Capitolis Liquid Global Markets LLC Acquires New Shares in Chart Industries, Inc. $GTLS

Capitolis Liquid Global Markets LLC acquired a new stake in shares of Chart Industries, Inc. (NYSE:GTLS) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 105,669 shares of the industrial products company’s stock, valued at approximately $21,792,000. Capitolis Liquid Global Markets LLC owned 0.24% of Chart Industries as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Aristeia Capital L.L.C. bought a new stake in shares of Chart Industries during the 4th quarter valued at $594,000. Guggenheim Capital LLC raised its stake in shares of Chart Industries by 4.3% during the 4th quarter. Guggenheim Capital LLC now owns 5,892 shares of the industrial products company’s stock valued at $1,215,000 after purchasing an additional 242 shares during the period. AQR Arbitrage LLC raised its stake in shares of Chart Industries by 14.5% during the 4th quarter. AQR Arbitrage LLC now owns 433,498 shares of the industrial products company’s stock valued at $89,400,000 after purchasing an additional 54,918 shares during the period. Polar Asset Management Partners Inc. raised its stake in shares of Chart Industries by 74.6% during the 4th quarter. Polar Asset Management Partners Inc. now owns 157,145 shares of the industrial products company’s stock valued at $32,408,000 after purchasing an additional 67,145 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of Chart Industries by 7.7% during the 4th quarter. AQR Capital Management LLC now owns 55,489 shares of the industrial products company’s stock valued at $11,443,000 after purchasing an additional 3,965 shares during the period.

Chart Industries Price Performance

Shares of NYSE GTLS opened at $206.93 on Thursday. 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 company has a quick ratio of 1.21, a current ratio of 1.53 and a debt-to-equity ratio of 1.15. The stock’s 50-day simple moving average is $207.56 and its two-hundred day simple moving average is $206.98. Chart Industries, Inc. has a twelve month low of $140.50 and a twelve month high of $208.76.

Analysts Set New Price Targets

A number of analysts recently issued reports on GTLS shares. Zacks Research lowered Chart Industries from a “hold” rating to a “strong sell” rating in a research note on Monday, April 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Chart Industries in a research note on Friday, March 27th. Finally, Wall Street Zen lowered Chart Industries from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Eleven equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $201.80.

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.