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Aurdan Capital Management bought $4.49 million worth of Air Products & Chemicals, despite recent earnings misses.
Aurdan Capital Management LLC recently bought 15,485 shares of Air Products and Chemicals Inc. (APD), valued at $4.49 million, making it the 19th largest position in their portfolio.
Despite APD missing earnings and revenue estimates in its latest quarter, analysts predict a solid future with a "Moderate Buy" rating and a target price of $330.38.
The company is a major player in gases and related services, and its stock is mostly owned by institutional investors.
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Aurdan Capital Management compró $4.49 millones de Air Products & Chemicals, a pesar de las recientes pérdidas de ganancias.