2,000 Shares in Air Products and Chemicals, Inc. (NYSE:APD) Acquired by Blue Rock Wealth Management LLC

Blue Rock Wealth Management LLC acquired a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,000 shares of the basic materials company's stock, valued at approximately $580,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Air Products and Chemicals by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 21,485,176 shares of the basic materials company's stock valued at $6,231,560,000 after acquiring an additional 207,404 shares in the last quarter. Dodge & Cox boosted its stake in Air Products and Chemicals by 1.0% in the fourth quarter. Dodge & Cox now owns 6,663,154 shares of the basic materials company's stock valued at $1,932,581,000 after acquiring an additional 64,960 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Air Products and Chemicals by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 4,931,661 shares of the basic materials company's stock valued at $1,430,354,000 after acquiring an additional 57,314 shares during the period. Northern Trust Corp lifted its stake in Air Products and Chemicals by 4.6% in the fourth quarter. Northern Trust Corp now owns 3,583,156 shares of the basic materials company's stock valued at $1,039,259,000 after purchasing an additional 156,419 shares during the last quarter. Finally, Norges Bank purchased a new position in Air Products and Chemicals in the fourth quarter valued at approximately $919,721,000. Hedge funds and other institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Trading Down 1.8 %

Shares of NYSE APD traded down $4.95 during trading hours on Tuesday, hitting $267.26. The company's stock had a trading volume of 429,434 shares, compared to its average volume of 1,485,224. The business has a 50-day simple moving average of $282.77 and a 200-day simple moving average of $303.02. The stock has a market cap of $59.46 billion, a price-to-earnings ratio of 15.53, a P/E/G ratio of 3.07 and a beta of 0.88. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.96 and a current ratio of 1.11. Air Products and Chemicals, Inc. has a 12 month low of $243.69 and a 12 month high of $341.14.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its earnings results on Thursday, May 1st. The basic materials company reported $2.69 EPS for the quarter, missing analysts' consensus estimates of $2.83 by ($0.14). The business had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.94 billion. Air Products and Chemicals had a net margin of 31.88% and a return on equity of 15.78%. Air Products and Chemicals's revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.85 EPS. On average, analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, VP Walter L. Nelson sold 589 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $308.50, for a total value of $181,706.50. Following the completion of the transaction, the vice president now owns 719 shares of the company's stock, valued at approximately $221,811.50. This represents a 45.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kurt Lefevere sold 1,500 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $316.17, for a total value of $474,255.00. Following the completion of the sale, the insider now directly owns 1,462 shares in the company, valued at approximately $462,240.54. The trade was a 50.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,500 shares of company stock valued at $4,842,604 over the last three months. Corporate insiders own 0.41% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on APD shares. Wells Fargo & Company dropped their price target on shares of Air Products and Chemicals from $365.00 to $320.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 9th. Citigroup cut their price target on Air Products and Chemicals from $373.00 to $345.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. Barclays dropped their price objective on Air Products and Chemicals from $355.00 to $325.00 and set an "overweight" rating on the stock in a report on Friday. UBS Group decreased their price target on Air Products and Chemicals from $335.00 to $324.00 and set a "buy" rating on the stock in a research report on Friday. Finally, BNP Paribas raised shares of Air Products and Chemicals to a "strong-buy" rating in a research note on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $330.38.

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.