JFS Wealth Advisors LLC Has $57,000 Stock Holdings in Linde plc (NASDAQ:LIN)

JFS Wealth Advisors LLC decreased its position in Linde plc (NASDAQ:LIN) by 17.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 135 shares of the basic materials company’s stock after selling 29 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Linde were worth $57,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Concord Asset Management LLC VA boosted its holdings in shares of Linde by 0.5% in the fourth quarter. Concord Asset Management LLC VA now owns 4,774 shares of the basic materials company’s stock valued at $1,999,000 after buying an additional 23 shares during the period. Salomon & Ludwin LLC lifted its position in Linde by 14.3% in the 3rd quarter. Salomon & Ludwin LLC now owns 192 shares of the basic materials company’s stock valued at $92,000 after acquiring an additional 24 shares in the last quarter. Fourpath Capital Management LLC boosted its stake in Linde by 0.6% in the 4th quarter. Fourpath Capital Management LLC now owns 4,138 shares of the basic materials company’s stock worth $1,732,000 after purchasing an additional 24 shares during the period. Greystone Financial Group LLC increased its holdings in Linde by 1.3% during the 3rd quarter. Greystone Financial Group LLC now owns 2,013 shares of the basic materials company’s stock worth $960,000 after purchasing an additional 25 shares in the last quarter. Finally, Romano Brothers AND Company lifted its holdings in shares of Linde by 1.3% in the fourth quarter. Romano Brothers AND Company now owns 2,009 shares of the basic materials company’s stock valued at $841,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Insider Transactions at Linde

In related news, Director Robert L. Wood sold 2,900 shares of Linde stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $456.26, for a total transaction of $1,323,154.00. Following the completion of the sale, the director now directly owns 14,013 shares of the company’s stock, valued at approximately $6,393,571.38. This trade represents a 17.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Paula Rosput Reynolds acquired 100 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was purchased at an average cost of $441.34 per share, for a total transaction of $44,134.00. Following the completion of the acquisition, the director now owns 233 shares in the company, valued at approximately $102,832.22. This represents a 75.19 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 9,503 shares of company stock worth $4,306,843. 0.60% of the stock is owned by insiders.

Linde Price Performance

Shares of NASDAQ LIN opened at $465.83 on Wednesday. Linde plc has a twelve month low of $410.69 and a twelve month high of $487.49. The company has a market cap of $221.81 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 2.89 and a beta of 0.94. The business’s 50 day moving average price is $435.11 and its two-hundred day moving average price is $454.04. The company has a quick ratio of 0.81, a current ratio of 0.89 and a debt-to-equity ratio of 0.39.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Thursday, February 6th. The basic materials company reported $3.97 earnings per share for the quarter, beating analysts’ consensus estimates of $3.93 by $0.04. Linde had a return on equity of 18.71% and a net margin of 19.89%. On average, analysts predict that Linde plc will post 16.55 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on LIN shares. Erste Group Bank reiterated a “hold” rating on shares of Linde in a report on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Linde from $510.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Mizuho raised their target price on shares of Linde from $520.00 to $530.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. BMO Capital Markets boosted their price target on shares of Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Finally, Citigroup decreased their price objective on Linde from $490.00 to $480.00 and set a “neutral” rating for the company in a report on Wednesday, December 18th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $501.82.

Linde Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.