Capricorn Fund Managers Ltd Grows Holdings in Chart Industries, Inc. $GTLS

Capricorn Fund Managers Ltd grew its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 70.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 56,989 shares of the industrial products company’s stock after buying an additional 23,606 shares during the quarter. Chart Industries accounts for 1.8% of Capricorn Fund Managers Ltd’s holdings, making the stock its 17th biggest position. Capricorn Fund Managers Ltd’s holdings in Chart Industries were worth $11,782,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GTLS. Millennium Management LLC grew its holdings in shares of Chart Industries by 94.9% in the fourth quarter. Millennium Management LLC now owns 1,586,588 shares of the industrial products company’s stock valued at $327,202,000 after acquiring an additional 772,723 shares in the last quarter. FIL Ltd lifted its holdings in Chart Industries by 7.2% during the fourth quarter. FIL Ltd now owns 1,315,500 shares of the industrial products company’s stock worth $271,296,000 after acquiring an additional 88,000 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Chart Industries by 0.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,216,271 shares of the industrial products company’s stock worth $243,433,000 after acquiring an additional 8,697 shares during the period. UBS Group AG boosted its position in Chart Industries by 76.9% in the fourth quarter. UBS Group AG now owns 1,180,965 shares of the industrial products company’s stock worth $243,550,000 after purchasing an additional 513,195 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Chart Industries by 62.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,155,240 shares of the industrial products company’s stock worth $238,245,000 after purchasing an additional 442,650 shares during the last quarter.

Chart Industries Trading Up 0.0%

NYSE:GTLS opened at $208.96 on Wednesday. Chart Industries, Inc. has a 12 month low of $160.41 and a 12 month high of $209.13. The company has a current ratio of 1.53, a quick ratio of 1.21 and a debt-to-equity ratio of 1.15. The firm’s 50 day moving average is $207.71 and its 200 day moving average is $207.22. The stock has a market capitalization of $10.00 billion, a PE ratio of 803.70, a price-to-earnings-growth ratio of 1.23 and a beta of 1.53.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on GTLS shares. 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 shares of Chart Industries from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research report on Wednesday, June 24th. Eleven investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $201.80.

About Chart Industries

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.