Capitolis Liquid Global Markets LLC acquired a new stake in shares of Chart Industries, Inc. (NYSE:GTLS – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 105,669 shares of the industrial products company’s stock, valued at approximately $21,792,000.
Several other institutional investors have also recently modified their holdings of GTLS. EverSource Wealth Advisors LLC increased its position in shares of Chart Industries by 95.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 71 shares during the last quarter. Torren Management LLC bought a new position in shares of Chart Industries during the 4th quarter valued at about $30,000. Los Angeles Capital Management LLC bought a new position in shares of Chart Industries during the 4th quarter valued at about $40,000. MCF Advisors LLC bought a new position in shares of Chart Industries during the 4th quarter valued at about $41,000. Finally, Clearstead Advisors LLC increased its position in shares of Chart Industries by 243.3% during the 3rd quarter. Clearstead Advisors LLC now owns 230 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 163 shares during the last quarter.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. Zacks Research cut Chart Industries from a “hold” rating to a “strong sell” rating in a report on Monday, April 27th. Wall Street Zen cut Chart Industries from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a report on Friday, March 27th. Eleven investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Chart Industries presently has a consensus rating of “Reduce” and an average price target of $201.80.
Chart Industries Stock Down 0.2%
Shares of NYSE:GTLS opened at $206.93 on Thursday. Chart Industries, Inc. has a 52-week low of $140.50 and a 52-week high of $208.76. The firm has a market capitalization of $9.91 billion, a P/E ratio of 795.90, a P/E/G ratio of 1.22 and a beta of 1.53. The stock has a 50 day moving average price of $207.56 and a 200-day moving average price of $206.98. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.21 and a current ratio of 1.53.
Chart Industries Profile
Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.
Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.
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