Maryland Capital Management Lifted Its Dow Chemical Company (DOW) Position; Papa Johns International (PZZA) Shorts Up By 1.9%

July 14, 2017 - By Stephen Andrade

Papa Johns International Incorporated (NASDAQ:PZZA) had an increase of 1.9% in short interest. PZZA’s SI was 3.81M shares in July as released by FINRA. Its up 1.9% from 3.74M shares previously. With 544,200 avg volume, 7 days are for Papa Johns International Incorporated (NASDAQ:PZZA)’s short sellers to cover PZZA’s short positions. The SI to Papa Johns International Incorporated’s float is 14.09%. About 110,286 shares traded. Papa John’s Int’l, Inc. (NASDAQ:PZZA) has risen 30.02% since July 14, 2016 and is uptrending. It has outperformed by 13.32% the S&P500.

Maryland Capital Management increased Dow Chemical Company (DOW) stake by 37.1% reported in 2016Q4 SEC filing. Maryland Capital Management acquired 8,817 shares as Dow Chemical Company (DOW)’s stock rose 0.05%. The Maryland Capital Management holds 32,585 shares with $1.86 million value, up from 23,768 last quarter. Dow Chemical Company now has $79.56 billion valuation. The stock rose 0.27% or $0.18 reaching $65.79 per share. About 907,251 shares traded. Dow Chemical Co (NYSE:DOW) has risen 20.72% since July 14, 2016 and is uptrending. It has outperformed by 4.02% the S&P500.

Maryland Capital Management decreased Schwab Charles Corp New (NYSE:SCHW) stake by 31,578 shares to 500,451 valued at $19.75 million in 2016Q4. It also reduced Procter And Gamble Co (NYSE:PG) stake by 5,644 shares and now owns 200,482 shares. Microsoft Corp (NASDAQ:MSFT) was reduced too.

Among 15 analysts covering The Dow Chemical Company (NYSE:DOW), 9 have Buy rating, 1 Sell and 5 Hold. Therefore 60% are positive. The Dow Chemical Company had 41 analyst reports since August 20, 2015 according to SRatingsIntel. On Thursday, August 20 the stock rating was maintained by Deutsche Bank with “Buy”. On Monday, May 1 the stock rating was maintained by RBC Capital Markets with “Buy”. JP Morgan downgraded Dow Chemical Co (NYSE:DOW) on Tuesday, June 28 to “Neutral” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, April 29. Credit Suisse reinitiated the shares of DOW in report on Thursday, March 24 with “Outperform” rating. Jefferies maintained Dow Chemical Co (NYSE:DOW) on Monday, December 14 with “Hold” rating. The company was maintained on Monday, May 2 by Jefferies. The firm has “Equal-Weight” rating given on Friday, July 29 by Barclays Capital. The rating was downgraded by Zacks on Friday, August 14 to “Buy”. UBS downgraded Dow Chemical Co (NYSE:DOW) on Tuesday, December 15 to “Neutral” rating.

Investors sentiment increased to 1.52 in Q4 2016. Its up 0.18, from 1.34 in 2016Q3. It is positive, as 53 investors sold DOW shares while 333 reduced holdings. 128 funds opened positions while 459 raised stakes. 790.77 million shares or 7.17% more from 737.86 million shares in 2016Q3 were reported. First Manhattan accumulated 0.01% or 32,671 shares. Northwestern Mutual Wealth Company reported 47,337 shares stake. Oakwood Capital Mngmt Limited Com Ca accumulated 1.7% or 116,249 shares. Affinity Advisors Limited Com invested in 257,433 shares. Primecap Mngmt Ca stated it has 0.11% in Dow Chemical Co (NYSE:DOW). Waddell & Reed accumulated 1.85M shares. Gillespie Robinson & Grimm holds 3,621 shares or 0.03% of its portfolio. Davis R M Inc invested 0.02% of its portfolio in Dow Chemical Co (NYSE:DOW). Ubs Asset Mngmt Americas Incorporated stated it has 0.26% in Dow Chemical Co (NYSE:DOW). North Forty Mngmt Limited Com holds 850 shares. South State accumulated 31,887 shares. Mutual Of Omaha Financial Bank Wealth has invested 0.85% in Dow Chemical Co (NYSE:DOW). Richard Bernstein Advsr Ltd Liability Company invested in 0.24% or 50,471 shares. King Wealth Management Gru Ltd Company has invested 0.19% in Dow Chemical Co (NYSE:DOW). 8,593 are owned by Intrust State Bank Na.

Papa John’s International, Inc. operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John’s. The company has market cap of $2.71 billion. The Firm operates through five divisions: domestic Company-owned restaurants, North America commissaries, North America franchising, international activities and all other business units. It has a 26.93 P/E ratio. North America is defined as the United States and Canada.

Since February 23, 2017, it had 0 insider buys, and 4 sales for $2.29 million activity. 4,051 shares were sold by Tucker Lance F., worth $333,780. OHern Timothy C sold $490,730 worth of stock or 6,000 shares. Ritchie Steve M sold $831,680 worth of stock.