Lifestyle Asset Management Inc. Sells 168 Shares of Chart Industries, Inc. (NYSE:GTLS)

Lifestyle Asset Management Inc. reduced its position in Chart Industries, Inc. (NYSE:GTLS) by 7.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,099 shares of the industrial products company’s stock after selling 168 shares during the period. Lifestyle Asset Management Inc.’s holdings in Chart Industries were worth $401,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new position in Chart Industries during the 3rd quarter valued at $34,000. UMB Bank n.a. lifted its stake in Chart Industries by 418.0% during the 3rd quarter. UMB Bank n.a. now owns 316 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 255 shares in the last quarter. Ecofi Investissements SA bought a new position in Chart Industries during the 2nd quarter valued at $50,000. GAMMA Investing LLC lifted its stake in Chart Industries by 74.0% during the 4th quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock valued at $111,000 after acquiring an additional 247 shares in the last quarter. Finally, Mendota Financial Group LLC lifted its stake in Chart Industries by 46.2% during the 3rd quarter. Mendota Financial Group LLC now owns 642 shares of the industrial products company’s stock valued at $80,000 after acquiring an additional 203 shares in the last quarter.

Chart Industries Trading Up 0.8 %

Shares of GTLS opened at $215.96 on Friday. The business has a 50-day moving average of $194.40 and a 200 day moving average of $153.66. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03. The firm has a market cap of $9.25 billion, a P/E ratio of 62.60, a price-to-earnings-growth ratio of 0.65 and a beta of 1.84. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data 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 firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company’s revenue was up 18.3% compared to the same quarter last year. During the same period last year, the business posted $1.28 EPS. As a group, research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on GTLS. Bank of America dropped their price objective on Chart Industries from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. Barclays decreased their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Craig Hallum raised their target price on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Stifel Nicolaus raised their target price on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Finally, The Goldman Sachs Group raised their target price on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $188.75.

About Chart Industries

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.