Whitebox Advisors LLC Has $156.90 Million Holdings in Chart Industries, Inc. $GTLS

Whitebox Advisors LLC boosted its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 35.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 758,887 shares of the industrial products company’s stock after buying an additional 198,886 shares during the period. Chart Industries makes up approximately 1.9% of Whitebox Advisors LLC’s holdings, making the stock its 9th biggest holding. Whitebox Advisors LLC owned 1.59% of Chart Industries worth $156,900,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. M&T Bank Corp lifted its position in Chart Industries by 2,212.5% in the 4th quarter. M&T Bank Corp now owns 52,911 shares of the industrial products company’s stock valued at $10,912,000 after acquiring an additional 50,623 shares in the last quarter. Capricorn Fund Managers Ltd bought a new position in Chart Industries during the 4th quarter worth about $6,885,000. UBS Group AG increased its holdings in Chart Industries by 76.9% during the 4th 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 raised its stake in shares of Chart Industries by 499.0% in the 3rd quarter. Tudor Investment Corp ET AL now owns 22,761 shares of the industrial products company’s stock valued at $4,556,000 after purchasing an additional 18,961 shares during the period. Finally, Jefferson Bridge Capital LLC acquired a new stake in shares of Chart Industries in the 4th quarter valued at about $1,316,000.

Chart Industries Price Performance

Shares of GTLS stock opened at $209.90 on Monday. 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, Inc. has a 1 year low of $163.23 and a 1 year high of $209.96. The firm’s fifty day moving average price is $208.39 and its two-hundred day moving average price is $207.67. The firm has a market capitalization of $10.05 billion, a P/E ratio of -201.82, a PEG ratio of 1.24 and a beta of 1.53.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wall Street Zen raised Chart Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Zacks Research lowered Chart Industries from a “hold” rating to a “strong sell” rating in a research report on Monday, April 27th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research note on Wednesday, June 24th. Ten analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Chart Industries has a consensus rating of “Reduce” and an average target price 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.