Benin Management Has Boosted Its Praxair (PX) Position; Private Capital Management Decreased Its National Fuel Gas Co. (NFG) Position

August 26, 2017 - By Hazel Jackson

Benin Management Corp increased Praxair Inc (PX) stake by 61.95% reported in 2016Q4 SEC filing. Benin Management Corp acquired 3,020 shares as Praxair Inc (PX)’s stock rose 10.06%. The Benin Management Corp holds 7,895 shares with $925,000 value, up from 4,875 last quarter. Praxair Inc now has $37.95B valuation. The stock increased 0.20% or $0.27 on August 25, reaching $132.42. About 527,578 shares traded. Praxair, Inc. (NYSE:PX) has risen 17.42% since August 26, 2016 and is uptrending. It has outperformed by 0.72% the S&P500.

Private Capital Management Llc decreased National Fuel Gas Co. (NFG) stake by 1.95% reported in 2016Q4 SEC filing. Private Capital Management Llc sold 7,034 shares as National Fuel Gas Co. (NFG)’s stock declined 5.69%. The Private Capital Management Llc holds 354,295 shares with $20.07 million value, down from 361,329 last quarter. National Fuel Gas Co. now has $4.90 billion valuation. The stock decreased 0.60% or $0.35 on August 25, reaching $57.64. About 208,037 shares traded. National Fuel Gas Co. (NYSE:NFG) has risen 5.11% since August 26, 2016 and is uptrending. It has underperformed by 11.59% the S&P500.

Among 20 analysts covering Praxair (NYSE:PX), 6 have Buy rating, 3 Sell and 11 Hold. Therefore 30% are positive. Praxair had 32 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Wednesday, June 7. The stock has “Neutral” rating by UBS on Wednesday, November 18. Barclays Capital maintained Praxair, Inc. (NYSE:PX) rating on Monday, November 2. Barclays Capital has “Equal Weight” rating and $128.0 target. Deutsche Bank maintained the shares of PX in report on Friday, June 2 with “Hold” rating. The rating was upgraded by Zacks on Wednesday, August 12 to “Sell”. CLSA maintained Praxair, Inc. (NYSE:PX) on Tuesday, August 2 with “Outperform” rating. Jefferies maintained Praxair, Inc. (NYSE:PX) rating on Thursday, July 6. Jefferies has “Buy” rating and $16200 target. The stock has “Underperform” rating by CLSA on Thursday, December 22. The firm earned “Sector Weight” rating on Tuesday, February 2 by KeyBanc Capital Markets. The stock of Praxair, Inc. (NYSE:PX) earned “Underperform” rating by Bank of America on Friday, January 22.

Investors sentiment increased to 1.02 in Q4 2016. Its up 0.10, from 0.92 in 2016Q3. It improved, as 44 investors sold PX shares while 290 reduced holdings. 79 funds opened positions while 261 raised stakes. 231.14 million shares or 1.70% more from 227.29 million shares in 2016Q3 were reported. Moreover, Oregon Public Employees Retirement Fund has 0.07% invested in Praxair, Inc. (NYSE:PX). 30,243 were accumulated by Ameritas Inv Partners. Buckhead Cap Mgmt Llc has invested 0.15% in Praxair, Inc. (NYSE:PX). Union Fincl Bank reported 2,783 shares. Mitchell Sinkler & Starr Pa holds 0.54% in Praxair, Inc. (NYSE:PX) or 3,309 shares. Meiji Yasuda Asset Mgmt Communications Ltd holds 0.12% or 8,958 shares in its portfolio. 241,747 are held by Mar Vista Inv Prtnrs Ltd Liability Company. Wellington Gp Ltd Liability Partnership invested in 0.21% or 7.14 million shares. Henderson Grp Public Ltd Com invested in 0.09% or 100,024 shares. Weybosset Rech & Mngmt Limited Company holds 3.53% or 42,936 shares in its portfolio. Private Ocean Ltd Com has 0.02% invested in Praxair, Inc. (NYSE:PX). 1.36 million are owned by Legal And General Grp Incorporated Public Limited. Hm Payson accumulated 22,936 shares. Deprince Race And Zollo Incorporated invested in 0.82% or 358,251 shares. Ray Gerald L Assoc Limited holds 7,963 shares or 0.14% of its portfolio.

Investors sentiment decreased to 1.08 in 2016 Q4. Its down 0.30, from 1.38 in 2016Q3. It dived, as 33 investors sold NFG shares while 91 reduced holdings. 35 funds opened positions while 99 raised stakes. 55.62 million shares or 2.90% more from 54.05 million shares in 2016Q3 were reported. Cambridge Invest Rech Advsr accumulated 24,825 shares. Creative Planning holds 0.01% or 17,377 shares in its portfolio. Great Lakes Advisors Ltd Company holds 0.01% of its portfolio in National Fuel Gas Co. (NYSE:NFG) for 5,605 shares. One Trading Ltd Partnership holds 0% in National Fuel Gas Co. (NYSE:NFG) or 100 shares. Voya Inv Ltd Co owns 156,317 shares for 0.02% of their portfolio. Thrivent For Lutherans reported 0.01% of its portfolio in National Fuel Gas Co. (NYSE:NFG). Teachers Retirement Systems Of The State Of Kentucky reported 18,600 shares. Gamco Invsts Et Al reported 1.12% of its portfolio in National Fuel Gas Co. (NYSE:NFG). Financial Bank Of Montreal Can owns 30,562 shares. Alliancebernstein Ltd Partnership holds 0% of its portfolio in National Fuel Gas Co. (NYSE:NFG) for 51,737 shares. Moors And Cabot accumulated 4,000 shares or 0.04% of the stock. Washington invested 0.02% in National Fuel Gas Co. (NYSE:NFG). Smithfield Trust holds 0% or 300 shares. Ubs Asset Mngmt Americas Inc holds 0% or 42,661 shares. California Pub Employees Retirement reported 240,699 shares.

Since March 13, 2017, it had 0 buys, and 4 selling transactions for $13.71 million activity. On Monday, March 13 ACKERMAN PHILIP C sold $4.90M worth of National Fuel Gas Co. (NYSE:NFG) or 81,370 shares. CIPRICH PAULA M also sold $455,989 worth of National Fuel Gas Co. (NYSE:NFG) on Friday, March 31.