TLP Group LLC Acquires New Stake in Dow Chemical Co (DOW)

TLP Group LLC acquired a new stake in shares of Dow Chemical Co (NYSE:DOW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,998 shares of the basic materials company’s stock, valued at approximately $189,000.

A number of other hedge funds have also recently bought and sold shares of the business. First Command Bank boosted its stake in shares of Dow Chemical by 36.9% during the second quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock valued at $102,000 after purchasing an additional 436 shares during the period. Perkins Coie Trust Co boosted its stake in shares of Dow Chemical by 33.7% during the second quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock valued at $120,000 after purchasing an additional 480 shares during the period. BDO Wealth Advisors LLC purchased a new stake in shares of Dow Chemical during the second quarter valued at $121,000. Financial Architects Inc boosted its stake in shares of Dow Chemical by 0.4% during the second quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock valued at $144,000 after purchasing an additional 10 shares during the period. Finally, MCF Advisors LLC boosted its stake in shares of Dow Chemical by 49.3% during the second quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock valued at $147,000 after purchasing an additional 770 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

DOW has been the subject of a number of recent analyst reports. Cowen and Company reissued a “hold” rating and set a $60.00 target price on shares of Dow Chemical in a research note on Monday, August 28th. Alembic Global Advisors set a $85.00 target price on shares of Dow Chemical and gave the company a “buy” rating in a research note on Thursday, July 27th. BidaskClub raised shares of Dow Chemical from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Jefferies Group LLC reissued a “buy” rating on shares of Dow Chemical in a research note on Tuesday, August 29th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $78.00 target price on shares of Dow Chemical in a research note on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $72.02.

Shares of Dow Chemical Co (NYSE:DOW) opened at $66.65 on Tuesday. Dow Chemical Co has a one year low of $51.57 and a one year high of $67.50. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.93 and a quick ratio of 1.32.

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About Dow Chemical

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

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