Air Products & Chemicals (APD) : Exxonmobil Investment Management Inc Tx scooped up 4,954 additional shares in Air Products & Chemicals during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 55,293 shares of Air Products & Chemicals which is valued at $7,468,978.Air Products & Chemicals makes up approximately 0.16% of Exxonmobil Investment Management Inc Tx’s portfolio.
Other Hedge Funds, Including , Advisory Services Network reduced its stake in APD by selling 85 shares or 7.7% in the most recent quarter. The Hedge Fund company now holds 1,019 shares of APD which is valued at $137,647. Air Products & Chemicals makes up approx 0.03% of Advisory Services Network’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in APD by selling 35,215 shares or 59.19% in the most recent quarter. The Hedge Fund company now holds 24,284 shares of APD which is valued at $3,326,422. Air Products & Chemicals makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio. Independent Portfolio Consultants added APD to its portfolio by purchasing 3,965 company shares during the most recent quarter which is valued at $543,126. Air Products & Chemicals makes up approx 0.17% of Independent Portfolio Consultants’s portfolio.Private Asset Management Inc boosted its stake in APD in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 3,300 shares of Air Products & Chemicals which is valued at $452,034. Air Products & Chemicals makes up approx 0.08% of Private Asset Management Inc’s portfolio.Lvm Capital Management Ltdmi boosted its stake in APD in the latest quarter, The investment management firm added 700 additional shares and now holds a total of 2,350 shares of Air Products & Chemicals which is valued at $321,903. Air Products & Chemicals makes up approx 0.10% of Lvm Capital Management Ltdmi’s portfolio.
Air Products & Chemicals closed down -1.95 points or -1.42% at $135.08 with 18,86,771 shares getting traded on Friday. Post opening the session at $137.23, the shares hit an intraday low of $133.74 and an intraday high of $137.23 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Air Products & Chemicals reported $1.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.90. The company had revenue of $2434.40 million for the quarter, compared to analysts expectations of $2404.06 million. The company’s revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.65 EPS.
Many Wall Street Analysts have commented on Air Products & Chemicals. Air Products & Chemicals was Upgraded by JP Morgan to ” Overweight” on Aug 12, 2016. Seaport Global Securities Upgraded Air Products & Chemicals on Jul 11, 2016 to ” Buy”, Price Target of the shares are set at $165.
Air Products and Chemicals Inc. is an industrial gases company which offers atmospheric gases process and specialty gases electronics and performance materials equipment and services. The Company’s segments include Industrial GasesAmericas; Industrial Gases EMEA (Europe Middle East and Africa); Industrial GasesAsia; Industrial GasesGlobal; Materials Technologies; Energy-from-Waste and Corporate and other. The Company manufactures and distributes products in two lines of business: Industrial Gases and Materials Technologies. Industrial Gases’ primary products include atmospheric gases process gases and equipment for air separation. Materials Technologies’ primary products include performance materials and chemicals such as epoxy amine curing agents polyurethane catalysts additives and specialty surfactants and electronics materials such as specialty gases chemical mechanical planarization slurries and specialty chemicals.