Keybank National Association Decreased Its Air Prods & Chems (APD) Stake by $938,736; As Zayo Group Hldgs (ZAYO) Stock Price Declined, Highline Capital Management Has Raised by $27.54 Million Its Stake

May 19, 2018 - By Peter Mason

Air Products and Chemicals, Inc. (NYSE:APD) Logo

Keybank National Association decreased its stake in Air Prods & Chems Inc (APD) by 2.84% based on its latest 2017Q4 regulatory filing with the SEC. Keybank National Association sold 5,724 shares as the company’s stock declined 2.93% with the market. The institutional investor held 195,485 shares of the basic industries company at the end of 2017Q4, valued at $32.08M, down from 201,209 at the end of the previous reported quarter. Keybank National Association who had been investing in Air Prods & Chems Inc for a number of months, seems to be less bullish one the $36.88 billion market cap company. The stock increased 0.88% or $1.47 during the last trading session, reaching $168.24. About 1.02 million shares traded or 0.71% up from the average. Air Products and Chemicals, Inc. (NYSE:APD) has risen 16.71% since May 19, 2017 and is uptrending. It has outperformed by 5.16% the S&P500.

Jacob Doft increased its stake in Zayo Group Hldgs Inc (ZAYO) by 24.87% based on its latest 2017Q4 regulatory filing with the SEC. Highline Capital Management Llc bought 764,900 shares as the company’s stock declined 6.81% with the market. The hedge fund run by Jacob Doft held 3.84M shares of the public utilities company at the end of 2017Q4, valued at $141.31M, up from 3.08M at the end of the previous reported quarter. Highline Capital Management Llc who had been investing in Zayo Group Hldgs Inc for a number of months, seems to be bullish on the $8.49 billion market cap company. The stock increased 0.26% or $0.09 during the last trading session, reaching $34.14. About 2.20 million shares traded. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 0.96% since May 19, 2017 and is uptrending. It has underperformed by 10.59% the S&P500.

Highline Capital Management Llc, which manages about $3.04B and $3.02B US Long portfolio, decreased its stake in Willis Towers Watson Pub Ltd by 335,900 shares to 849,100 shares, valued at $127.95 million in 2017Q4, according to the filing. It also reduced its holding in Conduent Inc by 220,425 shares in the quarter, leaving it with 10.07M shares, and cut its stake in Mohawk Inds Inc (NYSE:MHK).

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Seekingalpha.com which released: “Zayo Group 2018 Q3 – Results – Earnings Call Slides” on May 03, 2018, also Benzinga.com with their article: “4 Reasons Why BofA Is Bullish On Zayo Group” published on May 18, 2018, Seekingalpha.com published: “Zayo Group Holdings (ZAYO) Q3 2018 Results – Earnings Call Transcript” on May 04, 2018. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Benzinga.com and their article: “Earnings Preview For Zayo Group Holdings” published on May 03, 2018 as well as Businesswire.com‘s news article titled: “Zayo To Advance Evaluation of REIT Conversion” with publication date: May 03, 2018.

Since December 29, 2017, it had 0 insider purchases, and 23 selling transactions for $221.35 million activity. $81,150 worth of stock was sold by Steinfort Matt on Thursday, April 5. 623 shares were sold by Richardson Nina, worth $21,182. $35,258 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) was sold by Connor Richard W.. GTCR FUND X/A LP sold 4.68M shares worth $173.21 million. 14,356 shares valued at $510,499 were sold by Crouch Andrew on Wednesday, April 4. On Wednesday, January 3 Waters John F Jr. sold $387,096 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) or 10,711 shares.

Among 22 analysts covering Zayo Group Holdings (NYSE:ZAYO), 17 have Buy rating, 1 Sell and 4 Hold. Therefore 77% are positive. Zayo Group Holdings had 47 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Neutral” rating by JP Morgan given on Wednesday, May 10. RBC Capital Markets maintained the shares of ZAYO in report on Monday, June 19 with “Buy” rating. RBC Capital Markets maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Thursday, December 1. RBC Capital Markets has “Outperform” rating and $38 target. The firm has “Overweight” rating by Barclays Capital given on Wednesday, October 18. The firm has “Buy” rating by Suntrust Robinson given on Tuesday, November 24. As per Wednesday, October 18, the company rating was maintained by Cowen & Co. The company was maintained on Monday, September 21 by Raymond James. The firm has “Buy” rating by Deutsche Bank given on Wednesday, April 18. Stifel Nicolaus initiated the shares of ZAYO in report on Friday, January 13 with “Buy” rating. The firm earned “Buy” rating on Wednesday, August 5 by MoffettNathanson.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.12, from 1.2 in 2017Q3. It is positive, as 29 investors sold ZAYO shares while 78 reduced holdings. 51 funds opened positions while 90 raised stakes. 207.53 million shares or 2.30% more from 202.87 million shares in 2017Q3 were reported. King Street Cap Limited Partnership has invested 1.87% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Public Employees Retirement Association Of Colorado owns 29,867 shares for 0.01% of their portfolio. Cubist Systematic Strategies Ltd Liability owns 28,762 shares. Carmignac Gestion accumulated 0.99% or 4.07 million shares. Livforsakringsbolaget Skandia Omsesidigt reported 3,000 shares. 147,644 were accumulated by Zweig. Jefferies Gp Ltd Llc has 0.01% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 34,804 shares. Ls Advsrs Limited Liability owns 0.01% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 3,233 shares. Ionic Management Ltd Llc holds 48,134 shares. Marshall Wace Ltd Liability Partnership holds 0.26% or 169,779 shares in its portfolio. Sg Americas Securities Ltd Llc stated it has 0% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Northern Corp reported 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Goldman Sachs Group Inc reported 0.03% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Reaves W H & reported 0.89% stake. Driehaus Mgmt Lc holds 0.16% or 117,925 shares.

More important recent Air Products and Chemicals, Inc. (NYSE:APD) news were published by: Tucson.com which released: “Versum Materials Declares 20% Dividend Increase” on May 02, 2018, also Prnewswire.com published article titled: “Alternet Systems to Introduce ReVolt Electric Motorcycles Through $10 Billion Pop-Up Shop Industry”, Prnewswire.com published: “Air Products Unveils World-Scale Kochi Industrial Gas Complex” on May 14, 2018. More interesting news about Air Products and Chemicals, Inc. (NYSE:APD) was released by: Tucson.com and their article: “Versum Materials to Present at Barclays Electronic Chemicals Conference” with publication date: May 09, 2018.

Among 21 analysts covering Air Products & Chemicals (NYSE:APD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. Air Products & Chemicals had 61 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Air Products and Chemicals, Inc. (NYSE:APD) has “Overweight” rating given on Tuesday, January 30 by KeyBanc Capital Markets. Jefferies maintained Air Products and Chemicals, Inc. (NYSE:APD) rating on Thursday, September 28. Jefferies has “Hold” rating and $155.0 target. Citigroup maintained Air Products and Chemicals, Inc. (NYSE:APD) rating on Friday, July 15. Citigroup has “Neutral” rating and $157 target. The stock of Air Products and Chemicals, Inc. (NYSE:APD) earned “Buy” rating by Seaport Global on Monday, January 29. On Thursday, October 26 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. SunTrust maintained the stock with “Buy” rating in Thursday, October 26 report. The company was upgraded on Friday, February 9 by JP Morgan. The company was upgraded on Tuesday, August 4 by Global Hunter Securities. SunTrust maintained the shares of APD in report on Friday, January 26 with “Buy” rating. On Friday, August 12 the stock rating was upgraded by JP Morgan to “Overweight”.

Investors sentiment decreased to 1.23 in 2017 Q4. Its down 0.08, from 1.31 in 2017Q3. It dropped, as 35 investors sold APD shares while 258 reduced holdings. 95 funds opened positions while 266 raised stakes. 186.75 million shares or 0.02% less from 186.79 million shares in 2017Q3 were reported. Viking Fund Ltd, North Dakota-based fund reported 2,500 shares. Central Savings Bank And Trust Company invested 0% of its portfolio in Air Products and Chemicals, Inc. (NYSE:APD). Ajo Limited Partnership, Pennsylvania-based fund reported 62,940 shares. Washington Tru Savings Bank invested in 100 shares or 0% of the stock. Confluence Mgmt Ltd Co reported 97,580 shares stake. Great West Life Assurance Com Can stated it has 158,153 shares or 0.06% of all its holdings. Brown Advisory Inc owns 44,211 shares. Ubs Asset Mgmt Americas owns 670,218 shares. Bnp Paribas Asset Management invested in 70,574 shares or 0.1% of the stock. Ubs Oconnor Limited owns 3.1% invested in Air Products and Chemicals, Inc. (NYSE:APD) for 625,309 shares. Wealth Architects Limited Liability Company holds 1,831 shares or 0.1% of its portfolio. Rowland & Investment Counsel Adv owns 1,583 shares. Investec Asset accumulated 2,869 shares. Putnam Ltd Liability holds 0.25% of its portfolio in Air Products and Chemicals, Inc. (NYSE:APD) for 674,075 shares. Sarasin & Prns Ltd Liability Partnership has 880,851 shares.

Keybank National Association, which manages about $17.45B US Long portfolio, upped its stake in Sensient Technologies Corp (NYSE:SXT) by 4,850 shares to 8,850 shares, valued at $647,000 in 2017Q4, according to the filing. It also increased its holding in Validus Holdings Ltd (NYSE:VR) by 11,595 shares in the quarter, for a total of 36,645 shares, and has risen its stake in Cms Energy Corp (NYSE:CMS).

Analysts await Air Products and Chemicals, Inc. (NYSE:APD) to report earnings on August, 7. They expect $1.85 EPS, up 12.12% or $0.20 from last year’s $1.65 per share. APD’s profit will be $405.51M for 22.74 P/E if the $1.85 EPS becomes a reality. After $1.71 actual EPS reported by Air Products and Chemicals, Inc. for the previous quarter, Wall Street now forecasts 8.19% EPS growth.

Zayo Group Holdings, Inc. (NYSE:ZAYO) Institutional Positions Chart

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