Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC lowered its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 577,919 shares of the industrial products company’s stock after selling 14,567 shares during the quarter. Fisher Asset Management LLC owned 1.35% of Chart Industries worth $110,290,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Flputnam Investment Management Co. lifted its stake in shares of Chart Industries by 0.6% in the 4th quarter. Flputnam Investment Management Co. now owns 17,206 shares of the industrial products company’s stock worth $3,283,000 after acquiring an additional 108 shares during the period. GW&K Investment Management LLC lifted its stake in shares of Chart Industries by 1.5% in the fourth quarter. GW&K Investment Management LLC now owns 516,658 shares of the industrial products company’s stock valued at $98,599,000 after purchasing an additional 7,669 shares during the period. Verus Capital Partners LLC acquired a new stake in shares of Chart Industries in the fourth quarter valued at about $234,000. Versor Investments LP lifted its stake in shares of Chart Industries by 68.1% in the fourth quarter. Versor Investments LP now owns 2,798 shares of the industrial products company’s stock valued at $534,000 after purchasing an additional 1,134 shares during the period. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Chart Industries in the fourth quarter valued at about $4,298,000.

Analyst Ratings Changes

A number of equities analysts have issued reports on GTLS shares. Stifel Nicolaus lifted their target price on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Citigroup lifted their target price on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Barclays lowered their price target on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. Craig Hallum lifted their price target on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, The Goldman Sachs Group boosted their target price on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $191.54.

Chart Industries Price Performance

GTLS stock opened at $190.58 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The firm has a market capitalization of $8.16 billion, a PE ratio of 55.24, a P/E/G ratio of 0.57 and a beta of 1.84. The firm has a 50-day moving average of $199.68 and a two-hundred day moving average of $163.29.

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