Chart Industries, Inc. (NYSE:GTLS) Shares Purchased by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG grew its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 187.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 19,946 shares of the industrial products company’s stock after purchasing an additional 13,017 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Chart Industries were worth $3,806,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. The Manufacturers Life Insurance Company grew its position in shares of Chart Industries by 0.7% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 56,931 shares of the industrial products company’s stock valued at $7,067,000 after buying an additional 389 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Chart Industries by 41.9% during the third quarter. BNP Paribas Financial Markets now owns 25,853 shares of the industrial products company’s stock worth $3,209,000 after purchasing an additional 7,634 shares during the last quarter. Glenmede Trust Co. NA grew its holdings in shares of Chart Industries by 2.4% during the third quarter. Glenmede Trust Co. NA now owns 4,794 shares of the industrial products company’s stock worth $595,000 after purchasing an additional 114 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Chart Industries by 6.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,256 shares of the industrial products company’s stock worth $4,625,000 after purchasing an additional 2,249 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Chart Industries by 3.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 59,527 shares of the industrial products company’s stock valued at $7,390,000 after purchasing an additional 2,031 shares during the period.

Chart Industries Trading Up 1.3 %

Shares of GTLS stock opened at $146.18 on Wednesday. The business’s fifty day moving average price is $178.65 and its 200 day moving average price is $169.19. The firm has a market capitalization of $6.68 billion, a PE ratio of 42.37, a P/E/G ratio of 0.57 and a beta of 1.87. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing analysts’ consensus estimates of $3.20 by ($0.54). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the company earned $2.25 earnings per share. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Insider Buying and Selling at Chart Industries

In other news, Director Linda S. Harty purchased 500 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were acquired at an average price of $140.85 per share, for a total transaction of $70,425.00. Following the acquisition, the director now directly owns 11,684 shares in the company, valued at approximately $1,645,691.40. The trade was a 4.47 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Gerald F. Vinci acquired 175 shares of Chart Industries stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the acquisition, the vice president now owns 475 shares of the company’s stock, valued at $70,247.75. The trade was a 58.33 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 1,109 shares of company stock valued at $160,845. Corporate insiders own 0.95% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. TD Cowen boosted their price objective on Chart Industries from $205.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Citigroup increased their price target on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Morgan Stanley lowered their price objective on shares of Chart Industries from $275.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Stifel Nicolaus upped their target price on shares of Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Finally, The Goldman Sachs Group raised their price target on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $201.83.

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.