Systematic Financial Management LP Sells 14,240 Shares of Dow Chemical Co (DOW)

Systematic Financial Management LP reduced its position in shares of Dow Chemical Co (NYSE:DOW) by 18.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,141 shares of the basic materials company’s stock after selling 14,240 shares during the period. Systematic Financial Management LP’s holdings in Dow Chemical were worth $3,919,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DOW. Vanguard Group Inc. lifted its position in Dow Chemical by 7.6% in the first quarter. Vanguard Group Inc. now owns 81,191,459 shares of the basic materials company’s stock valued at $5,158,905,000 after acquiring an additional 5,722,128 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Dow Chemical by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 16,655,781 shares of the basic materials company’s stock valued at $1,050,480,000 after acquiring an additional 114,858 shares during the last quarter. FMR LLC lifted its position in Dow Chemical by 11.8% in the first quarter. FMR LLC now owns 15,503,280 shares of the basic materials company’s stock valued at $985,078,000 after acquiring an additional 1,638,866 shares during the last quarter. Glenview Capital Management LLC lifted its position in Dow Chemical by 34.8% in the first quarter. Glenview Capital Management LLC now owns 11,864,132 shares of the basic materials company’s stock valued at $753,847,000 after acquiring an additional 3,066,049 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Dow Chemical by 26.8% in the first quarter. Ameriprise Financial Inc. now owns 10,592,146 shares of the basic materials company’s stock valued at $674,160,000 after acquiring an additional 2,237,295 shares during the last quarter. 67.77% of the stock is owned by institutional investors and hedge funds.

DOW has been the topic of a number of recent research reports. restated a “hold” rating and issued a $60.00 price objective on shares of Dow Chemical in a research note on Monday, August 28th. Jefferies Group LLC restated a “buy” rating on shares of Dow Chemical in a research note on Tuesday, August 29th. lowered shares of Dow Chemical from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Royal Bank Of Canada restated a “buy” rating and issued a $78.00 price objective on shares of Dow Chemical in a research note on Wednesday, September 6th. Finally, set a $85.00 price objective on shares of Dow Chemical and gave the company a “buy” rating in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $72.02.

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Dow Chemical Co (DOW) opened at $66.65 on Wednesday. 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 1 year low of $51.57 and a 1 year high of $67.50.

Dow Chemical Profile

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

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