Big Money Sentiment Indicator of Praxair Inc (NYSE:PX) Falls in Q1 2018 to 0.98

June 27, 2018 - By Lena Young

Praxair, Inc. (NYSE:PX) Corporate Logo

“Big money” Positions

In 2018 Q1 Praxair Inc (NYSE:PX) big money sentiment decreased to 0.98, according to SEC.gov filings. So its down -0.08, from 2017Q4’s 1.06. 350 institutional investors started new or increased holdings, while 357 sold and reduced equity positions in Praxair Inc so the sentiment fall. These funds own 232.95 million shares, that’s down from 233.99 million shares in 2017Q4. Funds holding Praxair Inc in top 10 decreased from 29 to 25 for a decrease of 4. 57 Investors Sold All; 300 Reduced Holdings; 257 increased holdings while 93 institutional investors bought holdings.

Most Praxair Inc Investors

Dynamo Internacional Gestao De Recursos Ltda. owns 1.12 million shares in Praxair Inc as of 2018 Q1. Praxair Inc’s shareholder Cincinnati Indemnity Co owns 15,000 shares as of 2018 Q1. Further, Locust Wood Capital Advisers Llc reported 530,058 shares in Praxair Inc equivalent to 7.81% of its US long stock exposure. Vgi Partners Pty Ltd revealed 411,105 shares position in Praxair Inc. The Ohio-based fund Csu Producer Resources Inc. looks positive on Praxair Inc, having 9,600 shares.

Praxair, Inc. produces and distributes industrial gases.The firm is worth $44.32 billion. It operates through North America, Europe, South America, Asia, and Surface Technologies divisions.33.79 is the P/E ratio. The firm offers atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases comprising carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

PX hit $154.23 during the last trading session after $0.57 change.Currently Praxair, Inc. is uptrending after 19.06% change in last June 27, 2017. PX has also 1.02 million shares volume. PX outperformed the S&P500 by 6.49%.

On July, 26 WallStreet anticipated Praxair, Inc. (NYSE:PX)’s earnings report, Faxor reports. Analysts have anticipation on stock’s earnings per share of $1.70. That’s up 16.44 % from last year’s $1.46 earnings per share. In case of $1.70 earnings per share PX’s profit could hit $488.53 million. Wall Street predicts 3.03 % EPS growth as of July, 26.

Hightower Advsr Limited Liability Co stated it has 81,599 shs. Cincinnati Insurance Communications has invested 1.92% in Praxair, Inc. (NYSE:PX). The Idaho-based Caprock Grp has invested 0.05% in Praxair, Inc. (NYSE:PX). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 181,165 shs or 0.24% of the stock. Shelton Cap Mgmt invested in 17,535 shs or 0.17% of the stock. Bailard has 16,975 shs for 0.16% of their capital. 825,177 were accumulated by Omers Administration. Kames Capital Public Limited Liability Com invested 1.13% of its capital in Praxair, Inc. (NYSE:PX). 32,925 are owned by Panagora Asset Mngmt Inc. Citigroup accumulated 248,471 shs. Mcf Advisors Ltd Com stated it has 47 shs or 0% of all its holdings. Gofen & Glossberg Lc Il accumulated 24,921 shs. Ruggie Gp invested 0.01% in Praxair, Inc. (NYSE:PX). The United Kingdom-based Aviva Public Limited Co has invested 0.3% in Praxair, Inc. (NYSE:PX). 15,501 are owned by Nordea Ab.

Praxair, Inc. (NYSE:PX) Ratings Coverage

In total 8 analysts cover Praxair (NYSE:PX). “Buy” rating has 5, “Sell” are 0, while 3 are “Hold”. 63% are bullish. With $208.0 highest and $155.0 lowest price target Praxair has $177.71 average price target or 15.22% above the current ($154.23) price. 11 are the (NYSE:PX)’s analyst reports since January 17, 2018 according to StockzIntelligence Inc. On Wednesday, January 31 Seaport Global maintained Praxair, Inc. (NYSE:PX) rating. Seaport Global has “Hold” rating and $165.0 target. On Tuesday, April 10 the stock of Praxair, Inc. (NYSE:PX) earned “Buy” rating by Citigroup. On Thursday, January 25 the stock of Praxair, Inc. (NYSE:PX) has “Buy” rating given by SunTrust. On Tuesday, March 27 BMO Capital Markets initiated the shares of PX in report with “Hold” rating. On Tuesday, January 23 the rating was downgraded by Raymond James to “Outperform”. On Friday, June 15 the company was maintained by JP Morgan. In Wednesday, January 17 report Seaport Global maintained the stock with “Hold” rating. On Monday, April 30 the company was maintained by Citigroup. On Wednesday, January 31 the firm has “Buy” rating by Susquehanna given.

There’s a significant Praxair, Inc. (NYSE:PX) news posted by Bizjournals.com. It’s an item titled: “By Hayley Ringle – Reporter, Phoenix Business Journal” on June 27, 2018.

Praxair, Inc. (NYSE:PX) Institutional Investors Chart

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