O Keefe Stevens Advisory Inc. Has $753,000 Holdings in Air Products and Chemicals, Inc. (NYSE:APD)

O Keefe Stevens Advisory Inc. lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 37.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,597 shares of the basic materials company’s stock after buying an additional 708 shares during the quarter. O Keefe Stevens Advisory Inc.’s holdings in Air Products and Chemicals were worth $753,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Truvestments Capital LLC acquired a new position in shares of Air Products and Chemicals in the 3rd quarter valued at $25,000. Iron Horse Wealth Management LLC increased its holdings in Air Products and Chemicals by 88.7% in the third quarter. Iron Horse Wealth Management LLC now owns 117 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 55 shares during the last quarter. Fortitude Family Office LLC lifted its stake in Air Products and Chemicals by 58.8% in the fourth quarter. Fortitude Family Office LLC now owns 135 shares of the basic materials company’s stock valued at $39,000 after buying an additional 50 shares during the period. Prospera Private Wealth LLC acquired a new position in shares of Air Products and Chemicals during the 3rd quarter worth about $42,000. Finally, Reston Wealth Management LLC acquired a new stake in shares of Air Products and Chemicals in the 3rd quarter valued at approximately $47,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

APD has been the topic of several analyst reports. Redburn Atlantic upgraded shares of Air Products and Chemicals from a “sell” rating to a “neutral” rating and set a $330.00 target price on the stock in a report on Friday, October 25th. Citigroup upped their price target on Air Products and Chemicals from $345.00 to $365.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. decreased their price target on shares of Air Products and Chemicals from $350.00 to $345.00 and set an “overweight” rating for the company in a research note on Friday, November 8th. Evercore ISI upgraded shares of Air Products and Chemicals from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $305.00 to $365.00 in a report on Monday, October 7th. Finally, BMO Capital Markets lifted their price target on shares of Air Products and Chemicals from $323.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, November 14th. Seven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $332.71.

Air Products and Chemicals Stock Up 1.6 %

Shares of NYSE:APD opened at $317.11 on Friday. The company has a market capitalization of $70.52 billion, a price-to-earnings ratio of 18.46, a P/E/G ratio of 2.88 and a beta of 0.84. Air Products and Chemicals, Inc. has a 1 year low of $212.24 and a 1 year high of $337.00. The business’s 50-day moving average is $309.34 and its 200-day moving average is $293.61. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.52 and a quick ratio of 1.34.

Air Products and Chemicals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Thursday, January 2nd will be paid a $1.77 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $7.08 annualized dividend and a dividend yield of 2.23%. Air Products and Chemicals’s dividend payout ratio is presently 41.21%.

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.