Keybank National Association OH Sells 147,194 Shares of Chart Industries, Inc. $GTLS

Keybank National Association OH decreased its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 55.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,279 shares of the industrial products company’s stock after selling 147,194 shares during the quarter. Keybank National Association OH owned approximately 0.24% of Chart Industries worth $24,248,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its position in Chart Industries by 95.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $29,000 after buying an additional 71 shares in the last quarter. Torren Management LLC acquired a new position in shares of Chart Industries during the 4th quarter worth about $30,000. Los Angeles Capital Management LLC bought a new position in shares of Chart Industries in the 4th quarter valued at about $40,000. MCF Advisors LLC bought a new position in shares of Chart Industries in the 4th quarter valued at about $41,000. Finally, Smartleaf Asset Management LLC increased its position in shares of Chart Industries by 44.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 223 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 69 shares during the last quarter.

Analyst Upgrades and Downgrades

GTLS has been the topic of several analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Chart Industries in a report on Wednesday, June 24th. Wall Street Zen raised Chart Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Finally, Zacks Research cut Chart Industries from a “hold” rating to a “strong sell” rating in a research note on Monday, April 27th. Eleven investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Chart Industries currently has a consensus rating of “Reduce” and a consensus target price of $201.80.

Chart Industries Stock Up 0.0%

Chart Industries stock opened at $208.77 on Friday. 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 company’s 50-day moving average is $207.75 and its 200-day moving average is $207.27. The firm has a market capitalization of $9.99 billion, a PE ratio of -200.74, a P/E/G ratio of 1.23 and a beta of 1.53. Chart Industries, Inc. has a fifty-two week low of $162.00 and a fifty-two week high of $209.18.

About Chart Industries

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.