Janus Henderson Group PLC Boosts Stake in Chart Industries, Inc. $GTLS

Janus Henderson Group PLC boosted its stake in Chart Industries, Inc. (NYSE:GTLS) by 4.4% in the 1st quarter, Holdings Channel reports. The firm owned 58,920 shares of the industrial products company’s stock after purchasing an additional 2,500 shares during the period. Janus Henderson Group PLC’s holdings in Chart Industries were worth $12,182,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GTLS. Oddo BHF Asset Management Sas grew its stake in shares of Chart Industries by 1,839.6% in the first quarter. Oddo BHF Asset Management Sas now owns 95,000 shares of the industrial products company’s stock valued at $19,641,000 after buying an additional 90,102 shares in the last quarter. Amundi lifted its stake in Chart Industries by 88.9% during the 1st quarter. Amundi now owns 4,387 shares of the industrial products company’s stock worth $907,000 after acquiring an additional 2,065 shares in the last quarter. California State Teachers Retirement System boosted its holdings in Chart Industries by 23.7% during the 1st quarter. California State Teachers Retirement System now owns 52,806 shares of the industrial products company’s stock valued at $10,918,000 after acquiring an additional 10,101 shares during the period. Infrastructure Capital Advisors LLC boosted its holdings 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 valued at $15,135,000 after acquiring an additional 6,615 shares during the period. Finally, Quantinno Capital Management LP grew its position in Chart Industries by 54.1% in the 1st quarter. Quantinno Capital Management LP now owns 8,193 shares of the industrial products company’s stock valued at $1,694,000 after acquiring an additional 2,878 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on GTLS shares. Zacks Research lowered 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 shares of Chart Industries from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Chart Industries in a research note on Wednesday, June 24th. Two analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Chart Industries presently has an average rating of “Reduce” and an average target price of $210.00.

Chart Industries Price Performance

GTLS stock opened at $209.90 on Wednesday. The company’s 50 day moving average price is $208.70 and its 200 day moving average price is $207.83. The firm has a market capitalization of $10.05 billion, a price-to-earnings ratio of -201.82, a PEG ratio of 1.24 and a beta of 1.53. 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.

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.