Marathon Patent Group, Inc. (MARA) stock ends Yesterday with change of 58.67%
Britain Expels 23 Russian Diplomats
GM to Pilot Airbnb-Like Service for Autos This Summer
After cancellations, IndiGo to accommodate affected passengers in others flights
(QCOM) Holdings Lifted by Abbrea Capital LLC
Cable Hill Partners LLC Acquires 124 Shares of Dow Chemical Co (DOW)
20 April 2017, 07:08 | Kelvin Horton
The Dow Chemical Company (NYSE:DOW) plans to close a mile of South Saginaw Road in order to consolidate the Dow Chemical and Dow Corning plants on either side of the road into one site, said Rich Wells, vice president of Dow's Michigan Operations. The current share price indicate that stock is -0.25% away from its one year high and is moving 115.38% ahead of its 52-week low.
A number of hedge funds have recently made changes to their positions in the stock. Cable Hill Partners LLC's holdings in Dow Chemical were worth $112,000 at the end of the most recent quarter.
Several other research analysts have also recently weighed in on the company. Atlas Brown Inc. increased its stake in shares of Dow Chemical by 1.0% in the third quarter. Finally, Trust Co increased its stake in shares of Dow Chemical by 0.5% in the second quarter. Smithfield Trust Co. now owns 1,941 shares of the company's stock worth $101,000 after buying an additional 241 shares in the last quarter. Kernodle & Katon Asset Management Group LLC boosted its stake in Dow Chemical by 5.2% in the third quarter. Kistler Tiffany Companies LLC boosted its stake in Dow Chemical by 19.5% in the third quarter. Gulf International Bank UK Ltd increased its stake in shares of Dow Chemical by 1.8% in the third quarter. Searle & CO. now owns 23,270 shares of the company's stock worth $1,207,000 after buying an additional 17,745 shares during the last quarter. Alembic Global Advisors set a $85.00 target price on shares of Dow Chemical and gave the company a "buy" rating in a report on Monday, March 20th. The stock traded at a volume of 2.7 million shares.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 14.07%, and has a solid year to date (YTD) performance of 11.36% which means the stock is constantly adding to its value from the previous fiscal year end price. Dow Chemical Co has a 52 week low of $47.51 and a 52 week high of $65.42.
Another critical number in evaluating a stock is P/E or Price to Earnings ratio.
The Dow Chemical Company (DOW) surprised the stock market in its last reported earnings when it earned $0.99 a piece versus the consensus-estimated $0.88.
The company's expected revenue in the current quarter to be 12.5 Billion, seeing a projected current quarter growth of 9%, and per annum growth estimates over the next 5 year period of around 6.98%. During the same period in the prior year, the firm earned $0.93 earnings per share. The business's quarterly revenue was up 13.6% on a year-over-year basis. Analysts predict that Dow Chemical will post $4.09 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, April 28th. Shareholders of record on Friday, March 31st will be issued a $0.46 dividend. The ex-dividend date of this dividend is Wednesday, March 29th. Dow Chemical's payout ratio is 54.76%.
TRADEMARK VIOLATION NOTICE: This article was first posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this article on another publication, it was copied illegally and reposted in violation of U.S. and worldwide copyright laws. The correct version of this report can be viewed at https://baseballnewssource.com/markets/dow-chemical-co-dow-pt-set-at-85-00-by-alembic-global-advisors-updated/520812.html. Vetr upgraded Dow Chemical from a "sell" rating to a "hold" rating and set a $57.94 target price on the stock in a report on Tuesday, December 27th. Sanford C. Bernstein restated an "overweight" rating on shares of Dow Chemical in a report on Friday, December 23rd. Jefferies Group LLC upgraded shares of Dow Chemical from a "hold" rating to a "buy" rating and boosted their target price for the company from $65.00 to $75.00 in a report on Monday, March 6th.
Currently, EPS of The Dow Chemical Company (DOW) is 0.99 while the analysts predicted the EPS of the stock to be 0.88 suggesting the company fell short of the analysts' expectations. Wall Street is only getting more bullish on the stock, with 16 of analysts who cover DOW having a buy-equivalent rating.
Talks only if Sasikala family is ousted: OPS
The AIADMK split into two after Jayalalithaa's death - one faction is led by Sasikala and the other by Panneerselvam. Munusamy told the media here. "Before local body polls, we have to get back the symbol and our focus is on that".
America's "Facebook Killer" Shoots Himself After Police Chase
Stephens, who had attended an Easter Sunday service before the shooting, demanded Godwin repeat the name of his former girlfriend. Facebook founder, Mark Zuckerberg issued a statement saying, "Our hearts go out to the family and friends of Robert Godwin Snr".
Spicer says Trump is "still under audit"
Saturday's tax demonstrations were timed to take place days before Tuesday's deadline for taxpayers to file their returns. Trump is the first president in more than 40 years that has not publicized his tax returns.
Defense to plead for leniency in death of ex-New Orleans Saint
The court heard hours of impact statements from Smith's friends and family yesterday, including Smith's widow Racquel. "Like rare. And with tears and anger, she lashed out at the man who shot her and killed her husband during a traffic dispute previous year .
Lawsuit: Man deported after being part of protection program
He had minor run-ins with the law, four convictions to be exact: one for shoplifting and three for driving without a license. MONTES-Bojorquez in the days before his detention and subsequent arrest for immigration violations on February 19, 2017".
Barca need five to beat Juve: Luis Enrique
Things have changed since Barcelona's historic comeback against Paris Saint-Germain in the last round of the Champions League . But Juve might be a different proposition altogether, having conceded only two goals in eight games in Europe.