Clinton Group Has Decreased Its Air Prods & Chems (APD) Stake; Civeo (CVEO) SI Decreased By 13.34%

January 14, 2018 - By Ruchi Gupta

Clinton Group Inc decreased Air Prods & Chems Inc (APD) stake by 49.47% reported in 2017Q3 SEC filing. Clinton Group Inc sold 3,569 shares as Air Prods & Chems Inc (APD)’s stock rose 1.13%. The Clinton Group Inc holds 3,645 shares with $551,000 value, down from 7,214 last quarter. Air Prods & Chems Inc now has $37.23B valuation. The stock increased 0.11% or $0.18 during the last trading session, reaching $170.15. About 648,674 shares traded. Air Products and Chemicals, Inc. (NYSE:APD) has risen 9.23% since January 14, 2017 and is uptrending. It has underperformed by 7.47% the S&P500.

Civeo Corporation (NYSE:CVEO) had a decrease of 13.34% in short interest. CVEO’s SI was 899,100 shares in January as released by FINRA. Its down 13.34% from 1.04 million shares previously. With 971,800 avg volume, 1 days are for Civeo Corporation (NYSE:CVEO)’s short sellers to cover CVEO’s short positions. The stock increased 2.24% or $0.07 during the last trading session, reaching $3.2. About 979,954 shares traded or 7.67% up from the average. Civeo Corporation (NYSE:CVEO) has risen 23.40% since January 14, 2017 and is uptrending. It has outperformed by 6.70% the S&P500.

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 of Air Products and Chemicals, Inc. (NYSE:APD) earned “Neutral” rating by Susquehanna on Wednesday, October 7. The rating was maintained by Barclays Capital with “Equal Weight” on Monday, May 2. As per Friday, January 22, the company rating was reinitiated by Bank of America. The stock of Air Products and Chemicals, Inc. (NYSE:APD) earned “Neutral” rating by Robert W. Baird on Monday, January 30. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Monday, January 11. The firm earned “Outperform” rating on Thursday, March 24 by Credit Suisse. Jefferies upgraded the shares of APD in report on Monday, December 11 to “Buy” rating. The rating was downgraded by Citigroup to “Neutral” on Tuesday, January 5. The stock has “Buy” rating by Deutsche Bank on Friday, July 31. The firm has “Positive” rating by Susquehanna given on Thursday, September 14.

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. Fred Alger Management reported 1.34M shares. Logan Cap Mngmt, a Pennsylvania-based fund reported 1,572 shares. Etrade Cap Mgmt Ltd Liability Company holds 0.03% or 4,654 shares. Moller Ser reported 0.12% of its portfolio in Air Products and Chemicals, Inc. (NYSE:APD). Aperio Gp Limited Liability Corp stated it has 134,978 shares or 0.12% of all its holdings. State Bank Of Montreal Can holds 290,113 shares. Baystate Wealth Ltd Limited Liability Company holds 0.02% of its portfolio in Air Products and Chemicals, Inc. (NYSE:APD) for 749 shares. Riverhead Capital Management Limited Liability Company owns 4,006 shares for 0.03% of their portfolio. Nippon Life Insur accumulated 10,820 shares. Connor Clark & Lunn Invest Mngmt reported 0.19% of its portfolio in Air Products and Chemicals, Inc. (NYSE:APD). British Columbia Invest Mgmt holds 112,860 shares. Glenmede Tru Na stated it has 0.1% in Air Products and Chemicals, Inc. (NYSE:APD). Axa invested 0.18% in Air Products and Chemicals, Inc. (NYSE:APD). Ameritas Ptnrs owns 0.06% invested in Air Products and Chemicals, Inc. (NYSE:APD) for 9,220 shares. Spinnaker Trust holds 0.06% or 3,070 shares in its portfolio.

Analysts await Air Products and Chemicals, Inc. (NYSE:APD) to report earnings on January, 26. They expect $1.65 earnings per share, up 12.24% or $0.18 from last year’s $1.47 per share. APD’s profit will be $361.05M for 25.78 P/E if the $1.65 EPS becomes a reality. After $1.76 actual earnings per share reported by Air Products and Chemicals, Inc. for the previous quarter, Wall Street now forecasts -6.25% negative EPS growth.

Clinton Group Inc increased Kinross Gold Corp (NYSE:KGC) stake by 1.53M shares to 1.89M valued at $8.00M in 2017Q3. It also upped Itt Inc stake by 25,844 shares and now owns 31,489 shares. Eog Res Inc (NYSE:EOG) was raised too.

Civeo Corporation offers workforce accommodation, logistics, and facility management services to the natural resource industry in Canada, Australia, the United States, and internationally. The company has market cap of $423.23 million. The firm develops lodges and villages, open camps, and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide long-term and temporary work force accommodations. It currently has negative earnings. It also offers catering and food, housekeeping, recreation facility, laundry and facility management, water and wastewater treatment, power generation, communications, and personnel logistics services, as well as camp management services, including fresh water and sewage hauling services.

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