WINTON GROUP Ltd Increases Stake in Chart Industries, Inc. $GTLS

WINTON GROUP Ltd raised its holdings in Chart Industries, Inc. (NYSE:GTLS) by 32.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 91,752 shares of the industrial products company’s stock after acquiring an additional 22,608 shares during the quarter. Chart Industries comprises 0.7% of WINTON GROUP Ltd’s portfolio, making the stock its 9th largest position. WINTON GROUP Ltd owned approximately 0.20% of Chart Industries worth $18,922,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in shares of Chart Industries by 95.9% during the third quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 71 shares in the last quarter. Torren Management LLC acquired a new position in shares of Chart Industries in the 4th quarter valued at $30,000. Clearstead Advisors LLC grew its holdings in shares of Chart Industries by 243.3% in the 3rd quarter. Clearstead Advisors LLC now owns 230 shares of the industrial products company’s stock valued at $46,000 after buying an additional 163 shares during the period. CI Investments Inc. grew its holdings in shares of Chart Industries by 36.9% in the 3rd quarter. CI Investments Inc. now owns 271 shares of the industrial products company’s stock valued at $54,000 after buying an additional 73 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Chart Industries by 44.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 323 shares of the industrial products company’s stock valued at $53,000 after buying an additional 100 shares during the period.

Analysts Set New Price Targets

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

Chart Industries Trading Down 0.1%

GTLS opened at $207.30 on Friday. The stock has a market capitalization of $9.92 billion, a P/E ratio of 797.34, a P/E/G ratio of 1.22 and a beta of 1.53. Chart Industries, Inc. has a 12 month low of $140.50 and a 12 month high of $208.76. The firm’s fifty day simple moving average is $207.57 and its 200 day simple moving average is $206.78. The company has a current ratio of 1.53, a quick ratio of 1.21 and a debt-to-equity ratio of 1.15.

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.