O Brien Greene & Co. Inc Has $647,000 Stock Position in Linde plc (NASDAQ:LIN)

O Brien Greene & Co. Inc boosted its holdings in Linde plc (NASDAQ:LIN) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,546 shares of the basic materials company’s stock after buying an additional 35 shares during the quarter. O Brien Greene & Co. Inc’s holdings in Linde were worth $647,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Concord Asset Management LLC VA boosted its stake in shares of Linde by 0.5% in the 4th quarter. Concord Asset Management LLC VA now owns 4,774 shares of the basic materials company’s stock valued at $1,999,000 after purchasing an additional 23 shares in the last quarter. Salomon & Ludwin LLC lifted its stake 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 purchasing an additional 24 shares during the last quarter. Fourpath Capital Management LLC boosted its position in Linde by 0.6% in the fourth quarter. Fourpath Capital Management LLC now owns 4,138 shares of the basic materials company’s stock valued at $1,732,000 after buying an additional 24 shares in the last quarter. Greystone Financial Group LLC grew its stake in shares of Linde by 1.3% during the third quarter. Greystone Financial Group LLC now owns 2,013 shares of the basic materials company’s stock worth $960,000 after buying an additional 25 shares during the last quarter. Finally, Romano Brothers AND Company grew its stake in shares of Linde by 1.3% during the fourth quarter. Romano Brothers AND Company now owns 2,009 shares of the basic materials company’s stock worth $841,000 after buying an additional 25 shares during the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Linde news, VP Guillermo Bichara sold 4,385 shares of Linde stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $460.73, for a total transaction of $2,020,301.05. Following the transaction, the vice president now owns 22,776 shares of the company’s stock, valued at $10,493,586.48. This trade represents a 16.14 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert L. Wood sold 2,900 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $456.26, for a total value of $1,323,154.00. Following the completion of the transaction, the director now owns 14,013 shares in the company, valued at $6,393,571.38. The trade was a 17.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,503 shares of company stock valued at $4,306,843 in the last three months. 0.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

LIN has been the topic of several recent research reports. Mizuho raised their price objective on Linde from $520.00 to $530.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price target on Linde from $510.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, November 1st. BMO Capital Markets upped their price objective on Linde from $477.00 to $507.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Citigroup cut their target price on shares of Linde from $490.00 to $480.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 18th. Finally, TD Cowen upgraded shares of Linde from a “hold” rating to a “buy” rating and upped their price target for the company from $480.00 to $515.00 in a research report on Monday, January 13th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Linde presently has a consensus rating of “Moderate Buy” and a consensus target price of $501.82.

Linde Trading Down 0.8 %

NASDAQ:LIN opened at $462.07 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.89 and a quick ratio of 0.76. Linde plc has a one year low of $410.69 and a one year high of $487.49. The company has a market cap of $220.02 billion, a PE ratio of 33.95, a PEG ratio of 3.11 and a beta of 0.94. The firm has a 50-day moving average of $435.96 and a 200-day moving average of $454.18.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, February 6th. The basic materials company reported $3.97 EPS for the quarter, topping 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%. As a group, equities research analysts expect that Linde plc will post 16.54 EPS for the current fiscal year.

Linde Company 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.