Capula Management Ltd Makes New $34.39 Million Investment in Chart Industries, Inc. $GTLS

Capula Management Ltd bought a new stake in Chart Industries, Inc. (NYSE:GTLS) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 166,320 shares of the industrial products company’s stock, valued at approximately $34,387,000. Chart Industries accounts for about 0.2% of Capula Management Ltd’s portfolio, making the stock its 13th largest position.

Several other large investors also recently modified their holdings of the business. Torren Management LLC bought a new position in shares of Chart Industries during the 4th quarter valued at about $30,000. MCF Advisors LLC acquired a new position in shares of Chart Industries in the 4th quarter valued at approximately $41,000. Los Angeles Capital Management LLC bought a new stake in Chart Industries during the 4th quarter worth approximately $40,000. Smartleaf Asset Management LLC increased its stake in Chart Industries by 44.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 223 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 69 shares in the last quarter. Finally, Clearstead Advisors LLC raised its holdings in Chart Industries by 35.7% during the 4th quarter. Clearstead Advisors LLC now owns 312 shares of the industrial products company’s stock worth $64,000 after buying an additional 82 shares during the period.

Chart Industries Price Performance

GTLS stock opened at $209.90 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 stock has a market capitalization of $10.05 billion, a P/E ratio of -201.82, a P/E/G ratio of 1.24 and a beta of 1.53. The business has a 50-day moving average of $208.33 and a 200-day moving average of $207.65. Chart Industries, Inc. has a fifty-two week low of $163.23 and a fifty-two week high of $209.96.

Wall Street Analysts Forecast Growth

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

Chart Industries Company 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.