Omnicom Group (OMC) Share Price Declined While Boston Partners Has Cut Its Stake; Air Prods & Chems (APD) Share Price Declined While Pittenger & Anderson Upped Its Stake

April 22, 2018 - By Michael Leger

Air Products and Chemicals, Inc. (NYSE:APD) Logo

Pittenger & Anderson Inc increased its stake in Air Prods & Chems Inc (APD) by 21.14% based on its latest 2017Q4 regulatory filing with the SEC. Pittenger & Anderson Inc bought 4,185 shares as the company’s stock declined 2.93% with the market. The institutional investor held 23,980 shares of the basic industries company at the end of 2017Q4, valued at $3.94M, up from 19,795 at the end of the previous reported quarter. Pittenger & Anderson Inc who had been investing in Air Prods & Chems Inc for a number of months, seems to be bullish on the $36.40B market cap company. The stock decreased 0.32% or $0.53 during the last trading session, reaching $166.27. About 549,443 shares traded. Air Products and Chemicals, Inc. (NYSE:APD) has risen 16.71% since April 22, 2017 and is uptrending. It has outperformed by 5.16% the S&P500.

Boston Partners decreased its stake in Omnicom Group Inc (OMC) by 10.13% based on its latest 2017Q4 regulatory filing with the SEC. Boston Partners sold 164,100 shares as the company’s stock declined 1.21% with the market. The institutional investor held 1.46 million shares of the advertising company at the end of 2017Q4, valued at $106.01M, down from 1.62 million at the end of the previous reported quarter. Boston Partners who had been investing in Omnicom Group Inc for a number of months, seems to be less bullish one the $16.76B market cap company. The stock decreased 1.72% or $1.29 during the last trading session, reaching $73.74. About 2.82 million shares traded or 5.86% up from the average. Omnicom Group Inc. (NYSE:OMC) has declined 13.63% since April 22, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Pittenger & Anderson Inc, which manages about $1.04 billion and $1.14B US Long portfolio, decreased its stake in Fiserv Inc (NASDAQ:FISV) by 403,030 shares to 1.84M shares, valued at $241.69M in 2017Q4, according to the filing. It also reduced its holding in Hormel Foods Corp (NYSE:HRL) by 18,040 shares in the quarter, leaving it with 46,810 shares, and cut its stake in Schwab Charles Corp New (NYSE:SCHW).

Investors sentiment decreased to 1.23 in Q4 2017. Its down 0.08, from 1.31 in 2017Q3. It is negative, as 35 investors sold APD shares while 258 reduced holdings. 95 funds opened positions while 266 raised stakes. 186.75 million shares or 0.02% less from 186.79 million shares in 2017Q3 were reported. Lodestar Inv Counsel Ltd Liability Co Il reported 7,560 shares. Ellington Lc has 6,100 shares. Compton Capital Ri holds 0.12% or 1,705 shares in its portfolio. Us Bancshares De owns 98,105 shares. Endurance Wealth Management Inc stated it has 0% in Air Products and Chemicals, Inc. (NYSE:APD). 37,322 are owned by Ahl Partners Limited Liability Partnership. Gateway Inv Advisers Limited Liability Company holds 14,232 shares or 0.02% of its portfolio. Colorado-based Public Employees Retirement Association Of Colorado has invested 0.04% in Air Products and Chemicals, Inc. (NYSE:APD). Old Second Bancorp Of Aurora has 207 shares. 32,148 were reported by Bradley Foster And Sargent Ct. Jane Street Grp Llc invested 0.01% in Air Products and Chemicals, Inc. (NYSE:APD). Jolley Asset Mgmt Limited Liability Company accumulated 300 shares. Sandler Cap Mngmt invested in 0.8% or 34,650 shares. Quantres Asset Management Limited reported 1,800 shares. Meiji Yasuda Asset Mngmt Ltd holds 6,273 shares or 0.1% of its portfolio.

Among 21 analysts covering Air Products & Chemicals (NYSE:APD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. Air Products & Chemicals had 60 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Argus Research with “Buy” on Monday, August 28. The stock of Air Products and Chemicals, Inc. (NYSE:APD) has “Hold” rating given on Monday, January 29 by J.P. Morgan. The rating was downgraded by Deutsche Bank to “Hold” on Monday, April 4. The firm earned “Outperform” rating on Friday, October 27 by Credit Suisse. The stock of Air Products and Chemicals, Inc. (NYSE:APD) has “Overweight” rating given on Friday, October 27 by Barclays Capital. As per Monday, January 11, the company rating was upgraded by KeyBanc Capital Markets. As per Tuesday, March 27, the company rating was initiated by BMO Capital Markets. The firm has “Hold” rating given on Thursday, July 13 by Jefferies. The firm has “Neutral” rating by Citigroup given on Friday, July 29. Global Hunter Securities upgraded the shares of APD in report on Tuesday, August 4 to “” rating.

Among 16 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Omnicom had 49 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, September 18. The rating was maintained by Wells Fargo with “Hold” on Thursday, January 18. The stock of Omnicom Group Inc. (NYSE:OMC) has “Hold” rating given on Monday, July 17 by Wells Fargo. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, April 12. The firm has “Buy” rating by BMO Capital Markets given on Friday, February 16. As per Tuesday, October 31, the company rating was upgraded by Argus Research. The firm has “Buy” rating by RBC Capital Markets given on Monday, September 25. The rating was downgraded by Morgan Stanley to “Underweight” on Monday, October 16. The firm has “Hold” rating given on Thursday, October 19 by Jefferies. Macquarie Research downgraded Omnicom Group Inc. (NYSE:OMC) rating on Tuesday, June 6. Macquarie Research has “Neutral” rating and $83 target.

Boston Partners, which manages about $53.18 billion and $84.89B US Long portfolio, upped its stake in Athene Hldg Ltd by 20,210 shares to 82,261 shares, valued at $4.25M in 2017Q4, according to the filing. It also increased its holding in Fti Consulting Inc (NYSE:FCN) by 118,774 shares in the quarter, for a total of 675,935 shares, and has risen its stake in Cvs Health Corp (NYSE:CVS).

Air Products and Chemicals, Inc. (NYSE:APD) Institutional Positions Chart

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