SG Americas Securities LLC Increases Stock Position in Chart Industries, Inc. $GTLS

SG Americas Securities LLC increased its holdings in Chart Industries, Inc. (NYSE:GTLS) by 218.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,538 shares of the industrial products company’s stock after acquiring an additional 12,027 shares during the quarter. SG Americas Securities LLC’s holdings in Chart Industries were worth $3,626,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its position in Chart Industries by 95.9% during the 3rd 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 during the last quarter. Torren Management LLC purchased a new stake in shares of Chart Industries in the fourth quarter valued at about $30,000. MCF Advisors LLC purchased a new stake in shares of Chart Industries in the fourth quarter valued at about $41,000. Los Angeles Capital Management LLC acquired a new stake in shares of Chart Industries during the fourth quarter worth about $40,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Chart Industries by 44.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 223 shares of the industrial products company’s stock worth $46,000 after buying an additional 69 shares during the period.

Chart Industries Trading Up 0.2%

Shares of Chart Industries stock opened at $208.95 on Tuesday. The firm has a market cap of $10.00 billion, a price-to-earnings ratio of 803.68, a price-to-earnings-growth ratio of 1.23 and a beta of 1.53. Chart Industries, Inc. has a 52-week low of $160.41 and a 52-week high of $209.13. The company’s 50-day simple moving average is $207.69 and its 200-day simple moving average is $207.19. The company has a quick ratio of 1.21, a current ratio of 1.53 and a debt-to-equity ratio of 1.15.

Analyst Ratings Changes

GTLS has been the subject of several analyst reports. Wall Street Zen raised Chart Industries from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Chart Industries in a research note on Wednesday, June 24th. Finally, Zacks Research lowered Chart Industries from a “hold” rating to a “strong sell” rating in a report on Monday, April 27th. Eleven equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $201.80.

About Chart Industries

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.