44,840 Shares in Dow Chemical Company (The) (DWDP) Acquired by Steward Partners Investment Advisory LLC
Steward Partners Investment Advisory LLC acquired a new stake in shares of Dow Chemical Company (The) (NYSE:DWDP) in the 3rd quarter, HoldingsChannel reports. The firm acquired 44,840 shares of the company’s stock, valued at approximately $3,104,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of DWDP. Excalibur Management Corp acquired a new position in Dow Chemical during the 3rd quarter worth approximately $303,000. River Wealth Advisors LLC acquired a new position in Dow Chemical during the 3rd quarter worth approximately $279,000. Third Point LLC acquired a new position in Dow Chemical during the 3rd quarter worth approximately $1,041,116,000. CNA Financial Corp acquired a new position in Dow Chemical during the 3rd quarter worth approximately $3,569,000. Finally, Davidson & Garrard Inc. acquired a new position in Dow Chemical during the 3rd quarter worth approximately $4,575,000. 68.77% of the stock is owned by hedge funds and other institutional investors.
In other Dow Chemical news, General Counsel Charles J. Kalil sold 78,895 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $71.00, for a total transaction of $5,601,545.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Andrew N. Liveris sold 187,402 shares of the stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $72.23, for a total value of $13,536,046.46. The disclosure for this sale can be found here. In the last quarter, insiders have sold 495,951 shares of company stock worth $35,502,729. 0.89% of the stock is owned by insiders.
Shares of Dow Chemical Company (NYSE:DWDP) opened at $75.41 on Tuesday. The company has a market capitalization of $176,458.66, a price-to-earnings ratio of 36.25, a price-to-earnings-growth ratio of 2.16 and a beta of 1.16. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.29. Dow Chemical Company has a fifty-two week low of $56.76 and a fifty-two week high of $76.34.
Dow Chemical (NYSE:DWDP) last announced its earnings results on Thursday, November 2nd. The company reported $0.55 EPS for the quarter, meeting analysts’ consensus estimates of $0.55. The firm had revenue of $18.29 billion for the quarter, compared to analysts’ expectations of $18.24 billion. Dow Chemical had a return on equity of 9.73% and a net margin of 5.01%. Dow Chemical’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 EPS. equities research analysts forecast that Dow Chemical Company will post 3.34 earnings per share for the current year.
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About Dow Chemical
DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.
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