Curi RMB Capital LLC Has $3.98 Million Stake in Air Products and Chemicals, Inc. (NYSE:APD)

Curi RMB Capital LLC decreased its position in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 14.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,709 shares of the basic materials company's stock after selling 2,308 shares during the quarter. Curi RMB Capital LLC's holdings in Air Products and Chemicals were worth $3,976,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Chelsea Counsel Co. boosted its stake in shares of Air Products and Chemicals by 1.5% during the 3rd quarter. Chelsea Counsel Co. now owns 3,377 shares of the basic materials company's stock worth $1,005,000 after acquiring an additional 50 shares in the last quarter. Tudor Financial Inc. bought a new position in Air Products and Chemicals during the third quarter worth $1,654,000. Anchor Investment Management LLC lifted its stake in shares of Air Products and Chemicals by 35.5% in the third quarter. Anchor Investment Management LLC now owns 2,930 shares of the basic materials company's stock valued at $872,000 after buying an additional 768 shares during the period. World Investment Advisors LLC lifted its position in shares of Air Products and Chemicals by 1,205.1% in the 3rd quarter. World Investment Advisors LLC now owns 38,423 shares of the basic materials company's stock worth $11,440,000 after acquiring an additional 35,479 shares during the period. Finally, Wilmington Savings Fund Society FSB increased its holdings in Air Products and Chemicals by 286.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 21,299 shares of the basic materials company's stock valued at $6,342,000 after buying an additional 15,791 shares during the period. 81.66% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Air Products and Chemicals news, insider Francesco Maione sold 2,016 shares of Air Products and Chemicals stock in a transaction on Monday, February 10th. The stock was sold at an average price of $306.00, for a total value of $616,896.00. Following the completion of the transaction, the insider now directly owns 3,834 shares of the company's stock, valued at $1,173,204. The trade was a 34.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Wilbur Mok sold 1,300 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $315.88, for a total value of $410,644.00. Following the completion of the transaction, the insider now directly owns 3,193 shares of the company's stock, valued at approximately $1,008,604.84. This trade represents a 28.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,500 shares of company stock worth $4,842,604 in the last quarter. Corporate insiders own 0.41% of the company's stock.

Air Products and Chemicals Stock Performance

Shares of APD traded up $4.12 during trading hours on Thursday, hitting $268.86. The company had a trading volume of 813,572 shares, compared to its average volume of 1,486,899. Air Products and Chemicals, Inc. has a 12 month low of $228.81 and a 12 month high of $341.14. The firm has a market cap of $59.81 billion, a price-to-earnings ratio of 15.61, a PEG ratio of 3.07 and a beta of 0.89. The business has a fifty day moving average of $289.66 and a 200-day moving average of $305.94. The company has a quick ratio of 0.96, a current ratio of 1.11 and a debt-to-equity ratio of 0.71.

Air Products and Chemicals (NYSE:APD - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The basic materials company reported $2.86 EPS for the quarter, missing analysts' consensus estimates of $3.13 by ($0.27). Air Products and Chemicals had a net margin of 31.88% and a return on equity of 15.78%. Equities analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on APD shares. BNP Paribas upgraded Air Products and Chemicals to a "strong-buy" rating in a research note on Tuesday, February 11th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $320.00 price target (down previously from $345.00) on shares of Air Products and Chemicals in a research note on Friday, February 7th. Wells Fargo & Company reduced their price target on Air Products and Chemicals from $365.00 to $320.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. StockNews.com cut shares of Air Products and Chemicals from a "hold" rating to a "sell" rating in a report on Friday, February 7th. Finally, BMO Capital Markets lowered Air Products and Chemicals from an "outperform" rating to a "market perform" rating in a report on Friday, February 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Air Products and Chemicals presently has an average rating of "Moderate Buy" and an average target price of $332.18.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.