Vaughan David Investments Inc. IL Raises Stake in Dow Chemical Co (DOW)

Vaughan David Investments Inc. IL lifted its stake in shares of Dow Chemical Co (NYSE:DOW) by 239.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,182 shares of the basic materials company’s stock after acquiring an additional 9,303 shares during the period. Vaughan David Investments Inc. IL’s holdings in Dow Chemical were worth $913,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. First Command Bank boosted its holdings in Dow Chemical by 36.9% during the second quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock worth $102,000 after purchasing an additional 436 shares during the last quarter. Perkins Coie Trust Co boosted its holdings in 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 worth $120,000 after purchasing an additional 480 shares during the last quarter. BDO Wealth Advisors LLC acquired a new position in Dow Chemical during the second quarter worth $121,000. Financial Architects Inc boosted its holdings in Dow Chemical by 0.4% during the second quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock worth $144,000 after purchasing an additional 10 shares during the last quarter. Finally, MCF Advisors LLC boosted its holdings in Dow Chemical by 49.3% during the second quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock worth $147,000 after purchasing an additional 770 shares during the last quarter. 67.77% of the stock is owned by institutional investors.

Several brokerages recently commented on DOW. BidaskClub upgraded shares of Dow Chemical from a “strong sell” rating to a “sell” rating in a report on Thursday, August 17th. Royal Bank Of Canada restated a “buy” rating and set a $78.00 target price on shares of Dow Chemical in a report on Wednesday, September 6th. Jefferies Group restated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. Finally, Cowen restated a “hold” rating and set a $60.00 target price on shares of Dow Chemical in a report on Monday, August 28th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $72.02.

Shares of Dow Chemical Co (NYSE DOW) opened at $66.65 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.93 and a quick ratio of 1.32. Dow Chemical Co has a 12 month low of $51.57 and a 12 month high of $67.50.

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Dow Chemical Company Profile

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

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