Chart Industries, Inc. $GTLS Shares Sold by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC reduced its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 43.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,745 shares of the industrial products company’s stock after selling 55,829 shares during the quarter. Rice Hall James & Associates LLC owned 0.15% of Chart Industries worth $15,040,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in GTLS. M&T Bank Corp raised its position in Chart Industries by 2,212.5% in the fourth 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 period. Capricorn Fund Managers Ltd acquired a new position in shares of Chart Industries during the fourth quarter worth about $6,885,000. UBS Group AG lifted its stake in shares of 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 purchasing an additional 513,195 shares in the last quarter. Tudor Investment Corp ET AL boosted its position in shares of Chart Industries by 499.0% in 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 period. Finally, Jefferson Bridge Capital LLC purchased a new stake in shares of Chart Industries in the fourth quarter worth about $1,316,000.

Chart Industries Stock Performance

NYSE:GTLS opened at $209.90 on Friday. The firm has a 50-day moving average of $208.39 and a two-hundred day moving average of $207.66. 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 cap of $10.05 billion, a P/E ratio of -201.82, a PEG ratio of 1.24 and a beta of 1.53. Chart Industries, Inc. has a 1-year low of $163.23 and a 1-year high of $209.96.

Analyst Ratings Changes

Several brokerages recently commented on GTLS. Wall Street Zen upgraded Chart Industries from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a report on Wednesday, June 24th. Finally, Zacks Research downgraded shares of Chart Industries from a “hold” rating to a “strong sell” rating in a research 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. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average 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.