Healthcare of Ontario Pension Plan Trust Fund Purchases New Stake in Chart Industries, Inc. (NYSE:GTLS)

Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Chart Industries, Inc. (NYSE:GTLSGet Rating) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,031 shares of the industrial products company’s stock, valued at approximately $2,181,000.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its position in Chart Industries by 9.8% during the second quarter. Bank of Montreal Can now owns 5,288 shares of the industrial products company’s stock worth $873,000 after purchasing an additional 473 shares during the period. Brown Brothers Harriman & Co. boosted its position in Chart Industries by 212.0% during the second quarter. Brown Brothers Harriman & Co. now owns 156 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 106 shares during the period. JPMorgan Chase & Co. boosted its position in Chart Industries by 469.2% during the second quarter. JPMorgan Chase & Co. now owns 487,435 shares of the industrial products company’s stock worth $81,587,000 after purchasing an additional 401,800 shares during the period. CNB Bank bought a new position in Chart Industries during the second quarter worth about $117,000. Finally, Kennedy Capital Management Inc. boosted its position in Chart Industries by 191.8% during the second quarter. Kennedy Capital Management Inc. now owns 89,019 shares of the industrial products company’s stock worth $14,900,000 after purchasing an additional 58,509 shares during the period.

Wall Street Analysts Forecast Growth

GTLS has been the subject of a number of research reports. Piper Sandler lowered shares of Chart Industries from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $228.00 to $133.00 in a research report on Friday, November 18th. Credit Suisse Group increased their target price on shares of Chart Industries from $224.00 to $240.00 and gave the stock an “outperform” rating in a research report on Monday, October 31st. Benchmark increased their target price on shares of Chart Industries to $245.00 in a research report on Tuesday, November 1st. TheStreet upgraded shares of Chart Industries from a “c+” rating to a “b” rating in a research report on Friday, October 28th. Finally, BTIG Research cut their price objective on shares of Chart Industries to $200.00 in a research report on Tuesday, November 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $199.21.

Chart Industries Trading Down 0.7 %

Shares of GTLS opened at $131.67 on Thursday. The firm’s 50 day simple moving average is $189.31 and its 200 day simple moving average is $185.66. The company has a market capitalization of $4.82 billion, a P/E ratio of 71.95 and a beta of 1.48. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.23 and a quick ratio of 0.76. Chart Industries, Inc. has a 1-year low of $108.29 and a 1-year high of $242.59.

About Chart Industries

(Get Rating)

Chart Industries, Inc manufactures and sells engineered equipment for the energy and industrial gas industries worldwide. The company operates through four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing. It provides bulk and packaged gas cryogenic solutions for the storage, distribution, vaporization, and application of industrial gases; cryogenic trailers, ISO containers, bulk storage tanks, loading facilities, and regasification equipment for delivering liquefied natural gas (LNG) into virtual pipeline applications; and large vacuum insulated storage tanks as equipment for purchasers of standard liquefaction plants.

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

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