Oddo BHF Asset Management Sas Buys 90,102 Shares of Chart Industries, Inc. $GTLS

Oddo BHF Asset Management Sas raised its stake in Chart Industries, Inc. (NYSE:GTLS) by 1,839.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 95,000 shares of the industrial products company’s stock after purchasing an additional 90,102 shares during the period. Oddo BHF Asset Management Sas owned 0.20% of Chart Industries worth $19,641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in GTLS. Torren Management LLC purchased a new stake in shares of Chart Industries during the fourth quarter valued at about $30,000. MCF Advisors LLC purchased a new position in shares of Chart Industries in the 4th quarter worth approximately $41,000. Los Angeles Capital Management LLC bought a new position in shares of Chart Industries during the 4th quarter worth approximately $40,000. Smartleaf Asset Management LLC raised its stake in shares of Chart Industries by 44.8% during the 4th 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 in the last quarter. Finally, Clearstead Advisors LLC lifted its position in Chart Industries by 35.7% during the fourth quarter. Clearstead Advisors LLC now owns 312 shares of the industrial products company’s stock valued at $64,000 after acquiring an additional 82 shares during the last quarter.

Wall Street Analyst Weigh In

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

Chart Industries Stock Performance

Shares of Chart Industries stock opened at $209.90 on Thursday. The firm has a market capitalization of $10.05 billion, a P/E ratio of -201.82, a PEG ratio of 1.24 and a beta of 1.53. The company has a quick ratio of 1.21, a current ratio of 1.53 and a debt-to-equity ratio of 1.15. The company has a 50 day moving average price of $208.55 and a 200 day moving average price of $207.74. Chart Industries, Inc. has a 52 week low of $163.23 and a 52 week high of $209.96.

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.