Griffin Asset Management Inc. Takes $479,000 Position in Dow Chemical Co (DOW)

Griffin Asset Management Inc. acquired a new stake in Dow Chemical Co (NYSE:DOW) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,600 shares of the basic materials company’s stock, valued at approximately $479,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of DOW. Financial Architects Inc increased its stake in shares of 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 acquiring an additional 10 shares during the period. Mascoma Wealth Management LLC increased its stake in shares of Dow Chemical by 0.4% during the second quarter. Mascoma Wealth Management LLC now owns 3,513 shares of the basic materials company’s stock worth $222,000 after acquiring an additional 14 shares during the period. Guardian Life Insurance Co. of America increased its stake in shares of Dow Chemical by 0.3% during the first quarter. Guardian Life Insurance Co. of America now owns 4,312 shares of the basic materials company’s stock worth $274,000 after acquiring an additional 15 shares during the period. Mark Sheptoff Financial Planning LLC increased its stake in shares of Dow Chemical by 0.3% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 5,033 shares of the basic materials company’s stock worth $317,000 after acquiring an additional 16 shares during the period. Finally, Bienville Capital Management LLC increased its stake in shares of Dow Chemical by 0.7% during the second quarter. Bienville Capital Management LLC now owns 4,324 shares of the basic materials company’s stock worth $275,000 after acquiring an additional 30 shares during the period. Institutional investors own 67.77% of the company’s stock.

A number of research analysts have recently issued reports on DOW shares. BidaskClub upgraded shares of Dow Chemical from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 17th. Cowen reiterated a “hold” rating and set a $60.00 price target on shares of Dow Chemical in a research note on Monday, August 28th. Royal Bank Of Canada reiterated a “buy” rating and set a $78.00 price target on shares of Dow Chemical in a research note on Wednesday, September 6th. Finally, Jefferies Group reiterated a “buy” rating on shares of Dow Chemical in a research note on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $72.02.

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

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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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