Quantinno Capital Management LP Has $1.69 Million Stock Holdings in Chart Industries, Inc. $GTLS

Quantinno Capital Management LP lifted its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 54.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,193 shares of the industrial products company’s stock after acquiring an additional 2,878 shares during the quarter. Quantinno Capital Management LP’s holdings in Chart Industries were worth $1,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Torren Management LLC bought a new stake in Chart Industries in the fourth quarter valued at approximately $30,000. Los Angeles Capital Management LLC bought a new position in Chart Industries during the 4th quarter worth approximately $40,000. MCF Advisors LLC bought a new position in Chart Industries during the 4th quarter worth approximately $41,000. Smartleaf Asset Management LLC lifted its position in shares of Chart Industries by 44.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 223 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 69 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of Chart Industries by 44.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 323 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 100 shares during the period.

Wall Street Analysts Forecast Growth

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

Chart Industries Stock Performance

Shares of GTLS stock opened at $209.90 on Thursday. Chart Industries, Inc. has a fifty-two week low of $163.23 and a fifty-two week high of $209.96. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.21 and a current ratio of 1.53. The stock has a 50 day simple moving average of $208.96 and a two-hundred day simple moving average of $207.94. The company has a market cap of $10.05 billion, a P/E ratio of -201.82, a PEG ratio of 1.24 and a beta of 1.53.

Chart Industries 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.