Blue Rock Advisors LLC purchased a new position in shares of Dow Chemical Co (NYSE:DOW) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,122 shares of the basic materials company’s stock, valued at approximately $197,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DOW. Vanguard Group Inc. grew its holdings in shares of Dow Chemical by 7.6% during the 1st quarter. Vanguard Group Inc. now owns 81,191,459 shares of the basic materials company’s stock worth $5,158,905,000 after purchasing an additional 5,722,128 shares during the period. Jana Partners LLC purchased a new position in shares of Dow Chemical during the 1st quarter worth $225,688,000. Glenview Capital Management LLC grew its holdings in shares of Dow Chemical by 34.8% during the 1st quarter. Glenview Capital Management LLC now owns 11,864,132 shares of the basic materials company’s stock worth $753,847,000 after purchasing an additional 3,066,049 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Dow Chemical by 26.8% during the 1st quarter. Ameriprise Financial Inc. now owns 10,592,146 shares of the basic materials company’s stock worth $674,160,000 after purchasing an additional 2,237,295 shares during the period. Finally, FMR LLC grew its holdings in shares of Dow Chemical by 11.8% during the 1st quarter. FMR LLC now owns 15,503,280 shares of the basic materials company’s stock worth $985,078,000 after purchasing an additional 1,638,866 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

DOW has been the topic of several research reports. Royal Bank Of Canada reissued a “buy” rating and set a $78.00 target price on shares of Dow Chemical in a research note on Wednesday, September 6th. Alembic Global Advisors set a $85.00 target price on Dow Chemical and gave the stock a “buy” rating in a research note on Thursday, July 27th. BidaskClub raised Dow Chemical from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Cowen and Company reissued a “hold” rating and set a $60.00 target price on shares of Dow Chemical in a research note on Friday, July 14th. Finally, Jefferies Group LLC reissued 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 stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $72.02.

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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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