GAMMA Investing LLC Has $6.69 Million Stock Position in L'Air Liquide S.A. (OTCMKTS:AIQUY)

GAMMA Investing LLC grew its holdings in shares of L'Air Liquide S.A. (OTCMKTS:AIQUY - Free Report) by 5,687.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 175,995 shares of the basic materials company's stock after purchasing an additional 172,954 shares during the period. GAMMA Investing LLC's holdings in L'Air Liquide were worth $6,691,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in AIQUY. Boston Common Asset Management LLC boosted its stake in L'Air Liquide by 72.8% during the 1st quarter. Boston Common Asset Management LLC now owns 108,298 shares of the basic materials company's stock valued at $4,098,000 after purchasing an additional 45,612 shares in the last quarter. Rhumbline Advisers lifted its stake in L'Air Liquide by 5.8% during the fourth quarter. Rhumbline Advisers now owns 61,579 shares of the basic materials company's stock valued at $1,986,000 after buying an additional 3,371 shares in the last quarter. Madison Investment Advisors LLC acquired a new position in L'Air Liquide in the 4th quarter worth approximately $1,147,000. Finally, SVB Wealth LLC purchased a new position in shares of L'Air Liquide during the fourth quarter valued at $248,000. 0.01% of the stock is owned by institutional investors.

L'Air Liquide Stock Up 0.6%

Shares of L'Air Liquide stock traded up $0.25 during trading on Wednesday, hitting $42.19. 176,070 shares of the company's stock traded hands, compared to its average volume of 277,272. L'Air Liquide S.A. has a twelve month low of $31.68 and a twelve month high of $42.43. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.77 and a quick ratio of 0.57. The firm's fifty day moving average price is $40.33 and its 200 day moving average price is $36.91.

L'Air Liquide Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Monday, May 19th will be issued a dividend of $0.5257 per share. This represents a dividend yield of 1.26%. The ex-dividend date is Friday, May 16th.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Citigroup restated a "buy" rating on shares of L'Air Liquide in a report on Monday, March 24th. Santander began coverage on L'Air Liquide in a report on Tuesday, May 27th. They set a "neutral" rating for the company. Finally, JPMorgan Chase & Co. cut L'Air Liquide from an "overweight" rating to a "neutral" rating in a research report on Tuesday, April 29th.

About L'Air Liquide

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.