Parametrica Management Ltd acquired a new position in shares of Praxair, Inc. (NYSE:PX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,947 shares of the basic materials company’s stock, valued at approximately $313,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PX. Kaizen Advisory LLC grew its stake in Praxair by 140.9% in the 2nd quarter. Kaizen Advisory LLC now owns 677 shares of the basic materials company’s stock valued at $107,000 after buying an additional 396 shares during the last quarter. Landaas & Co. WI ADV acquired a new position in shares of Praxair during the 2nd quarter worth approximately $147,000. Hartford Financial Management Inc. grew its position in shares of Praxair by 439.0% during the 2nd quarter. Hartford Financial Management Inc. now owns 1,105 shares of the basic materials company’s stock worth $175,000 after purchasing an additional 900 shares in the last quarter. Massey Quick Simon & CO. LLC grew its position in shares of Praxair by 1,259.0% during the 2nd quarter. Massey Quick Simon & CO. LLC now owns 1,128 shares of the basic materials company’s stock worth $178,000 after purchasing an additional 1,045 shares in the last quarter. Finally, Cantor Fitzgerald Investment Adviser L.P. acquired a new position in shares of Praxair during the 2nd quarter worth approximately $200,000. Institutional investors and hedge funds own 86.18% of the company’s stock.

Shares of Praxair stock opened at $164.50 on Tuesday. Praxair, Inc. has a 1-year low of $140.00 and a 1-year high of $169.75.

A number of brokerages have issued reports on PX. BMO Capital Markets restated a “hold” rating and set a $164.00 target price on shares of Praxair in a research report on Tuesday, July 17th. Jefferies Financial Group reaffirmed a “$165.03” rating and set a $194.00 price target on shares of Praxair in a report on Wednesday, July 18th. Sanford C. Bernstein assumed coverage on shares of Praxair in a report on Monday, September 24th. They set an “underperform” rating and a $132.00 price target for the company. JPMorgan Chase & Co. upped their price target on shares of Praxair from $180.00 to $184.00 and gave the stock an “overweight” rating in a report on Friday, July 27th. Finally, BNP Paribas assumed coverage on shares of Praxair in a report on Tuesday, October 2nd. They set a “neutral” rating for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company’s stock. Praxair presently has a consensus rating of “Buy” and a consensus price target of $175.42.

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Praxair Profile

Praxair, Inc produces and distributes industrial gases. It operates through five segments: North America, Europe, South America, Asia, and Surface Technologies. The company 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.

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Institutional Ownership by Quarter for Praxair (NYSE:PX)

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