Bard Financial Services Inc. Has $2.76 Million Stock Position in Air Products and Chemicals, Inc. (NYSE:APD)

Bard Financial Services Inc. increased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 0.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 9,500 shares of the basic materials company’s stock after purchasing an additional 50 shares during the period. Bard Financial Services Inc.’s holdings in Air Products and Chemicals were worth $2,755,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Forsta AP Fonden increased its position in Air Products and Chemicals by 13.4% during the 3rd quarter. Forsta AP Fonden now owns 45,700 shares of the basic materials company’s stock valued at $13,607,000 after purchasing an additional 5,400 shares during the period. Jensen Investment Management Inc. boosted its holdings in Air Products and Chemicals by 65.0% in the 3rd quarter. Jensen Investment Management Inc. now owns 13,170 shares of the basic materials company’s stock valued at $3,921,000 after purchasing an additional 5,190 shares during the period. World Investment Advisors LLC lifted its stake in Air Products and Chemicals by 1,205.1% during the third quarter. World Investment Advisors LLC now owns 38,423 shares of the basic materials company’s stock worth $11,440,000 after purchasing an additional 35,479 shares during the last quarter. Townsquare Capital LLC increased its stake in shares of Air Products and Chemicals by 3.9% in the third quarter. Townsquare Capital LLC now owns 44,661 shares of the basic materials company’s stock worth $13,297,000 after buying an additional 1,662 shares during the period. Finally, Synovus Financial Corp raised its stake in Air Products and Chemicals by 85.1% in the third quarter. Synovus Financial Corp now owns 6,514 shares of the basic materials company’s stock worth $1,939,000 after buying an additional 2,995 shares in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Trading Down 0.2 %

Shares of NYSE:APD traded down $0.51 during mid-day trading on Monday, reaching $283.40. 410,288 shares of the company’s stock were exchanged, compared to its average volume of 946,616. The business’s fifty day moving average price is $312.07 and its 200-day moving average price is $292.15. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.34 and a current ratio of 1.52. The firm has a market capitalization of $63.02 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 3.13 and a beta of 0.84. Air Products and Chemicals, Inc. has a twelve month low of $212.24 and a twelve month high of $337.00.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Thursday, January 2nd will be issued a dividend of $1.77 per share. This represents a $7.08 annualized dividend and a yield of 2.50%. The ex-dividend date is Thursday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 41.21%.

Wall Street Analyst Weigh In

APD has been the subject of a number of research reports. JPMorgan Chase & Co. decreased their target price 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. BMO Capital Markets raised their target price on shares of Air Products and Chemicals from $323.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, November 14th. StockNews.com upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Monday, September 23rd. Mizuho upped their price target on shares of Air Products and Chemicals from $308.00 to $360.00 and gave the company an “outperform” rating in a research note on Wednesday, October 9th. Finally, Citigroup upped their price target on shares of Air Products and Chemicals from $345.00 to $365.00 and gave the company a “buy” rating in a report on Monday, November 11th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $331.53.

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.