Sterling Capital Management LLC lifted its stake in Air Liquide SA (OTCMKTS:AIQUY) by 71.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,069 shares of the basic materials company’s stock after buying an additional 7,102 shares during the period. Sterling Capital Management LLC’s holdings in Air Liquide were worth $455,000 as of its most recent SEC filing.
Separately, Lenox Wealth Management Inc. grew its stake in shares of Air Liquide by 52.9% in the third quarter. Lenox Wealth Management Inc. now owns 93,336 shares of the basic materials company’s stock worth $2,490,000 after purchasing an additional 32,281 shares during the last quarter. Institutional investors and hedge funds own 0.07% of the company’s stock.
AIQUY has been the topic of several research reports. Zacks Investment Research cut Air Liquide from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Goldman Sachs Group upgraded shares of Air Liquide from a “neutral” rating to a “buy” rating in a report on Monday, October 2nd. UBS Group upgraded shares of Air Liquide from a “sell” rating to a “neutral” rating in a report on Thursday, December 7th. Finally, Jefferies Group upgraded shares of Air Liquide from a “hold” rating to a “buy” rating in a report on Monday, December 11th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $27.00.
Shares of Air Liquide SA (OTCMKTS:AIQUY) traded up $0.45 on Friday, reaching $26.24. 159,869 shares of the company’s stock were exchanged, compared to its average volume of 75,392. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.87. Air Liquide SA has a 1-year low of $19.31 and a 1-year high of $26.30.
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About Air Liquide
L’Air Liquide SA (Air Liquide) is a France-based company engaged in providing gases, technologies and services for industry and health with a presence in over 80 countries. The Company’s segments include Gas & Services, Engineering & Construction, and Global Markets & Technologies. The Gas & Services activity is organized into four geographic regions: Europe, Americas, Asia-Pacific, and Middle East and Africa.
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