Boulegeris Investments Holding in Agnico Eagle Mines LTD (AEM) Has Boosted as Share Price Rose; Chesley Taft & Associates Cut Its Praxair (PX) Position by $311,760; Market Value Rose

June 14, 2018 - By Louis Casey

Praxair, Inc. (NYSE:PX) Logo

Chesley Taft & Associates Llc decreased its stake in Praxair Inc (PX) by 8.13% based on its latest 2018Q1 regulatory filing with the SEC. Chesley Taft & Associates Llc sold 2,165 shares as the company’s stock rose 0.80% while stock markets declined. The institutional investor held 24,478 shares of the basic industries company at the end of 2018Q1, valued at $3.53 million, down from 26,643 at the end of the previous reported quarter. Chesley Taft & Associates Llc who had been investing in Praxair Inc for a number of months, seems to be less bullish one the $46.43B market cap company. The stock increased 0.69% or $1.1 during the last trading session, reaching $161.57. About 1.00 million shares traded. Praxair, Inc. (NYSE:PX) has risen 19.06% since June 14, 2017 and is uptrending. It has outperformed by 6.49% the S&P500. Some Historical PX News: 24/04/2018 – PRAXAIR SIGNS LONG-TERM PACT WITH SAMSUNG TO SUPPLY WORLD-SCALE; 08/03/2018 – Channel NewsAsia: Linde, Praxair expect bids for planned divestitures this month; 08/03/2018 – LINDE AG LING.DE – COMPLETION OF MERGER WITH PRAXAIR STILL PLANNED FOR SECOND HALF OF 2018; 08/03/2018 – Yahoo! UK: Linde, Praxair expect bids for planned divestitures this month; 25/04/2018 – Linde and Praxair Intend Cash Merger Squeeze Out After Merger; 08/03/2018 Linde: Completion of Praxair Deal Still Expected in 2H; 15/05/2018 – Dynamo Cuts Praxair, Buys More Cosan Ltd: 13F; 04/05/2018 – Praxair: Canada’s Competition Bureau Continues to Review the Proposed Business Combination; 12/03/2018 – Correction to Linde-Praxair Market Talk; 25/04/2018 – LINDE AG LING.DE – LINDE INTERMEDIATE HOLDING AG WILL ENTER INTO NEGOTIATIONS WITH LINDE AG REGARDING A MERGER AGREEMENT

Boulegeris Investments Inc increased its stake in Agnico Eagle Mines Ltd (AEM) by 72.93% based on its latest 2018Q1 regulatory filing with the SEC. Boulegeris Investments Inc bought 13,940 shares as the company’s stock rose 8.61% while stock markets declined. The institutional investor held 33,055 shares of the precious metals company at the end of 2018Q1, valued at $1.39 million, up from 19,115 at the end of the previous reported quarter. Boulegeris Investments Inc who had been investing in Agnico Eagle Mines Ltd for a number of months, seems to be bullish on the $10.75 billion market cap company. The stock increased 1.90% or $0.87 during the last trading session, reaching $46.6. About 1.26 million shares traded or 4.11% up from the average. Agnico Eagle Mines Limited (NYSE:AEM) has declined 8.97% since June 14, 2017 and is downtrending. It has underperformed by 21.54% the S&P500. Some Historical AEM News: 10/05/2018 – AEM United States Ag Tractor and Combine Report April 2018; 26/04/2018 – AGNICO EAGLE MINES LTD – PRODUCTION AND COST GUIDANCE REITERATED FOR 2018; 26/04/2018 – AGNICO EAGLE MINES LTD – TOTAL CAPITAL EXPENDITURES (INCLUDING SUSTAINING CAPITAL) IN 2018 REMAIN FORECAST TO BE APPROXIMATELY $1.08 BLN; 22/03/2018 – Pöyry awarded EPCM services assignment for expansion investment of Agnico Eagle Finland gold mine in Kittilä, Finland; 26/04/2018 – AGNICO EAGLE MINES LTD – QTRLY REVENUES FROM MINING OPERATIONS $578.4 MLN VS $547.5 MLN REPORTED LAST YEAR; 30/04/2018 – Agnico Eagle Announces Election of Directors; 26/04/2018 – AGNICO EAGLE MINES 1Q REV. $578.4M, EST. $542.0M; 25/04/2018 – AEM Holdings Closes Below 50-Day Moving Average: Technicals; 29/05/2018 – AGNICO EAGLE MINES LTD AEM.TO : BMO RAISES TO OUTPERFORM FROM MARKET PERFORM; 12/03/2018 – AEM United States Ag Tractor and Combine Report February 2018

Among 24 analysts covering Praxair (NYSE:PX), 12 have Buy rating, 3 Sell and 9 Hold. Therefore 50% are positive. Praxair had 54 analyst reports since August 12, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Monday, April 18 report. Seaport Global maintained Praxair, Inc. (NYSE:PX) on Wednesday, January 17 with “Hold” rating. The firm has “Sell” rating by Zacks given on Friday, August 28. The rating was maintained by Jefferies on Tuesday, May 30 with “Buy”. The firm earned “Hold” rating on Tuesday, March 27 by BMO Capital Markets. The firm has “Overweight” rating given on Friday, January 27 by JP Morgan. On Wednesday, June 21 the stock rating was maintained by Jefferies with “Buy”. The company was upgraded on Wednesday, June 7 by Bank of America. The firm has “Buy” rating given on Tuesday, December 19 by Deutsche Bank. The rating was maintained by Susquehanna on Wednesday, October 7 with “Neutral”.

Another recent and important Praxair, Inc. (NYSE:PX) news was published by Seekingalpha.com which published an article titled: “Reuters: Linde-Praxair merger narrows in favor of strategic bidders” on June 08, 2018.

Investors sentiment decreased to 0.98 in 2018 Q1. Its down 0.08, from 1.06 in 2017Q4. It worsened, as 57 investors sold PX shares while 300 reduced holdings. 93 funds opened positions while 257 raised stakes. 232.95 million shares or 0.44% less from 233.99 million shares in 2017Q4 were reported. Ftb Advsr Inc has invested 0.05% of its portfolio in Praxair, Inc. (NYSE:PX). Moreover, Virginia Retirement Et Al has 0.03% invested in Praxair, Inc. (NYSE:PX). Cornerstone Advsr holds 12,000 shares. Bb&T Secs Limited Liability Corporation, a Virginia-based fund reported 19,540 shares. Hanson Doremus holds 415 shares. Oakbrook Ltd owns 13,049 shares or 0.12% of their US portfolio. First Tru reported 0.33% stake. Atlantic Trust Gp accumulated 0.56% or 886,472 shares. Invesco Limited owns 862,625 shares for 0.05% of their portfolio. Macquarie Grp Limited owns 0.03% invested in Praxair, Inc. (NYSE:PX) for 123,421 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta has invested 0.14% in Praxair, Inc. (NYSE:PX). Joel Isaacson Ltd Liability stated it has 0.04% in Praxair, Inc. (NYSE:PX). Hm Payson And has invested 0.09% in Praxair, Inc. (NYSE:PX). Boston Family Office Limited Co reported 49,955 shares. Gam Ag invested in 33,050 shares.

Analysts await Praxair, Inc. (NYSE:PX) to report earnings on July, 26. They expect $1.70 EPS, up 16.44% or $0.24 from last year’s $1.46 per share. PX’s profit will be $488.53 million for 23.76 P/E if the $1.70 EPS becomes a reality. After $1.65 actual EPS reported by Praxair, Inc. for the previous quarter, Wall Street now forecasts 3.03% EPS growth.

Chesley Taft & Associates Llc, which manages about $1.37B and $1.13 billion US Long portfolio, upped its stake in Fiserv Inc. (NASDAQ:FISV) by 39,120 shares to 78,035 shares, valued at $5.57 million in 2018Q1, according to the filing. It also increased its holding in Texas Instruments Inc. (NASDAQ:TXN) by 6,996 shares in the quarter, for a total of 25,210 shares, and has risen its stake in Zoetis Inc. (NYSE:ZTS).

Boulegeris Investments Inc, which manages about $126.78 million and $182.67 million US Long portfolio, decreased its stake in Disney Walt Co (NYSE:DIS) by 3,587 shares to 20,143 shares, valued at $2.02 million in 2018Q1, according to the filing.

More notable recent Agnico Eagle Mines Limited (NYSE:AEM) news were published by: Investingnews.com which released: “New Geological Models Bring New Discoveries to Historical Mining Districts” on June 08, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For May 29, 2018” published on May 29, 2018, Globenewswire.com published: “Factors of Influence in 2018, Key Indicators and Opportunity within Methanex, Agnico Eagle Mines, Ensco plc …” on June 07, 2018. More interesting news about Agnico Eagle Mines Limited (NYSE:AEM) were released by: Fool.com and their article: “Better Buy: Yamana Gold Inc. vs. Agnico Eagle Mines” published on June 01, 2018 as well as Prnewswire.com‘s news article titled: “Monarques Gold Confirms Pit Constrained Resource on its Mckenzie Break Gold Project” with publication date: June 14, 2018.

Praxair, Inc. (NYSE:PX) Institutional Positions Chart

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