Achmea Investment Management B.V. Lowers Position in Dow Chemical Co (DOW)

Achmea Investment Management B.V. lowered its stake in shares of Dow Chemical Co (NYSE:DOW) by 58.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,598 shares of the basic materials company’s stock after selling 101,857 shares during the period. Achmea Investment Management B.V.’s holdings in Dow Chemical were worth $4,640,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of DOW. Westpac Banking Corp lifted its holdings in Dow Chemical by 123.1% during the first quarter. Westpac Banking Corp now owns 170,598 shares of the basic materials company’s stock worth $8,886,000 after buying an additional 94,121 shares during the period. Choate Investment Advisors lifted its holdings in Dow Chemical by 39.7% during the first quarter. Choate Investment Advisors now owns 6,950 shares of the basic materials company’s stock worth $442,000 after buying an additional 1,975 shares during the period. Kings Point Capital Management lifted its holdings in Dow Chemical by 6,114.5% during the first quarter. Kings Point Capital Management now owns 68,359 shares of the basic materials company’s stock worth $4,344,000 after buying an additional 67,259 shares during the period. MAI Capital Management lifted its holdings in Dow Chemical by 6.4% during the first quarter. MAI Capital Management now owns 40,375 shares of the basic materials company’s stock worth $2,565,000 after buying an additional 2,441 shares during the period. Finally, Oarsman Capital Inc. purchased a new stake in Dow Chemical during the first quarter worth $638,000. Institutional investors own 67.77% of the company’s stock.

A number of analysts have weighed in on the company. BidaskClub lowered Dow Chemical from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $78.00 price target on shares of Dow Chemical in a research report on Wednesday, September 6th. Jefferies Group reaffirmed a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Finally, Cowen reaffirmed a “hold” rating and set a $60.00 price target on shares of Dow Chemical in a research report on Monday, August 28th. One 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 company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $72.02.

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

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About Dow Chemical

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

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