Alliancebernstein LP Bought A Lot More Air Products and Chemicals (APD) Stock

Lloyd Doyle
November 15, 2017

Canaccord Genuity upgraded the stock to "Buy" rating in Monday, June 6 report. They now have $140.00 target price on the basic materials company's stock.

Several firms have updated their holdings. About shares traded. Air Products & Chemicals, Inc. Deutsche Bank AG increased their target price on shares of Air Products and Chemicals from $160.00 to $168.00 and gave the stock a "hold" rating in a report on Wednesday, August 2nd. (NYSE:APD) had its price objective boosted by Citigroup Inc. from $172.30 to $185.00 in a research note issued on Friday, October 27th. Credit Suisse Group raised the price target on October 27 changing the forecast from $158.00 to $173.00 with a "Outperform" recommendation. On October 27 SunTrust Banks maintained a company rating of "Buy" with a current price target of $175.00.

Argus raised the price target on November 9 changing the price objective from $0.00 to $192.00 and issued a "Buy" rating.


Motco increased Air Products & Chemical Inc (APD) stake by 6542.03% reported in 2017Q2 SEC filing. The stock decreased 0.13% or $0.15 during the last trading session, reaching $115.5. The company has a current ratio of 2.36, a quick ratio of 2.23 and a debt-to-equity ratio of 0.33. The company's market cap is $35.53 Billion. Air Products and Chemicals has a one year low of $133.63 and a one year high of $163.56. (NYSE:APD). Calamos Advsr Limited Liability Company has invested 0.03% in Air Products & Chemicals, Inc. According to the Analysts, the Low Earnings estimate for the current quarter is $0.12, while the High earnings estimate is $0.33.Comparatively, EPS for the same quarter previous year was $0.39. The company had revenue of $2.20 billion during the quarter, compared to analysts' expectations of $2.12 billion. Air Products & Chemicals, Inc. Principal Financial Group Inc. raised its position in Air Products and Chemicals by 17.6% during the third quarter. Short shares grew 308,987 over that period. If you are reading this article on another site, it was copied illegally and republished in violation of US and global copyright laws. "(APD) Upgraded to "Buy" at HSBC" was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. Dumont Blake Investment Advsrs Limited Liability Co invested in 0.46% or 7,215 shares. (NYSE:APD) were released by: Reuters.com and their article: "Air Products, China's Yankuang to build coal-to-syngas plant in Shaanxi" published on November 09, 2017 as well as Nasdaq.com's news article titled: "Air Products Lands Deal With Yankuang for $3.5B China Plant" with publication date: November 09, 2017.

Large investors have recently added to or reduced their stakes in the business. The value of the position overall is down by 3.2%. Dimensional Fund Advisors Lp owns 536,506 shares with a value of $81,131,000. IMS Capital Management bought a new stake in Air Products and Chemicals in the second quarter valued at approximately $129,000.

WARNING: "Air Products and Chemicals, Inc". BB&T Securities LLC now owns 108,294 shares of the basic materials company's stock worth $14,651,000 after buying an additional 34,951 shares during the period. British Columbia Inv Management Corporation has invested 0.14% in Air Products & Chemicals, Inc. The company has 218.3 Million shares outstanding and 215.78 Million shares were floated in market. Finally, State of Alaska Department of Revenue raised its stake in Air Products and Chemicals by 25.9% in the second quarter. State Street Corp now owns 10,590,428 shares of the basic materials company's stock valued at $1,515,127,000 after acquiring an additional 291,150 shares in the last quarter. Hedge funds and other institutional investors own 88.58% of the company's stock.

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