Hsbc Holdings PLC Has $19.01 Million Stake in Chart Industries, Inc. $GTLS

Hsbc Holdings PLC increased its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 12.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 92,198 shares of the industrial products company’s stock after acquiring an additional 10,219 shares during the period. Hsbc Holdings PLC owned about 0.19% of Chart Industries worth $19,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Torren Management LLC bought a new stake in shares of Chart Industries during the fourth quarter worth about $30,000. MCF Advisors LLC bought a new position in Chart Industries in the 4th quarter valued at approximately $41,000. Los Angeles Capital Management LLC acquired a new stake in Chart Industries during the 4th quarter worth approximately $40,000. Smartleaf Asset Management LLC boosted its position in Chart Industries by 44.8% during the 4th 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. Finally, CI Investments Inc. grew its holdings in Chart Industries by 36.9% during the 3rd quarter. CI Investments Inc. now owns 271 shares of the industrial products company’s stock worth $54,000 after acquiring an additional 73 shares during the last quarter.

Chart Industries Trading Up 0.2%

NYSE:GTLS opened at $209.21 on Wednesday. The firm’s fifty day moving average is $207.80 and its 200-day moving average is $207.33. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.21 and a current ratio of 1.53. Chart Industries, Inc. has a 52 week low of $163.23 and a 52 week high of $209.30. The firm has a market cap of $10.01 billion, a P/E ratio of -201.16, a P/E/G ratio of 1.23 and a beta of 1.53.

Analyst Ratings Changes

Several equities analysts have issued reports on GTLS shares. Wall Street Zen upgraded shares of Chart Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of Chart Industries in a research note on Wednesday, June 24th. Finally, Zacks Research downgraded 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $201.80.

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.