Sun Life Financial INC Purchases 10,977 Shares of Dow Chemical Co (NYSE:DOW)

Sun Life Financial INC lifted its position in shares of Dow Chemical Co (NYSE:DOW) by 4,814.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,205 shares of the basic materials company’s stock after purchasing an additional 10,977 shares during the period. Sun Life Financial INC’s holdings in Dow Chemical were worth $707,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC lifted its stake in Dow Chemical by 54.0% in the first quarter. Private Advisor Group LLC now owns 107,404 shares of the basic materials company’s stock valued at $5,704,000 after buying an additional 37,657 shares during the period. Peapack Gladstone Financial Corp lifted its stake in Dow Chemical by 16.0% in the first quarter. Peapack Gladstone Financial Corp now owns 65,449 shares of the basic materials company’s stock valued at $4,159,000 after buying an additional 9,028 shares during the period. GWM Advisors LLC lifted its stake in Dow Chemical by 27.3% in the first quarter. GWM Advisors LLC now owns 20,214 shares of the basic materials company’s stock valued at $1,288,000 after buying an additional 4,341 shares during the period. Chesapeake Asset Management LLC acquired a new position in Dow Chemical in the first quarter valued at approximately $709,000. Finally, M&T Bank Corp lifted its stake in Dow Chemical by 0.3% in the first quarter. M&T Bank Corp now owns 360,321 shares of the basic materials company’s stock valued at $22,894,000 after buying an additional 1,135 shares during the period. Institutional investors own 67.77% of the company’s stock.

Several equities analysts have issued reports on DOW shares. Cowen reissued a “hold” rating and issued a $60.00 price target on shares of Dow Chemical in a research note on Monday, August 28th. Jefferies Group restated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. Finally, Royal Bank Of Canada restated a “buy” rating and set a $78.00 price objective on shares of Dow Chemical in a report on Wednesday, September 6th. One equities research 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 stock. The company currently 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. The company has a quick ratio of 1.32, a current ratio of 1.93 and a debt-to-equity ratio of 0.68. Dow Chemical Co has a 1-year low of $51.57 and a 1-year high of $67.50.

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About Dow Chemical

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

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