Annis Gardner Whiting Capital Advisors LLC Has $249,000 Holdings in Air Products and Chemicals, Inc. (NYSE:APD)

Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 24.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 904 shares of the basic materials company’s stock after purchasing an additional 178 shares during the quarter. Annis Gardner Whiting Capital Advisors LLC’s holdings in Air Products and Chemicals were worth $249,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Cape Cod Five Cents Savings Bank bought a new stake in Air Products and Chemicals in the 3rd quarter valued at $376,000. Eos Management L.P. increased its holdings in Air Products and Chemicals by 26.2% in the 4th quarter. Eos Management L.P. now owns 27,558 shares of the basic materials company’s stock valued at $7,545,000 after buying an additional 5,727 shares during the period. Roffman Miller Associates Inc. PA increased its holdings in Air Products and Chemicals by 3.6% in the 4th quarter. Roffman Miller Associates Inc. PA now owns 65,192 shares of the basic materials company’s stock valued at $17,850,000 after buying an additional 2,285 shares during the period. BKM Wealth Management LLC bought a new stake in Air Products and Chemicals in the 4th quarter valued at $1,177,000. Finally, Zenyatta Capital Management LP increased its holdings in Air Products and Chemicals by 46.7% in the 4th quarter. Zenyatta Capital Management LP now owns 22,000 shares of the basic materials company’s stock valued at $6,024,000 after buying an additional 7,000 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Trading Down 0.6 %

Shares of NYSE:APD traded down $1.51 during mid-day trading on Thursday, reaching $263.14. The stock had a trading volume of 496,746 shares, compared to its average volume of 1,711,363. The firm has a market cap of $58.50 billion, a PE ratio of 23.89, a price-to-earnings-growth ratio of 2.87 and a beta of 0.80. The firm has a 50 day simple moving average of $242.18 and a two-hundred day simple moving average of $251.53. The company has a current ratio of 1.49, a quick ratio of 1.31 and a debt-to-equity ratio of 0.77. Air Products and Chemicals, Inc. has a twelve month low of $212.24 and a twelve month high of $307.71.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Tuesday, April 30th. The basic materials company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. Air Products and Chemicals had a net margin of 20.32% and a return on equity of 16.56%. The business had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period last year, the company posted $2.74 EPS. Air Products and Chemicals’s revenue for the quarter was down 8.4% on a year-over-year basis. On average, research analysts predict that Air Products and Chemicals, Inc. will post 12.3 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 12th. Investors of record on Monday, July 1st will be paid a dividend of $1.77 per share. The ex-dividend date is Friday, June 28th. This represents a $7.08 dividend on an annualized basis and a yield of 2.69%. Air Products and Chemicals’s payout ratio is 63.90%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on APD shares. Seaport Res Ptn lowered shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating in a report on Tuesday, February 6th. TheStreet lowered shares of Air Products and Chemicals from a “b” rating to a “c+” rating in a report on Monday, February 5th. StockNews.com raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Friday, May 10th. UBS Group lowered shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $328.00 to $241.00 in a report on Thursday, February 8th. Finally, Morgan Stanley lowered their target price on shares of Air Products and Chemicals from $285.00 to $240.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $273.77.

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.