Woodmont Investment Counsel LLC Has $5.02 Million Holdings in Chart Industries, Inc. (NYSE:GTLS)

Woodmont Investment Counsel LLC cut its position in Chart Industries, Inc. (NYSE:GTLS) by 5.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,292 shares of the industrial products company’s stock after selling 1,490 shares during the period. Woodmont Investment Counsel LLC owned 0.06% of Chart Industries worth $5,018,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in shares of Chart Industries by 129.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 92 shares during the last quarter. Fairway Wealth LLC bought a new position in shares of Chart Industries in the fourth quarter worth about $34,000. Blue Trust Inc. raised its stake in shares of Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 65 shares during the last quarter. Spire Wealth Management raised its stake in shares of Chart Industries by 183.8% in the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 125 shares during the last quarter. Finally, Lindbrook Capital LLC raised its stake in shares of Chart Industries by 43.4% in the fourth quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 69 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. TD Cowen boosted their target price on shares of Chart Industries from $205.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Raymond James reissued a “strong-buy” rating and set a $190.00 price target on shares of Chart Industries in a research note on Monday, December 2nd. Wells Fargo & Company dropped their price target on shares of Chart Industries from $215.00 to $214.00 and set an “overweight” rating for the company in a research note on Monday, March 3rd. BTIG Research boosted their price target on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Finally, Citigroup boosted 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. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Chart Industries has a consensus rating of “Moderate Buy” and a consensus target price of $196.08.

Insider Transactions at Chart Industries

In related news, VP Gerald F. Vinci acquired 175 shares of the stock in a transaction dated Wednesday, March 12th. The stock was bought at an average price of $147.89 per share, with a total value of $25,880.75. Following the completion of the transaction, the vice president now directly owns 475 shares of the company’s stock, valued at approximately $70,247.75. The trade was a 58.33 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jillian C. Evanko acquired 350 shares of the stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of $150.35 per share, with a total value of $52,622.50. Following the transaction, the chief executive officer now directly owns 137,666 shares of the company’s stock, valued at $20,698,083.10. This represents a 0.25 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 1,109 shares of company stock valued at $160,845 over the last quarter. Corporate insiders own 0.95% of the company’s stock.

Chart Industries Trading Down 0.0 %

GTLS opened at $155.34 on Monday. The firm’s fifty day moving average is $186.85 and its two-hundred day moving average is $167.12. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The firm has a market cap of $7.10 billion, a PE ratio of 45.03, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03.

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

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.