billion.
The Dow Chemical Company manufactures and supplies products used primarily as raw materials in the manufacture of customer services and products. The business's quarterly revenue was up 23.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.89 EPS.
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Equities research analysts forecast that Arena Pharmaceuticals will post ($3.19) earnings per share for the current fiscal year. Tudor Investment Corp Et Al boosted its stake in shares of Arena Pharmaceuticals by 200.1% in the fourth quarter.
Diluted EPS for trailing twelve months is 4.06 and Quarterly Earnings Growth year over year is 249.6 Percent.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 28th. 500,786 are held by Federated Investors Pa. Lincoln Natl Corporation holds 0.02% in Dow Chemical Co (NYSE:DOW) or 7,291 shares. The ex-dividend date is Wednesday, June 28th.
The counter witnessed a trading volume of 2.63 million shares versus an average volume of 1.84 million shares during last trading session. Dow Chemical Company (The)'s dividend payout ratio (DPR) is presently 46.82%.
The Stock traded with an actual day volume of 4.44 Million and average volume of 5.6 Million respectively. If you are accessing this story on another website, it was stolen and reposted in violation of USA & global copyright legislation. The legal version of this article can be viewed at https://transcriptdaily.com/2017/07/01/dow-chemical-company-the-nysedow-upgraded-at-bidaskclub.html.
DOW has been the subject of a number of research analyst reports. Vetr cut shares of Dow Chemical Company (The) from a "strong-buy" rating to a "buy" rating and set a $71.22 price objective for the company.in a research note on Monday, March 13th. Jefferies Group LLC raised shares of Dow Chemical Company (The) from a hold rating to a buy rating and boosted their target price for the company from $65.00 to $75.00 in a research report on Monday, March 6th. Finally, Erste Group assumed coverage on shares of Dow Chemical Company (The) in a research report on Tuesday, April 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock.
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