BDO Wealth Advisors LLC Purchases New Holdings in Dow Chemical Company (The) (DWDP)

BDO Wealth Advisors LLC purchased a new position in shares of Dow Chemical Company (The) (NYSE:DWDP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,057 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds also recently bought and sold shares of DWDP. Tradewinds Capital Management LLC acquired a new stake in Dow Chemical in the third quarter valued at approximately $101,000. Winfield Associates Inc. acquired a new stake in Dow Chemical in the third quarter valued at approximately $103,000. AllSquare Wealth Management LLC acquired a new stake in Dow Chemical in the third quarter valued at approximately $108,000. NewSquare Capital LLC acquired a new stake in Dow Chemical in the third quarter valued at approximately $109,000. Finally, Mountain Capital Investment Advisors Inc acquired a new stake in Dow Chemical in the third quarter valued at approximately $114,000. Institutional investors and hedge funds own 68.74% of the company’s stock.

In related news, insider Andrew N. Liveris sold 78,582 shares of the business’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $71.00, for a total transaction of $5,579,322.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Andrew N. Liveris sold 9,664 shares of the business’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $70.10, for a total transaction of $677,446.40. The disclosure for this sale can be found here. Insiders have sold 495,951 shares of company stock worth $35,502,729 in the last ninety days. 0.89% of the stock is currently owned by insiders.

A number of analysts have issued reports on DWDP shares. Sanford C. Bernstein started coverage on shares of Dow Chemical in a research note on Friday, September 1st. They issued an “outperform” rating and a $79.00 target price for the company. Edward Jones began coverage on shares of Dow Chemical in a research note on Friday, September 1st. They issued a “hold” rating for the company. Cowen began coverage on shares of Dow Chemical in a research report on Friday, September 1st. They issued a “market perform” rating on the stock. UBS began coverage on shares of Dow Chemical in a research report on Friday, September 1st. They issued a “buy” rating on the stock. Finally, Nomura began coverage on shares of Dow Chemical in a research report on Sunday, September 3rd. They issued a “buy” rating and a $77.00 price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have given a buy rating to the company. Dow Chemical has a consensus rating of “Buy” and an average target price of $80.21.

Dow Chemical Company (NYSE DWDP) opened at $71.42 on Wednesday. Dow Chemical Company has a 52-week low of $56.52 and a 52-week high of $73.85. The stock has a market cap of $167,051.89, a price-to-earnings ratio of 19.50, a P/E/G ratio of 2.39 and a beta of 1.15. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.38 and a current ratio of 2.01.

Dow Chemical (NYSE:DWDP) last announced its earnings results on Thursday, November 2nd. The company reported $0.55 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.55. Dow Chemical had a net margin of 5.01% and a return on equity of 9.73%. The business had revenue of $18.29 billion for the quarter, compared to analyst estimates of $18.24 billion. During the same quarter in the previous year, the firm posted $0.91 earnings per share. Dow Chemical’s revenue was up 7.6% compared to the same quarter last year. analysts expect that Dow Chemical Company will post 3.36 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Wednesday, November 15th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend was Tuesday, November 14th. Dow Chemical’s dividend payout ratio (DPR) is currently 73.08%.

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Dow Chemical Company Profile

DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.

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

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