Oddo BHF Asset Management Sas Boosts Stock Position in Chart Industries, Inc. $GTLS

Oddo BHF Asset Management Sas grew its position in Chart Industries, Inc. (NYSE:GTLS) by 1,839.6% during the first quarter, Holdings Channel reports. The firm owned 95,000 shares of the industrial products company’s stock after acquiring an additional 90,102 shares during the period. Oddo BHF Asset Management Sas’ holdings in Chart Industries were worth $19,641,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of GTLS. Amundi boosted its position in Chart Industries by 88.9% in the first quarter. Amundi now owns 4,387 shares of the industrial products company’s stock valued at $907,000 after buying an additional 2,065 shares during the last quarter. California State Teachers Retirement System increased its holdings in Chart Industries by 23.7% in the 1st quarter. California State Teachers Retirement System now owns 52,806 shares of the industrial products company’s stock worth $10,918,000 after buying an additional 10,101 shares during the period. Infrastructure Capital Advisors LLC raised its position in Chart Industries by 9.9% during the 1st quarter. Infrastructure Capital Advisors LLC now owns 73,205 shares of the industrial products company’s stock worth $15,135,000 after buying an additional 6,615 shares during the last quarter. Quantinno Capital Management LP raised its position in Chart Industries by 54.1% during the 1st quarter. Quantinno Capital Management LP now owns 8,193 shares of the industrial products company’s stock worth $1,694,000 after buying an additional 2,878 shares during the last quarter. Finally, Whitebox Advisors LLC lifted its stake in Chart Industries by 35.5% during the 1st quarter. Whitebox Advisors LLC now owns 758,887 shares of the industrial products company’s stock valued at $156,900,000 after acquiring an additional 198,886 shares during the period.

Chart Industries Price Performance

Shares of GTLS stock opened at $209.90 on Thursday. The stock has a 50 day moving average of $208.55 and a 200 day moving average of $207.74. 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 stock has a market cap of $10.05 billion, a P/E ratio of -201.82, a P/E/G ratio of 1.24 and a beta of 1.53. Chart Industries, Inc. has a twelve month low of $163.23 and a twelve month high of $209.96.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Zacks Research downgraded shares of Chart Industries from a “hold” rating to a “strong sell” rating in a report on Monday, April 27th. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research report on Wednesday, June 24th. Finally, Wall Street Zen raised shares of Chart Industries from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Three analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Chart Industries has an average rating of “Reduce” and an average target price of $210.00.

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.