Public Employees Retirement System of Ohio grew its position in Praxair, Inc. (NYSE:PX) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 210,623 shares of the basic materials company’s stock after acquiring an additional 2,691 shares during the period. Public Employees Retirement System of Ohio’s holdings in Praxair were worth $32,579,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PX. Janus Henderson Group PLC raised its stake in shares of Praxair by 26.7% in the second quarter. Janus Henderson Group PLC now owns 122,318 shares of the basic materials company’s stock valued at $16,211,000 after acquiring an additional 25,796 shares during the last quarter. WINTON GROUP Ltd bought a new position in shares of Praxair in the second quarter valued at approximately $739,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Praxair in the second quarter valued at approximately $583,000. Cetera Investment Advisers bought a new position in shares of Praxair in the second quarter valued at approximately $201,000. Finally, Griffin Asset Management Inc. bought a new position in shares of Praxair in the second quarter valued at approximately $801,000. Institutional investors own 84.86% of the company’s stock.

Several research firms recently weighed in on PX. Barclays boosted their price objective on shares of Praxair from $160.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Friday, January 26th. SunTrust Banks boosted their price objective on shares of Praxair to $185.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. Zacks Investment Research cut shares of Praxair from a “buy” rating to a “hold” rating in a research report on Thursday, January 18th. Citigroup restated a “buy” rating and issued a $188.00 price objective on shares of Praxair in a research report on Friday, January 26th. Finally, TheStreet cut shares of Praxair from an “a-” rating to a “c+” rating in a research report on Thursday, January 25th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Praxair currently has a consensus rating of “Buy” and a consensus price target of $167.50.

Shares of Praxair, Inc. (NYSE:PX) opened at $153.83 on Wednesday. The company has a market cap of $44,019.44, a price-to-earnings ratio of 26.28, a price-to-earnings-growth ratio of 2.00 and a beta of 1.03. Praxair, Inc. has a 1 year low of $115.67 and a 1 year high of $166.95. The company has a current ratio of 0.99, a quick ratio of 0.81 and a debt-to-equity ratio of 1.20.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, March 7th will be given a dividend of $0.825 per share. This is a boost from Praxair’s previous quarterly dividend of $0.79. The ex-dividend date of this dividend is Tuesday, March 6th. This represents a $3.30 annualized dividend and a dividend yield of 2.15%. Praxair’s payout ratio is presently 72.92%.

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About Praxair

Praxair, Inc is an industrial gas company. The Company’s operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, it operates its surface technologies business through its subsidiary, Praxair Surface Technologies, Inc, which represents the fifth segment.

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Institutional Ownership by Quarter for Praxair (NYSE:PX)

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