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

Quantinno Capital Management LP boosted its position in Chart Industries, Inc. (NYSE:GTLS) by 54.1% during the first quarter, according to its most recent disclosure 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 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Torren Management LLC acquired a new position in shares of Chart Industries during the 4th quarter worth $30,000. Los Angeles Capital Management LLC bought a new position in Chart Industries in the fourth quarter valued at about $40,000. MCF Advisors LLC acquired a new position in Chart Industries during the fourth quarter worth about $41,000. Smartleaf Asset Management LLC lifted its holdings in shares of Chart Industries by 44.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 223 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 69 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake 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 valued at $53,000 after purchasing an additional 100 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms recently issued reports on GTLS. Zacks Research cut shares of Chart Industries from a “hold” rating to a “strong sell” rating in a research report on Monday, April 27th. 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. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Chart Industries in a report on Wednesday, June 24th. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $210.00.

Chart Industries Price Performance

Shares of NYSE GTLS opened at $209.90 on Thursday. The company has a 50 day simple moving average of $208.96 and a 200 day simple moving average of $207.94. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.53 and a quick ratio of 1.21. Chart Industries, Inc. has a 1 year low of $163.23 and a 1 year high of $209.96. The firm has a market cap of $10.05 billion, a PE ratio of -201.82, a price-to-earnings-growth 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.