Commonwealth of Pennsylvania Public School Empls Retrmt SYS Boosts Holdings in Chart Industries, Inc. $GTLS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Chart Industries, Inc. (NYSE:GTLS) by 22.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 26,059 shares of the industrial products company’s stock after acquiring an additional 4,719 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Chart Industries were worth $5,374,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GTLS. AQR Capital Management LLC grew its holdings in Chart Industries by 39.0% in the 1st quarter. AQR Capital Management LLC now owns 26,089 shares of the industrial products company’s stock valued at $3,694,000 after buying an additional 7,314 shares during the period. California Public Employees Retirement System grew its holdings in Chart Industries by 7.8% in the 2nd quarter. California Public Employees Retirement System now owns 75,645 shares of the industrial products company’s stock valued at $12,455,000 after buying an additional 5,443 shares during the period. Sei Investments Co. grew its holdings in Chart Industries by 0.7% in the 2nd quarter. Sei Investments Co. now owns 77,117 shares of the industrial products company’s stock valued at $12,697,000 after buying an additional 540 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Chart Industries by 8.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 52,392 shares of the industrial products company’s stock valued at $8,626,000 after buying an additional 4,129 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in Chart Industries by 55.9% in the 2nd quarter. Alliancebernstein L.P. now owns 138,663 shares of the industrial products company’s stock valued at $22,831,000 after buying an additional 49,715 shares during the period.

Chart Industries Stock Up 0.2%

Shares of NYSE:GTLS opened at $208.20 on Wednesday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.21 and a current ratio of 1.53. Chart Industries, Inc. has a 1 year low of $140.50 and a 1 year high of $208.76. The stock has a market capitalization of $9.97 billion, a P/E ratio of 800.81, a PEG ratio of 1.22 and a beta of 1.53. The stock has a 50-day simple moving average of $207.53 and a 200-day simple moving average of $206.69.

Analyst Ratings Changes

Several research firms have commented on GTLS. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a report on Friday, March 27th. Zacks Research cut Chart Industries from a “hold” rating to a “strong sell” rating in a report on Monday, April 27th. Finally, Wall Street Zen cut Chart Industries from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Eleven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Chart Industries has an average rating of “Reduce” and an average price target 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.