Mycio Wealth Partners LLC Buys 1,099 Shares of Air Products and Chemicals, Inc. (NYSE:APD)

Mycio Wealth Partners LLC grew its stake in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 15.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,099 shares of the basic materials company's stock after purchasing an additional 1,099 shares during the quarter. Air Products and Chemicals makes up about 0.6% of Mycio Wealth Partners LLC's holdings, making the stock its 19th largest position. Mycio Wealth Partners LLC's holdings in Air Products and Chemicals were worth $2,349,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Silver Oak Securities Incorporated increased its position in shares of Air Products and Chemicals by 1.1% during the 4th quarter. Silver Oak Securities Incorporated now owns 3,074 shares of the basic materials company's stock valued at $888,000 after purchasing an additional 32 shares during the last quarter. CX Institutional increased its holdings in Air Products and Chemicals by 2.6% during the third quarter. CX Institutional now owns 1,343 shares of the basic materials company's stock worth $400,000 after buying an additional 34 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO raised its position in Air Products and Chemicals by 0.3% in the third quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 11,593 shares of the basic materials company's stock worth $3,452,000 after acquiring an additional 34 shares during the period. Bank of Stockton boosted its stake in Air Products and Chemicals by 1.9% in the third quarter. Bank of Stockton now owns 1,813 shares of the basic materials company's stock valued at $540,000 after acquiring an additional 34 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in shares of Air Products and Chemicals by 22.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 203 shares of the basic materials company's stock worth $60,000 after purchasing an additional 37 shares during the last quarter. Institutional investors own 81.66% of the company's stock.

Insiders Place Their Bets

In other news, VP Sean D. Major sold 4,500 shares of the firm's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $315.46, for a total transaction of $1,419,570.00. Following the transaction, the vice president now directly owns 14,273 shares of the company's stock, valued at approximately $4,502,560.58. This trade represents a 23.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Melissa N. Schaeffer sold 3,233 shares of the business's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $307.32, for a total value of $993,565.56. Following the completion of the sale, the chief financial officer now directly owns 10,680 shares of the company's stock, valued at approximately $3,282,177.60. This trade represents a 23.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,749 shares of company stock valued at $3,030,032 over the last quarter. 0.41% of the stock is owned by corporate insiders.

Air Products and Chemicals Price Performance

APD traded up $1.58 on Monday, reaching $316.74. The company had a trading volume of 1,171,412 shares, compared to its average volume of 1,907,431. The business has a 50 day simple moving average of $308.36 and a 200 day simple moving average of $303.65. The company has a market cap of $70.44 billion, a price-to-earnings ratio of 18.39, a P/E/G ratio of 3.47 and a beta of 0.85. Air Products and Chemicals, Inc. has a 52-week low of $220.26 and a 52-week high of $341.14. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.34 and a current ratio of 1.11.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its earnings results on Thursday, February 6th. The basic materials company reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.13 by ($0.27). Air Products and Chemicals had a return on equity of 15.78% and a net margin of 31.88%. As a group, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 12.77 EPS for the current year.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Tuesday, April 1st will be given a $1.79 dividend. This is an increase from Air Products and Chemicals's previous quarterly dividend of $1.77. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $7.16 dividend on an annualized basis and a yield of 2.26%. Air Products and Chemicals's payout ratio is presently 41.11%.

Analysts Set New Price Targets

APD has been the subject of several research reports. UBS Group increased their price objective on Air Products and Chemicals from $375.00 to $385.00 and gave the company a "buy" rating in a report on Tuesday, January 28th. Sanford C. Bernstein raised shares of Air Products and Chemicals from a "market perform" rating to an "outperform" rating and set a $375.00 price objective on the stock in a report on Friday, January 31st. Redburn Atlantic upgraded shares of Air Products and Chemicals from a "sell" rating to a "neutral" rating and set a $330.00 target price for the company in a research note on Friday, October 25th. BNP Paribas raised shares of Air Products and Chemicals to a "strong-buy" rating in a report on Tuesday, February 11th. Finally, BMO Capital Markets cut shares of Air Products and Chemicals from an "outperform" rating to a "market perform" rating in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Air Products and Chemicals presently has an average rating of "Moderate Buy" and a consensus price target of $339.94.

About Air Products and Chemicals

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.