Financial Counselors Increased Glaxosmithkline Plc Adr (GSK) Holding; Associated Banc-Corp Position in Air Prods & Chems (APD) Has Increased as Shares Declined

August 12, 2018 - By Palma Niemeyer

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

Financial Counselors Inc increased its stake in Glaxosmithkline Plc Adr (GSK) by 22.45% based on its latest 2018Q1 regulatory filing with the SEC. Financial Counselors Inc bought 44,686 shares as the company’s stock rose 7.70% while stock markets declined. The institutional investor held 243,769 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $9.52 million, up from 199,083 at the end of the previous reported quarter. Financial Counselors Inc who had been investing in Glaxosmithkline Plc Adr for a number of months, seems to be bullish on the $102.52 billion market cap company. The stock decreased 1.74% or $0.71 during the last trading session, reaching $40.15. About 2.20 million shares traded. GlaxoSmithKline plc (NYSE:GSK) has declined 6.39% since August 12, 2017 and is downtrending. It has underperformed by 18.96% the S&P500. Some Historical GSK News: 27/03/2018 – GSK GSK.L CEO SAYS VERY CONFIDENT ABOUT IMPROVING CONSUMER HEALTHCARE MARGINS TOWARDS 20 PCT BY 2020, UP FROM 17.3 PCT RECENTLY; 23/03/2018 – Janssen Announces Positive CHMP Opinion for JULUCATMâ–¼ (dolutegravir/rilpivirine); 18/05/2018 – FDA- PRELIM RESULTS FROM ONGOING STUDY FOUND WOMEN GETTING DOLUTEGRAVIR AT TIME OF BECOMING PREGNANT/EARLY IN FIRST TRIMESTER APPEAR AT HIGHER RISK FOR DEFECTS; 02/04/2018 – Former GSK Senior Vice President Bill Louv Named Project Data Sphere President; 21/05/2018 – GSK GETS FDA OK OF ARNUITY ELLIPTA FOR USE IN CHILDREN; 18/04/2018 – GSK: FURTHER SUBMISSIONS IN OTHER COUNTRIES EXPECTED IN 2018; 22/03/2018 – GSK tipped to win Pfizer auction; 26/03/2018 – SYNGENE, GSK PACT FOR DRUG DISCOVERY IN MANY THERAPEUTIC AREAS; 25/04/2018 – GlaxoSmithKline Backs 2018 View; 25/04/2018 – GlaxoSmithKline Declares Dividend of 19p

Associated Banc-Corp increased its stake in Air Prods & Chems Inc (APD) by 6.51% based on its latest 2018Q1 regulatory filing with the SEC. Associated Banc-Corp bought 6,558 shares as the company’s stock declined 0.27% with the market. The institutional investor held 107,256 shares of the basic industries company at the end of 2018Q1, valued at $17.06 million, up from 100,698 at the end of the previous reported quarter. Associated Banc-Corp who had been investing in Air Prods & Chems Inc for a number of months, seems to be bullish on the $34.62 billion market cap company. The stock decreased 1.63% or $2.61 during the last trading session, reaching $157.87. About 923,834 shares traded. Air Products and Chemicals, Inc. (NYSE:APD) has risen 14.49% since August 12, 2017 and is uptrending. It has outperformed by 1.92% the S&P500. Some Historical APD News: 28/03/2018 – Air Products Granted Investment License for New Industrial Gases Technology Center Serving Saudi Arabia, Middle East; 07/05/2018 – Air Products Completes Acquisition of Shell’s Coal Gasification Technology/Patents, and Forms Strategic Alliance with Shell for Liquids (Residue) Gasification for Refineries; 26/04/2018 – Air Products & Chemicals 2Q EPS $1.89; 28/03/2018 – Air Products’ Seifi Ghasemi Participates in CEO Forum with Saudi Crown Prince; 21/05/2018 – Winton Adds Flir, Exits CF Industries, Cuts Air Products: 13F; 26/04/2018 – AIR PRODUCTS EARNINGS CONFERENCE CALL BEGINS; 02/04/2018 – Fidelity Select Chemicals Adds Air Products, Exits Monsanto; 14/05/2018 – Air Products Unveils World-Scale Kochi Industrial Gas Complex; 26/04/2018 – Air Products & Chemicals 2Q Net $416.4M; 08/03/2018 – Air Products Closes Above 50-Day Moving Average: Technicals

Among 18 analysts covering GlaxoSmithKline (NYSE:GSK), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. GlaxoSmithKline had 29 analyst reports since September 8, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 16 by Barclays Capital. The company was upgraded on Wednesday, December 9 by Bank of America. The rating was upgraded by BNP Paribas to “Neutral” on Wednesday, April 5. On Friday, May 26 the stock rating was upgraded by Berenberg to “Buy”. The stock of GlaxoSmithKline plc (NYSE:GSK) has “Buy” rating given on Thursday, October 20 by Investec. The rating was upgraded by Credit Suisse on Tuesday, October 20 to “Neutral”. As per Monday, December 11, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by Jefferies on Thursday, July 14. Bank of America upgraded the shares of GSK in report on Tuesday, September 8 to “Neutral” rating. As per Wednesday, July 5, the company rating was downgraded by Citigroup.

More notable recent GlaxoSmithKline plc (NYSE:GSK) news were published by: Bizjournals.com which released: “In $270M Peninsula vaccine company buyout, small players look to be big shots” on August 10, 2018, also Finance.Yahoo.com with their article: “GlaxoSmithKline Is More Than Just a 5% Dividend Income Play” published on July 18, 2018, Seekingalpha.com published: “GlaxoSmithKline reportedly mulling breakup; ADRs jump nearly 3%” on July 20, 2018. More interesting news about GlaxoSmithKline plc (NYSE:GSK) were released by: Seekingalpha.com and their article: “Novartis: Business Transformation In Progress” published on August 07, 2018 as well as Benzinga.com‘s news article titled: “GlaxoSmithKline’s Earnings Preview” with publication date: July 24, 2018.

Financial Counselors Inc, which manages about $2.10 billion US Long portfolio, decreased its stake in Cintas Corp (NASDAQ:CTAS) by 2,844 shares to 23,157 shares, valued at $3.95M in 2018Q1, according to the filing. It also reduced its holding in Abbvie Inc (NYSE:ABBV) by 39,524 shares in the quarter, leaving it with 194,894 shares, and cut its stake in Jpmorgan Chase & Co (NYSE:JPM).

Another recent and important Air Products and Chemicals, Inc. (NYSE:APD) news was published by Nasdaq.com which published an article titled: “Report: Developing Opportunities within athenahealth, WR Berkley, Air Products and Chemicals, DICK’S Sporting …” on August 06, 2018.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.22, from 1.23 in 2017Q4. It fall, as 56 investors sold APD shares while 277 reduced holdings. 75 funds opened positions while 262 raised stakes. 184.89 million shares or 1.00% less from 186.75 million shares in 2017Q4 were reported. Fisher Asset Management Ltd Llc accumulated 0% or 2,276 shares. Paradigm Asset Mngmt Limited Liability has invested 0% of its portfolio in Air Products and Chemicals, Inc. (NYSE:APD). Northeast Invest Management reported 0.23% of its portfolio in Air Products and Chemicals, Inc. (NYSE:APD). Andra Ap reported 0.16% in Air Products and Chemicals, Inc. (NYSE:APD). Jag Capital Mngmt Ltd Liability Company holds 0.23% of its portfolio in Air Products and Chemicals, Inc. (NYSE:APD) for 7,869 shares. Hengehold Capital Management Ltd Liability Corporation holds 13,437 shares or 0.56% of its portfolio. Blb&B Advisors Limited Liability Corp holds 0.1% or 4,790 shares in its portfolio. Boys Arnold Co has 0.03% invested in Air Products and Chemicals, Inc. (NYSE:APD). Nichols & Pratt Advisers Llp Ma holds 0.11% or 7,281 shares. Paloma Prns Mgmt, a Connecticut-based fund reported 2,123 shares. Rand Wealth Ltd accumulated 47,988 shares. The Georgia-based Montag & Caldwell Ltd Liability Company has invested 1.38% in Air Products and Chemicals, Inc. (NYSE:APD). Baldwin Brothers Ma holds 1,566 shares or 0.04% of its portfolio. The Georgia-based Suntrust Banks has invested 0.03% in Air Products and Chemicals, Inc. (NYSE:APD). Massachusetts Service Communication Ma reported 2,761 shares stake.

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 66 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 11 by Citigroup. As per Thursday, September 17, the company rating was maintained by Deutsche Bank. The rating was upgraded by Global Hunter Securities to “” on Tuesday, August 4. Credit Suisse maintained the shares of APD in report on Friday, July 27 with “Outperform” rating. On Monday, May 2 the stock rating was maintained by Barclays Capital with “Equal Weight”. The rating was initiated by BMO Capital Markets with “Buy” on Tuesday, March 27. The firm has “Buy” rating given on Monday, January 29 by Jefferies. On Friday, October 27 the stock rating was maintained by Citigroup with “Buy”. The firm has “Buy” rating by HSBC given on Monday, November 13. The firm has “Neutral” rating by Citigroup given on Friday, July 15.

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

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