Alberta Investment Management Corp Invests $27.61 Million in Chart Industries, Inc. $GTLS

Alberta Investment Management Corp bought a new position in shares of Chart Industries, Inc. (NYSE:GTLSFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 133,900 shares of the industrial products company’s stock, valued at approximately $27,614,000.

A number of other hedge funds have also modified their holdings of GTLS. EverSource Wealth Advisors LLC grew its position in shares of Chart Industries by 95.9% during the third quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 71 shares during the last quarter. Torren Management LLC purchased a new position in shares of Chart Industries during the fourth quarter worth approximately $30,000. Los Angeles Capital Management LLC purchased a new position in shares of Chart Industries during the fourth quarter worth approximately $40,000. MCF Advisors LLC purchased a new position in shares of Chart Industries during the fourth quarter worth approximately $41,000. Finally, Clearstead Advisors LLC grew its position in shares of Chart Industries by 243.3% during the third quarter. Clearstead Advisors LLC now owns 230 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 163 shares during the last quarter.

Chart Industries Price Performance

Shares of NYSE GTLS opened at $206.54 on Tuesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.53 and a quick ratio of 1.21. The stock has a fifty day moving average price of $207.56 and a 200 day moving average price of $206.93. Chart Industries, Inc. has a 1-year low of $140.50 and a 1-year high of $208.76. The company has a market cap of $9.89 billion, a PE ratio of 794.41, a P/E/G ratio of 1.22 and a beta of 1.53.

Analyst Ratings Changes

GTLS has been the topic of a number of research reports. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research report on Friday, March 27th. Wall Street Zen lowered shares of Chart Industries from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Finally, Zacks Research downgraded Chart Industries from a “hold” rating to a “strong sell” rating in a report on Monday, April 27th. Eleven investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $201.80.

View Our Latest Stock Analysis on GTLS

Chart Industries Profile

(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

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

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