Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Candriam S.C.A.

Candriam S.C.A. decreased its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 56.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,191 shares of the industrial products company’s stock after selling 31,833 shares during the period. Candriam S.C.A. owned 0.06% of Chart Industries worth $4,617,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in GTLS. Smartleaf Asset Management LLC increased its holdings 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 valued at $31,000 after purchasing an additional 92 shares during the period. Blue Trust Inc. increased its holdings 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 valued at $35,000 after purchasing an additional 65 shares during the period. Spire Wealth Management increased its holdings 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 valued at $37,000 after purchasing an additional 125 shares during the period. Lindbrook Capital LLC increased its holdings 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 valued at $44,000 after purchasing an additional 69 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Chart Industries in the third quarter valued at approximately $34,000.

Chart Industries Stock Up 4.0 %

GTLS opened at $149.89 on Friday. The business’s fifty day moving average is $196.25 and its two-hundred day moving average is $164.79. 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 company has a market cap of $6.85 billion, a price-to-earnings ratio of 43.45, a PEG ratio of 0.57 and a beta of 1.87. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03.

Chart Industries (NYSE:GTLS) last posted its earnings results on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing analysts’ consensus estimates of $3.20 by ($0.54). The firm had revenue of $1.11 billion for 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%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.25 earnings per share. Analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Insider Activity

In related news, CEO Jillian C. Evanko acquired 350 shares of Chart Industries stock in a transaction dated Thursday, March 6th. The shares were acquired at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the transaction, the chief executive officer now directly owns 137,666 shares of the company’s stock, valued at $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.95% of the company’s stock.

Wall Street Analyst Weigh In

GTLS has been the topic of a number of recent research reports. Stifel Nicolaus boosted their target price on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Citigroup boosted their target price on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Barclays lifted their price target on Chart Industries from $145.00 to $165.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 4th. Raymond James restated a “strong-buy” rating and issued a $190.00 price target on shares of Chart Industries in a research note on Monday, December 2nd. Finally, BTIG Research lifted their price target on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $194.08.

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.