Caxton Associates LLP Has $40.14 Million Holdings in Chart Industries, Inc. $GTLS

Caxton Associates LLP lifted its position in Chart Industries, Inc. (NYSE:GTLS) by 723.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 194,130 shares of the industrial products company’s stock after acquiring an additional 170,563 shares during the period. Chart Industries makes up about 0.9% of Caxton Associates LLP’s investment portfolio, making the stock its 22nd largest position. Caxton Associates LLP’s holdings in Chart Industries were worth $40,136,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in GTLS. Norges Bank bought a new stake in Chart Industries during the fourth quarter worth $237,827,000. Balyasny Asset Management L.P. grew its position in shares of Chart Industries by 2,251.3% in the 3rd quarter. Balyasny Asset Management L.P. now owns 1,018,831 shares of the industrial products company’s stock valued at $203,919,000 after acquiring an additional 975,501 shares during the period. Millennium Management LLC increased its stake in shares of Chart Industries by 94.9% during the 4th quarter. Millennium Management LLC now owns 1,586,588 shares of the industrial products company’s stock worth $327,202,000 after purchasing an additional 772,723 shares during the last quarter. UBS Group AG increased its stake in shares of Chart Industries by 76.9% during the 4th quarter. UBS Group AG now owns 1,180,965 shares of the industrial products company’s stock worth $243,550,000 after purchasing an additional 513,195 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Chart Industries during the 3rd quarter worth about $92,938,000.

Analysts Set New Price Targets

GTLS has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Chart Industries from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of Chart Industries in a research report on Wednesday, June 24th. Finally, Zacks Research lowered Chart Industries from a “hold” rating to a “strong sell” rating in a research note on Monday, April 27th. Ten equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Chart Industries presently has an average rating of “Reduce” and an average target price of $210.00.

Chart Industries Stock Performance

GTLS stock opened at $209.90 on Friday. Chart Industries, Inc. has a one year low of $163.23 and a one year high of $209.96. The stock has a market cap of $10.05 billion, a price-to-earnings ratio of -201.82, a price-to-earnings-growth ratio of 1.24 and a beta of 1.53. The company has a fifty day moving average price of $208.33 and a two-hundred day moving average price of $207.65. 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 Company 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.