Personal CFO Solutions LLC Has $1.31 Million Stock Holdings in Linde plc (NASDAQ:LIN)

Personal CFO Solutions LLC increased its stake in shares of Linde plc (NASDAQ:LIN) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,116 shares of the basic materials company’s stock after purchasing an additional 25 shares during the quarter. Personal CFO Solutions LLC’s holdings in Linde were worth $1,305,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Dorsey & Whitney Trust CO LLC increased its position in Linde by 1.9% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 5,023 shares of the basic materials company’s stock worth $2,103,000 after purchasing an additional 95 shares in the last quarter. Naviter Wealth LLC grew its holdings in Linde by 3.5% during the 4th quarter. Naviter Wealth LLC now owns 7,013 shares of the basic materials company’s stock worth $2,936,000 after acquiring an additional 235 shares during the last quarter. Hamilton Capital Partners LLC bought a new stake in Linde during the 4th quarter worth approximately $4,469,000. Larson Financial Group LLC grew its holdings in Linde by 17.6% during the 4th quarter. Larson Financial Group LLC now owns 1,160 shares of the basic materials company’s stock worth $486,000 after acquiring an additional 174 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new stake in Linde during the 4th quarter worth approximately $788,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Trading Up 0.6 %

NASDAQ:LIN opened at $468.77 on Friday. The firm’s fifty day moving average is $444.80 and its 200-day moving average is $455.29. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.76 and a current ratio of 0.89. Linde plc has a 52 week low of $410.69 and a 52 week high of $487.49. The firm has a market cap of $221.69 billion, a P/E ratio of 34.44, a P/E/G ratio of 3.08 and a beta of 0.94.

Linde (NASDAQ:LIN) last issued its earnings results on Thursday, February 6th. The basic materials company reported $3.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.93 by $0.04. Linde had a net margin of 19.89% and a return on equity of 18.71%. Equities analysts expect that Linde plc will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a dividend of $1.50 per share. The ex-dividend date is Thursday, March 13th. This is a positive change from Linde’s previous quarterly dividend of $1.39. This represents a $6.00 annualized dividend and a yield of 1.28%. Linde’s dividend payout ratio is currently 44.09%.

Insider Buying and Selling

In related news, VP David P. Strauss sold 2,218 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $434.35, for a total transaction of $963,388.30. Following the transaction, the vice president now directly owns 25,926 shares of the company’s stock, valued at $11,260,958.10. This represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paula Rosput Reynolds acquired 100 shares of the stock in a transaction on Thursday, December 12th. The shares were acquired at an average price of $441.34 per share, for a total transaction of $44,134.00. Following the acquisition, the director now owns 233 shares of the company’s stock, valued at approximately $102,832.22. The trade was a 75.19 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 14,377 shares of company stock valued at $6,567,231 over the last ninety days. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on LIN. Erste Group Bank reissued a “hold” rating on shares of Linde in a report on Tuesday, November 19th. TD Cowen raised shares of Linde from a “hold” rating to a “buy” rating and boosted their target price for the stock from $480.00 to $515.00 in a report on Monday, January 13th. Finally, Citigroup reduced their target price on shares of Linde from $490.00 to $480.00 and set a “neutral” rating on the stock in a report on Wednesday, December 18th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $501.82.

Linde Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.