Maven Securities LTD Makes New Investment in Chart Industries, Inc. $GTLS

Maven Securities LTD purchased a new position in shares of Chart Industries, Inc. (NYSE:GTLS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 32,672 shares of the industrial products company’s stock, valued at approximately $6,738,000. Maven Securities LTD owned approximately 0.07% of Chart Industries as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Angelo Gordon & CO. L.P. bought a new position in shares of Chart Industries during the 3rd quarter worth approximately $2,602,000. Magnetar Financial LLC grew its stake in shares of Chart Industries by 23.3% during the 3rd quarter. Magnetar Financial LLC now owns 382,078 shares of the industrial products company’s stock worth $76,473,000 after acquiring an additional 72,078 shares in the last quarter. M&T Bank Corp grew its stake in shares of Chart Industries by 2,212.5% during the 4th quarter. M&T Bank Corp now owns 52,911 shares of the industrial products company’s stock worth $10,912,000 after acquiring an additional 50,623 shares in the last quarter. Centiva Capital LP bought a new position in shares of Chart Industries during the 3rd quarter worth approximately $12,009,000. Finally, Capricorn Fund Managers Ltd bought a new position in shares of Chart Industries during the 4th quarter worth approximately $6,885,000.

Chart Industries Price Performance

NYSE:GTLS opened at $206.62 on Monday. Chart Industries, Inc. has a 1-year low of $140.50 and a 1-year high of $208.76. The company has a current ratio of 1.53, a quick ratio of 1.21 and a debt-to-equity ratio of 1.15. The firm has a fifty day simple moving average of $207.57 and a 200 day simple moving average of $206.91. The stock has a market capitalization of $9.89 billion, a PE ratio of 794.72, a P/E/G ratio of 1.22 and a beta of 1.53.

Analyst Ratings Changes

GTLS has been the subject of several research reports. Wall Street Zen cut shares of Chart Industries from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Chart Industries in a research note on Friday, March 27th. Finally, Zacks Research cut shares of Chart Industries from a “hold” rating to a “strong sell” rating in a research note on Monday, April 27th. Eleven research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target 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.