Sterling Capital Management LLC Has $919,000 Stock Holdings in L’Air Liquide S.A. (OTCMKTS:AIQUY)

Sterling Capital Management LLC trimmed its stake in shares of L’Air Liquide S.A. (OTCMKTS:AIQUY) by 8.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,276 shares of the basic materials company’s stock after selling 2,489 shares during the period. Sterling Capital Management LLC’s holdings in L’Air Liquide were worth $919,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Rhumbline Advisers boosted its holdings in shares of L’Air Liquide by 5.8% in the fourth quarter. Rhumbline Advisers now owns 61,579 shares of the basic materials company’s stock worth $1,986,000 after buying an additional 3,371 shares during the period. Madison Investment Advisors LLC purchased a new position in L’Air Liquide during the 4th quarter worth approximately $1,147,000. Finally, SVB Wealth LLC purchased a new position in L’Air Liquide during the 4th quarter worth approximately $248,000. Hedge funds and other institutional investors own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of L’Air Liquide in a research note on Monday, March 24th. Redburn Atlantic upgraded shares of L’Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th.

L’Air Liquide Stock Performance

Shares of OTCMKTS AIQUY opened at $39.19 on Wednesday. L’Air Liquide S.A. has a one year low of $31.68 and a one year high of $39.98. The business’s 50-day moving average price is $37.57 and its two-hundred day moving average price is $35.49. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.57 and a current ratio of 0.77.

L’Air Liquide Company Profile

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.