WINTON GROUP Ltd Acquires New Position in Chart Industries, Inc. (GTLS)

WINTON GROUP Ltd acquired a new stake in Chart Industries, Inc. (NASDAQ:GTLS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 164,719 shares of the industrial products company’s stock, valued at approximately $12,902,000. WINTON GROUP Ltd owned 0.53% of Chart Industries as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in GTLS. Cortina Asset Management LLC raised its stake in Chart Industries by 338.2% in the second quarter. Cortina Asset Management LLC now owns 392,210 shares of the industrial products company’s stock valued at $24,192,000 after buying an additional 302,714 shares during the period. BlackRock Inc. raised its stake in Chart Industries by 7.2% in the second quarter. BlackRock Inc. now owns 4,217,127 shares of the industrial products company’s stock valued at $260,113,000 after buying an additional 281,737 shares during the period. Columbus Circle Investors raised its stake in Chart Industries by 118.3% in the third quarter. Columbus Circle Investors now owns 438,561 shares of the industrial products company’s stock valued at $34,352,000 after buying an additional 237,653 shares during the period. Granahan Investment Management Inc. MA bought a new stake in Chart Industries in the second quarter valued at approximately $13,316,000. Finally, Millennium Management LLC raised its stake in Chart Industries by 754.2% in the second quarter. Millennium Management LLC now owns 185,826 shares of the industrial products company’s stock valued at $11,462,000 after buying an additional 164,072 shares during the period. Hedge funds and other institutional investors own 99.06% of the company’s stock.

GTLS has been the topic of several research analyst reports. BidaskClub upgraded Chart Industries from a “hold” rating to a “buy” rating in a research note on Friday, July 20th. Northcoast Research restated a “buy” rating and issued a $91.00 price objective on shares of Chart Industries in a research note on Friday, July 20th. Finally, Zacks Investment Research lowered Chart Industries from a “buy” rating to a “hold” rating in a research note on Thursday, October 4th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $75.20.

Shares of NASDAQ GTLS opened at $71.31 on Friday. The company has a market cap of $2.23 billion, a PE ratio of 74.28, a PEG ratio of 1.22 and a beta of 1.24. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.53 and a current ratio of 2.13. Chart Industries, Inc. has a 1-year low of $42.39 and a 1-year high of $80.31.

Chart Industries (NASDAQ:GTLS) last announced its earnings results on Thursday, October 18th. The industrial products company reported $0.74 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.19. The company had revenue of $272.20 million for the quarter, compared to analyst estimates of $314.52 million. Chart Industries had a return on equity of 8.31% and a net margin of 5.69%. The firm’s quarterly revenue was up 34.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.22 earnings per share. Equities research analysts predict that Chart Industries, Inc. will post 2.03 earnings per share for the current year.

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Chart Industries Profile

Chart Industries, Inc manufactures and sells engineered equipment, packaged solutions, and value-add services for the industrial gas, energy, and biomedical industries worldwide. It operates in three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S), and BioMedical. The E&C segment primarily provides brazed aluminum heat exchangers, Core-in-Kettle heat exchangers, air cooled heat exchangers, cold boxes, and process systems, as well as axial cooling fans for power, heating, ventilation, air conditioning, and refining end user applications.

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Institutional Ownership by Quarter for Chart Industries (NASDAQ:GTLS)

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