Chart Industries, Inc. $GTLS Shares Bought by CenterBook Partners LP

CenterBook Partners LP raised its position in Chart Industries, Inc. (NYSE:GTLS) by 102.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,989 shares of the industrial products company’s stock after buying an additional 4,046 shares during the quarter. CenterBook Partners LP’s holdings in Chart Industries were worth $1,599,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. PACK Private Wealth LLC purchased a new stake in shares of Chart Industries in the third quarter valued at about $2,342,000. Atlantic Investment Management Inc. lifted its position in Chart Industries by 33.7% in the second quarter. Atlantic Investment Management Inc. now owns 274,699 shares of the industrial products company’s stock valued at $45,229,000 after purchasing an additional 69,300 shares during the period. D.A. Davidson & CO. purchased a new stake in Chart Industries in the 2nd quarter valued at approximately $294,000. Ethic Inc. increased its position in Chart Industries by 3.8% during the 2nd quarter. Ethic Inc. now owns 2,812 shares of the industrial products company’s stock worth $472,000 after purchasing an additional 103 shares during the period. Finally, New York Life Investment Management LLC increased its position in Chart Industries by 881.1% during the 3rd quarter. New York Life Investment Management LLC now owns 46,858 shares of the industrial products company’s stock worth $9,379,000 after purchasing an additional 42,082 shares during the period.

Chart Industries Stock Performance

NYSE:GTLS opened at $207.05 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $9.31 billion, a P/E ratio of 252.50, a price-to-earnings-growth ratio of 0.79 and a beta of 1.75. The firm has a 50-day moving average price of $206.75 and a two-hundred day moving average price of $202.74. Chart Industries, Inc. has a twelve month low of $104.60 and a twelve month high of $208.24.

Wall Street Analyst Weigh In

GTLS has been the topic of a number of analyst reports. Zacks Research upgraded Chart Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. boosted their target price on shares of Chart Industries from $194.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Chart Industries in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $204.10.

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.