Capricorn Fund Managers Ltd Purchases 23,606 Shares of Chart Industries, Inc. $GTLS

Capricorn Fund Managers Ltd raised its position in Chart Industries, Inc. (NYSE:GTLS) by 70.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 56,989 shares of the industrial products company’s stock after purchasing an additional 23,606 shares during the period. Chart Industries accounts for approximately 1.8% of Capricorn Fund Managers Ltd’s portfolio, making the stock its 17th largest position. Capricorn Fund Managers Ltd owned 0.12% of Chart Industries worth $11,782,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new position in Chart Industries during the fourth quarter worth $237,827,000. Balyasny Asset Management L.P. boosted its position in Chart Industries by 2,251.3% during the third quarter. Balyasny Asset Management L.P. now owns 1,018,831 shares of the industrial products company’s stock valued at $203,919,000 after acquiring an additional 975,501 shares during the last quarter. Millennium Management LLC boosted its position in Chart Industries by 94.9% during the fourth quarter. Millennium Management LLC now owns 1,586,588 shares of the industrial products company’s stock valued at $327,202,000 after acquiring an additional 772,723 shares during the last quarter. UBS Group AG boosted 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 valued at $243,550,000 after acquiring an additional 513,195 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in Chart Industries during the 3rd quarter worth about $92,938,000.

Chart Industries Trading Up 0.0%

GTLS opened at $208.96 on Wednesday. The company has a fifty day moving average price of $207.71 and a two-hundred day moving average price of $207.22. Chart Industries, Inc. has a 1-year low of $160.41 and a 1-year high of $209.13. The company has a market cap of $10.00 billion, a P/E ratio of 803.70, a price-to-earnings-growth ratio of 1.23 and a beta of 1.53. The company has a current ratio of 1.53, a quick ratio of 1.21 and a debt-to-equity ratio of 1.15.

Analyst Upgrades and Downgrades

GTLS has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Chart Industries in a research note on Wednesday, June 24th. Zacks Research cut Chart Industries from a “hold” rating to a “strong sell” rating in a research note on Monday, April 27th. Finally, Wall Street Zen upgraded Chart Industries from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Eleven investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Chart Industries presently has an average rating of “Reduce” and an average target price of $201.80.

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.