Chart Industries, Inc. $GTLS Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund cut its stake in Chart Industries, Inc. (NYSE:GTLS) by 83.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,963 shares of the industrial products company’s stock after selling 72,940 shares during the period. New York State Common Retirement Fund’s holdings in Chart Industries were worth $2,995,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Crumly & Associates Inc. raised its stake in Chart Industries by 20.3% during the third quarter. Crumly & Associates Inc. now owns 2,289 shares of the industrial products company’s stock worth $458,000 after purchasing an additional 386 shares during the period. Ballentine Partners LLC acquired a new stake in shares of Chart Industries during the 3rd quarter worth $208,000. Vanguard Personalized Indexing Management LLC raised its position in shares of Chart Industries by 12.6% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 3,651 shares of the industrial products company’s stock worth $731,000 after buying an additional 409 shares during the period. Strs Ohio boosted its holdings in Chart Industries by 7.5% in the third quarter. Strs Ohio now owns 5,700 shares of the industrial products company’s stock valued at $1,141,000 after acquiring an additional 400 shares during the last quarter. Finally, Olympiad Research LP acquired a new position in Chart Industries in the third quarter valued at $1,519,000.

Chart Industries Stock Up 0.2%

Shares of NYSE:GTLS opened at $207.50 on Friday. The company has a 50 day moving average of $206.38 and a two-hundred day moving average of $201.48. Chart Industries, Inc. has a 52-week low of $104.60 and a 52-week high of $208.24. The company has a quick ratio of 1.15, a current ratio of 1.40 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $9.33 billion, a price-to-earnings ratio of 253.05, a price-to-earnings-growth ratio of 0.79 and a beta of 1.75.

Analyst Upgrades and Downgrades

GTLS has been the topic of a number of research reports. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a report on Monday, December 29th. JPMorgan Chase & Co. increased their target price on shares of Chart Industries from $194.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $206.00.

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.