Chicago Partners Investment Group LLC Sells 74 Shares of Air Products and Chemicals, Inc. (NYSE:APD)

Chicago Partners Investment Group LLC lessened its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 6.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,060 shares of the basic materials company’s stock after selling 74 shares during the period. Chicago Partners Investment Group LLC’s holdings in Air Products and Chemicals were worth $346,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its position in Air Products and Chemicals by 0.3% during the 3rd 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 buying an additional 34 shares during the period. CX Institutional increased its position in Air Products and Chemicals by 2.6% during the 3rd 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 period. Bank of Stockton increased its position in Air Products and Chemicals by 1.9% during the 3rd quarter. Bank of Stockton now owns 1,813 shares of the basic materials company’s stock worth $540,000 after buying an additional 34 shares during the period. Cape Investment Advisory Inc. increased its position in Air Products and Chemicals by 1.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 3,740 shares of the basic materials company’s stock worth $906,000 after buying an additional 37 shares during the period. Finally, Exchange Traded Concepts LLC increased its position in 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 buying an additional 37 shares during the period. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $306.35 on Wednesday. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $68.11 billion, a PE ratio of 26.55, a P/E/G ratio of 3.25 and a beta of 0.81. Air Products and Chemicals, Inc. has a 12 month low of $212.24 and a 12 month high of $332.42. The stock has a 50-day moving average price of $299.56 and a two-hundred day moving average price of $275.91.

Analyst Ratings Changes

APD has been the topic of several recent research reports. The Goldman Sachs Group increased their price objective on Air Products and Chemicals from $291.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Wells Fargo & Company increased their target price on Air Products and Chemicals from $280.00 to $330.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. JPMorgan Chase & Co. increased their target price on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, October 18th. Jefferies Financial Group raised Air Products and Chemicals from a “hold” rating to a “buy” rating and increased their target price for the stock from $295.00 to $364.00 in a report on Monday, October 7th. Finally, BMO Capital Markets increased their target price on Air Products and Chemicals from $300.00 to $323.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $326.12.

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.