Caxton Associates LLP Has $40.14 Million Stake in Chart Industries, Inc. $GTLS

Caxton Associates LLP boosted its stake in Chart Industries, Inc. (NYSE:GTLSFree Report) by 723.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 194,130 shares of the industrial products company’s stock after acquiring an additional 170,563 shares during the quarter. Chart Industries accounts for 0.9% of Caxton Associates LLP’s portfolio, making the stock its 22nd largest position. Caxton Associates LLP owned approximately 0.41% of Chart Industries worth $40,136,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Torren Management LLC acquired a new stake in shares of Chart Industries in the 4th quarter valued at about $30,000. Los Angeles Capital Management LLC bought a new stake in shares of Chart Industries in the fourth quarter valued at about $40,000. MCF Advisors LLC acquired a new position in shares of Chart Industries during the fourth quarter worth about $41,000. Smartleaf Asset Management LLC boosted its position 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. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Chart Industries by 44.8% during the second quarter. Geneos Wealth Management Inc. now owns 323 shares of the industrial products company’s stock worth $53,000 after buying an additional 100 shares in the last quarter.

Chart Industries Stock Performance

Chart Industries stock opened at $209.90 on Friday. The company has a market cap of $10.05 billion, a price-to-earnings ratio of -201.82, a P/E/G ratio of 1.24 and a beta of 1.53. The firm has a 50-day moving average of $208.33 and a 200-day moving average of $207.65. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.53 and a quick ratio of 1.21. Chart Industries, Inc. has a one year low of $163.23 and a one year high of $209.96.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Zacks Research lowered Chart Industries from a “hold” rating to a “strong sell” rating in a research report on Monday, April 27th. Wall Street Zen raised Chart Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Chart Industries in a research note on Wednesday, June 24th. Ten investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Chart Industries has an average rating of “Reduce” and a consensus price target of $210.00.

Check Out Our Latest Analysis on GTLS

About Chart Industries

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Chart Industries (NYSE:GTLS)

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