Air Liquide $AIQUY Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its holdings in Air Liquide (OTCMKTS:AIQUY) by 4.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,948 shares of the basic materials company’s stock after selling 253 shares during the period. PNC Financial Services Group Inc.’s holdings in Air Liquide were worth $188,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. First Horizon Advisors Inc. grew its holdings in shares of Air Liquide by 37.8% during the first quarter. First Horizon Advisors Inc. now owns 1,042 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 286 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Air Liquide by 52.2% during the first quarter. GAMMA Investing LLC now owns 4,629 shares of the basic materials company’s stock worth $176,000 after buying an additional 1,588 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of Air Liquide by 14.7% during the first quarter. Rhumbline Advisers now owns 70,634 shares of the basic materials company’s stock worth $2,686,000 after buying an additional 9,055 shares during the last quarter. Finally, Boston Common Asset Management LLC grew its holdings in shares of Air Liquide by 72.8% during the first quarter. Boston Common Asset Management LLC now owns 108,298 shares of the basic materials company’s stock worth $4,098,000 after buying an additional 45,612 shares during the last quarter. 0.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. lowered Air Liquide from an “overweight” rating to a “neutral” rating in a research note on Tuesday, April 29th. Santander started coverage on Air Liquide in a research report on Tuesday, May 27th. They set a “neutral” rating for the company.

Air Liquide Price Performance

Shares of Air Liquide stock opened at $42.20 on Monday. The company has a fifty day moving average price of $40.90 and a 200 day moving average price of $39.56. The company has a quick ratio of 0.65, a current ratio of 0.88 and a debt-to-equity ratio of 0.30. Air Liquide has a twelve month low of $31.68 and a twelve month high of $42.68.

Air Liquide Profile

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.