Keybank National Association OH Sells 147,194 Shares of Chart Industries, Inc. $GTLS

Keybank National Association OH decreased its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 55.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,279 shares of the industrial products company’s stock after selling 147,194 shares during the quarter. Keybank National Association OH’s holdings in Chart Industries were worth $24,248,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Angelo Gordon & CO. L.P. bought a new stake in shares of Chart Industries in the third quarter valued at about $2,602,000. Magnetar Financial LLC grew its stake in shares of Chart Industries by 23.3% in the third quarter. Magnetar Financial LLC now owns 382,078 shares of the industrial products company’s stock valued at $76,473,000 after acquiring an additional 72,078 shares in the last quarter. M&T Bank Corp increased its position in Chart Industries by 2,212.5% during the fourth 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 during the period. Centiva Capital LP bought a new position in Chart Industries during the third quarter worth about $12,009,000. Finally, Grantham Mayo Van Otterloo & Co. LLC raised its stake in Chart Industries by 254.3% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 145,401 shares of the industrial products company’s stock worth $29,102,000 after purchasing an additional 104,358 shares in the last quarter.

Wall Street Analysts Forecast Growth

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

Chart Industries Stock Up 0.0%

GTLS stock opened at $208.77 on Friday. The company has a market cap of $9.99 billion, a PE ratio of -200.74, a price-to-earnings-growth ratio of 1.23 and a beta of 1.53. The business has a 50-day simple moving average of $207.75 and a 200 day simple moving average of $207.27. Chart Industries, Inc. has a 52 week low of $162.00 and a 52 week high of $209.18. The company has a quick ratio of 1.21, a current ratio of 1.53 and a debt-to-equity ratio of 1.15.

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.