1,148 Shares in Chart Industries, Inc. (NYSE:GTLS) Purchased by Michael S. Ryan Inc.

Michael S. Ryan Inc. acquired a new position in shares of Chart Industries, Inc. (NYSE:GTLS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,148 shares of the industrial products company’s stock, valued at approximately $219,000.

Several other large investors have also recently added to or reduced their stakes in the company. King Luther Capital Management Corp grew its position in Chart Industries by 2.9% during the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock worth $128,100,000 after acquiring an additional 29,139 shares during the last quarter. Geode Capital Management LLC boosted its stake in Chart Industries by 2.0% in the third quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company’s stock worth $123,318,000 after purchasing an additional 19,534 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Chart Industries by 4.2% during the third quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company’s stock worth $99,673,000 after purchasing an additional 32,442 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Chart Industries by 2.3% in the third quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock valued at $73,551,000 after buying an additional 13,181 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Chart Industries by 90.9% during the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company’s stock worth $68,461,000 after buying an additional 262,592 shares in the last quarter.

Analyst Ratings Changes

GTLS has been the subject of several research reports. Stifel Nicolaus raised their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Bank of America dropped their price objective on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Barclays decreased their price objective on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Monday, November 4th. Craig Hallum boosted their target price on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Raymond James reiterated a “strong-buy” rating and issued a $190.00 price target on shares of Chart Industries in a report on Monday, December 2nd. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $188.75.

Chart Industries Trading Up 0.8 %

Chart Industries stock traded up $1.69 during midday trading on Wednesday, hitting $201.66. 829,676 shares of the stock were exchanged, compared to its average volume of 825,075. The stock has a market capitalization of $8.63 billion, a PE ratio of 58.45, a P/E/G ratio of 1.01 and a beta of 1.84. The company has a fifty day simple moving average of $181.04 and a two-hundred day simple moving average of $148.26. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $210.66.

Chart Industries (NYSE:GTLS) last posted its earnings results on Friday, November 1st. The industrial products company reported $2.18 earnings per share for the quarter, missing the consensus estimate of $2.56 by ($0.38). The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.10 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The business’s revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.28 earnings per share. Equities research analysts anticipate that Chart Industries, Inc. will post 9.03 EPS for the current fiscal year.

Chart Industries Profile

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.