Coldstream Capital Management Inc. Sells 134 Shares of Chart Industries, Inc. (NYSE:GTLS)

Coldstream Capital Management Inc. reduced its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 5.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 2,480 shares of the industrial products company’s stock after selling 134 shares during the period. Coldstream Capital Management Inc.’s holdings in Chart Industries were worth $309,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on GTLS shares. The Goldman Sachs Group lowered their price target on Chart Industries from $168.00 to $144.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. Stifel Nicolaus increased their price target on Chart Industries from $198.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Raymond James restated a “strong-buy” rating and issued a $190.00 price objective on shares of Chart Industries in a report on Monday, December 2nd. Morgan Stanley upgraded shares of Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 target price on the stock in a report on Monday, September 16th. Finally, Bank of America reduced their price target on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, October 14th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $178.82.

Chart Industries Stock Up 0.0 %

Shares of Chart Industries stock opened at $197.87 on Monday. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $201.10. The firm’s 50 day moving average price is $157.96 and its 200-day moving average price is $142.63. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The company has a market cap of $8.47 billion, a P/E ratio of 57.35, a PEG ratio of 1.01 and a beta of 1.86.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.38). The business had revenue of $1.06 billion for the quarter, compared to analyst estimates 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 for the quarter was up 18.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.28 earnings per share. On average, sell-side analysts predict that Chart Industries, Inc. will post 9.03 EPS for the current fiscal year.

Chart Industries Company 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.