Pacific Alternative Asset Management Company Increases Position in Air Prods & Chems (APD); Icahn Carl C Holding in American Intl Group (AIG) Has Cut by $1.30 Million as Market Value Declined

January 18, 2018 - By Linda Rogers

Carl Icahn decreased its stake in American Intl Group Inc (AIG) by 0.05% based on its latest 2017Q3 regulatory filing with the SEC. Icahn Carl C sold 21,381 shares as the company’s stock declined 2.08% while stock markets rallied. The hedge fund run by Carl Icahn held 42.98M shares of the finance company at the end of 2017Q3, valued at $2.64B, down from 43.00M at the end of the previous reported quarter. Icahn Carl C who had been investing in American Intl Group Inc for a number of months, seems to be less bullish one the $55.01B market cap company. The stock decreased 0.37% or $0.225 during the last trading session, reaching $61.195. About 782,323 shares traded. American International Group, Inc. (NYSE:AIG) has risen 8.59% since January 18, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Pacific Alternative Asset Management Company Llc increased its stake in Air Prods & Chems Inc (APD) by 111.03% based on its latest 2017Q3 regulatory filing with the SEC. Pacific Alternative Asset Management Company Llc bought 17,066 shares as the company’s stock rose 1.13% with the market. The hedge fund held 32,437 shares of the basic industries company at the end of 2017Q3, valued at $4.91 million, up from 15,371 at the end of the previous reported quarter. Pacific Alternative Asset Management Company Llc who had been investing in Air Prods & Chems Inc for a number of months, seems to be bullish on the $36.74B market cap company. The stock decreased 0.39% or $0.66 during the last trading session, reaching $167.9. About 107,389 shares traded. Air Products and Chemicals, Inc. (NYSE:APD) has risen 9.23% since January 18, 2017 and is uptrending. It has underperformed by 7.47% the S&P500.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on February, 8 after the close. They expect $1.00 earnings per share, up 19.05% or $0.16 from last year’s $0.84 per share. AIG’s profit will be $898.96 million for 15.30 P/E if the $1.00 EPS becomes a reality. After $-1.22 actual earnings per share reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts -181.97% EPS growth.

Investors sentiment increased to 0.79 in Q3 2017. Its up 0.15, from 0.64 in 2017Q2. It is positive, as 72 investors sold AIG shares while 293 reduced holdings. 78 funds opened positions while 211 raised stakes. 748.00 million shares or 0.80% more from 742.03 million shares in 2017Q2 were reported. Sequoia Finance Advsr Ltd reported 3,531 shares stake. 21.74 million are held by Jpmorgan Chase. Loomis Sayles & Lp reported 731,849 shares. 845,329 are held by Natl Pension Serv. State Of Wisconsin Board invested 0.28% of its portfolio in American International Group, Inc. (NYSE:AIG). Atria Invests Ltd Liability Corporation reported 22,614 shares. 1.08M were reported by Aqr Capital Management Ltd Liability Corporation. 376,642 were accumulated by Calamos Advsrs Ltd. Axa owns 912,168 shares. 21,889 were accumulated by Barrington Strategic Wealth Mngmt Lc. Eastern State Bank invested in 0.03% or 7,331 shares. Huntington Fincl Bank reported 0.03% stake. Davenport Ltd Company reported 0.01% in American International Group, Inc. (NYSE:AIG). Alexandria Ltd Company has invested 0% in American International Group, Inc. (NYSE:AIG). Mount Vernon Associates Md has 20,011 shares.

Among 21 analysts covering American International Group (NYSE:AIG), 12 have Buy rating, 2 Sell and 7 Hold. Therefore 57% are positive. American International Group had 70 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, February 16. The company was maintained on Friday, February 12 by Credit Suisse. The firm has “Overweight” rating given on Monday, October 16 by Barclays Capital. The firm has “Buy” rating given on Wednesday, August 2 by Wells Fargo. The rating was downgraded by Bank of America to “Neutral” on Friday, November 3. The rating was downgraded by Standpoint Research to “Hold” on Monday, November 23. The company was maintained on Monday, May 29 by Keefe Bruyette & Woods. The stock of American International Group, Inc. (NYSE:AIG) earned “Underperform” rating by Avondale on Wednesday, November 4. The rating was maintained by Morgan Stanley with “Buy” on Tuesday, October 10. FBR Capital maintained the stock with “Market Perform” rating in Friday, February 26 report.

Pacific Alternative Asset Management Company Llc, which manages about $15.88 billion and $913.16 million US Long portfolio, decreased its stake in Zayo Group Hldgs Inc (NYSE:ZAYO) by 12,410 shares to 52,515 shares, valued at $1.81M in 2017Q3, according to the filing. It also reduced its holding in Visa Inc (NYSE:V) by 18,443 shares in the quarter, leaving it with 18,850 shares, and cut its stake in Dell Technologies Inc.

Investors sentiment increased to 1.31 in Q3 2017. Its up 0.14, from 1.17 in 2017Q2. It increased, as 36 investors sold APD shares while 232 reduced holdings. 90 funds opened positions while 262 raised stakes. 186.79 million shares or 0.55% more from 185.76 million shares in 2017Q2 were reported. Nbt Retail Bank N A New York accumulated 12,614 shares or 0.3% of the stock. World Investors reported 4.02M shares or 0.14% of all its holdings. Garde, a Washington-based fund reported 5,844 shares. Mirae Asset Glob Invests Limited, Korea-based fund reported 40,490 shares. Los Angeles Mngmt & Equity Rech Inc has 0.36% invested in Air Products and Chemicals, Inc. (NYSE:APD). Invesco has invested 0.11% in Air Products and Chemicals, Inc. (NYSE:APD). Jnba Fincl holds 132 shares or 0% of its portfolio. Df Dent And Co invested in 0.01% or 1,820 shares. Legal General Public Ltd Co reported 1.06M shares. Rex Advisors Limited has invested 0.18% in Air Products and Chemicals, Inc. (NYSE:APD). Price T Rowe Incorporated Md has invested 0.17% in Air Products and Chemicals, Inc. (NYSE:APD). Rampart Invest Mngmt Llc owns 2,953 shares or 0.15% of their US portfolio. Boston Family Office Limited Liability Company owns 0.31% invested in Air Products and Chemicals, Inc. (NYSE:APD) for 18,106 shares. Cullinan Assocs reported 0.07% stake. Rodgers Brothers stated it has 3,384 shares or 0.18% of all its holdings.

Among 19 analysts covering Air Products & Chemicals (NYSE:APD), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Air Products & Chemicals had 47 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Susquehanna on Wednesday, October 7. The stock has “Buy” rating by HSBC on Monday, November 13. The firm earned “Hold” rating on Monday, April 4 by Deutsche Bank. The firm earned “Positive” rating on Thursday, September 17 by Deutsche Bank. Global Hunter Securities upgraded the shares of APD in report on Tuesday, August 4 to “” rating. The firm earned “Neutral” rating on Friday, July 15 by Citigroup. KeyBanc Capital Markets maintained the shares of APD in report on Wednesday, September 6 with “Buy” rating. On Thursday, October 8 the stock rating was upgraded by Goldman Sachs to “Buy”. The stock of Air Products and Chemicals, Inc. (NYSE:APD) earned “Buy” rating by Jefferies on Monday, December 11. Barclays Capital maintained the stock with “Equal Weight” rating in Monday, May 2 report.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts