Healthcare of Ontario Pension Plan Trust Fund Sells 225,307 Shares of Chart Industries, Inc. $GTLS

Healthcare of Ontario Pension Plan Trust Fund lowered its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 42.4% during the first quarter, Holdings Channel.com reports. The firm owned 306,467 shares of the industrial products company’s stock after selling 225,307 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Chart Industries were worth $63,362,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new stake in Chart Industries in the 4th quarter valued at $237,827,000. Balyasny Asset Management L.P. grew its holdings in Chart Industries by 2,251.3% in the 3rd quarter. Balyasny Asset Management L.P. now owns 1,018,831 shares of the industrial products company’s stock valued at $203,919,000 after buying an additional 975,501 shares in the last quarter. Millennium Management LLC increased its position in Chart Industries by 94.9% during the 4th quarter. Millennium Management LLC now owns 1,586,588 shares of the industrial products company’s stock worth $327,202,000 after buying an additional 772,723 shares during the period. UBS Group AG increased its position in Chart Industries by 76.9% during the 4th 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 period. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Chart Industries during the third quarter worth $92,938,000.

Analyst Ratings Changes

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

Chart Industries Price Performance

Shares of NYSE GTLS opened at $209.90 on Friday. The stock has a market capitalization of $10.05 billion, a PE ratio of -201.82, a P/E/G ratio of 1.24 and a beta of 1.53. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.53 and a quick ratio of 1.21. The business has a fifty day moving average price of $208.39 and a two-hundred day moving average price of $207.66. Chart Industries, Inc. has a fifty-two week low of $163.23 and a fifty-two week high of $209.96.

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.