Windward Capital Management Co Ca buys $15,525,881 stake in Praxair (PX)

Praxair (PX) : Windward Capital Management Co Ca scooped up 844 additional shares in Praxair during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 132,496 shares of Praxair which is valued at $15,525,881.Praxair makes up approximately 2.93% of Windward Capital Management Co Ca’s portfolio.

Other Hedge Funds, Including , Legal General Group Plc reduced its stake in PX by selling 7,522 shares or 0.55% in the most recent quarter. The Hedge Fund company now holds 1,365,857 shares of PX which is valued at $159,982,830. Praxair makes up approx 0.16% of Legal General Group Plc’s portfolio.Trust Co Of Oklahoma reduced its stake in PX by selling 160 shares or 3.71% in the most recent quarter. The Hedge Fund company now holds 4,150 shares of PX which is valued at $493,228. Praxair makes up approx 0.27% of Trust Co Of Oklahoma’s portfolio.

Praxair opened for trading at $117.81 and hit $117.995 on the upside on Friday, eventually ending the session at $117.18, with a gain of 0.07% or 0.08 points. The heightened volatility saw the trading volume jump to 4,64,337 shares. Company has a market cap of $33,423 M.

On the company’s financial health, Praxair reported $1.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.36. The company had revenue of $2665.00 million for the quarter, compared to analysts expectations of $2609.53 million. The company’s revenue was down -2.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.45 EPS.

Praxair Inc. (Praxair) is an industrial gas supplier in North and South America Asia and Europe. 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 Praxair operates its surface technologies business through its wholly owned subsidiary Praxair Surface Technologies Inc. which represents the fifth segment. The Company’s products in its industrial gases business include atmospheric gases (oxygen nitrogen argon rare gases) and process gases (carbon dioxide helium hydrogen electronic gases specialty gases acetylene). The company also designs engineers and builds equipment that produces industrial gases primarily for internal use. The company’s surface technologies segment operated through Praxair Surface Technologies Inc. supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders.

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