Healthcare of Ontario Pension Plan Trust Fund Has $63.36 Million Stock Position in Chart Industries, Inc. $GTLS

Healthcare of Ontario Pension Plan Trust Fund lessened its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 42.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 306,467 shares of the industrial products company’s stock after selling 225,307 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned about 0.64% of Chart Industries worth $63,362,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Millennium Management LLC raised its stake in shares of Chart Industries by 94.9% during the 4th quarter. Millennium Management LLC now owns 1,586,588 shares of the industrial products company’s stock worth $327,202,000 after purchasing an additional 772,723 shares in the last quarter. FIL Ltd increased its holdings in Chart Industries by 7.2% during the fourth quarter. FIL Ltd now owns 1,315,500 shares of the industrial products company’s stock worth $271,296,000 after buying an additional 88,000 shares during the last quarter. UBS Group AG raised its position in 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 acquiring an additional 513,195 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Chart Industries by 62.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,155,240 shares of the industrial products company’s stock worth $238,245,000 after acquiring an additional 442,650 shares in the last quarter. Finally, Norges Bank acquired a new stake in Chart Industries in the fourth quarter valued at $237,827,000.

Analyst Ratings Changes

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

Chart Industries Stock Performance

GTLS stock opened at $209.90 on Friday. Chart Industries, Inc. has a one year low of $163.23 and a one year high of $209.96. The stock has a market cap of $10.05 billion, a price-to-earnings ratio of -201.82, a price-to-earnings-growth ratio of 1.24 and a beta of 1.53. The company has a fifty day moving average price of $208.39 and a two-hundred day moving average price 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.

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.