550,117 Shares in Chart Industries, Inc. $GTLS Bought by Kryger Capital LLC

Kryger Capital LLC bought a new position in shares of Chart Industries, Inc. (NYSE:GTLS) during the 1st quarter, Holdings Channel.com reports. The firm bought 550,117 shares of the industrial products company’s stock, valued at approximately $113,737,000. Chart Industries makes up 8.0% of Kryger Capital LLC’s holdings, making the stock its 2nd biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in GTLS. M&T Bank Corp boosted its stake in shares of Chart Industries by 2,212.5% in the 4th quarter. M&T Bank Corp now owns 52,911 shares of the industrial products company’s stock valued at $10,912,000 after purchasing an additional 50,623 shares during the last quarter. Capricorn Fund Managers Ltd acquired a new stake in shares of Chart Industries during the fourth quarter worth $6,885,000. UBS Group AG raised its stake in Chart Industries by 76.9% during the fourth quarter. UBS Group AG now owns 1,180,965 shares of the industrial products company’s stock worth $243,550,000 after buying an additional 513,195 shares during the last quarter. Tudor Investment Corp ET AL raised its stake in Chart Industries by 499.0% during the third quarter. Tudor Investment Corp ET AL now owns 22,761 shares of the industrial products company’s stock worth $4,556,000 after buying an additional 18,961 shares during the last quarter. Finally, Jefferson Bridge Capital LLC acquired a new position in Chart Industries in the fourth quarter valued at $1,316,000.

Chart Industries Stock Performance

Shares of GTLS stock opened at $209.90 on Friday. The company has a market cap of $10.05 billion, a price-to-earnings ratio of -201.82, a price-to-earnings-growth ratio of 1.24 and a beta of 1.53. Chart Industries, Inc. has a 52 week low of $163.23 and a 52 week high of $209.96. The company has a quick ratio of 1.21, a current ratio of 1.53 and a debt-to-equity ratio of 1.15. The firm has a 50 day moving average of $208.39 and a 200-day moving average of $207.66.

Wall Street Analyst Weigh In

GTLS has been the topic of a number of research analyst reports. Zacks Research cut shares of Chart Industries from a “hold” rating to a “strong sell” rating in a research report on Monday, April 27th. Wall Street Zen raised Chart Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Chart Industries in a research note on Wednesday, June 24th. Ten analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $210.00.

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.