2,017 Shares in Chart Industries, Inc. (NYSE:GTLS) Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC purchased a new stake in Chart Industries, Inc. (NYSE:GTLS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,017 shares of the industrial products company’s stock, valued at approximately $385,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC boosted 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 buying an additional 92 shares during the last quarter. Fairway Wealth LLC purchased a new stake in Chart Industries in the 4th quarter worth approximately $34,000. Blue Trust Inc. grew its stake in shares of Chart Industries by 56.0% during the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $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% during the 4th 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 in the last quarter. Finally, Lindbrook Capital LLC lifted its stake in shares of Chart Industries by 43.4% in the 4th 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.

Analyst Ratings Changes

Several analysts recently commented on the stock. Barclays dropped their price target on shares of Chart Industries from $165.00 to $160.00 and set an “equal weight” rating on the stock in a research report on Thursday. Wells Fargo & Company cut their price target on Chart Industries from $214.00 to $208.00 and set an “overweight” rating for the company in a research note on Tuesday, April 1st. Morgan Stanley lowered their price target on Chart Industries from $275.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Citigroup boosted their price objective on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group increased 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 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 an average rating of “Moderate Buy” and a consensus target price of $201.42.

Chart Industries Stock Performance

NYSE:GTLS opened at $124.96 on Friday. The company has a market cap of $5.71 billion, a P/E ratio of 36.22, a P/E/G ratio of 0.57 and a beta of 1.68. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03. The company’s 50-day moving average price is $161.53 and its 200-day moving average price is $168.72. 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 (NYSE:GTLS) last released its earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing analysts’ consensus estimates of $3.20 by ($0.54). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period last year, the business earned $2.25 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, sell-side analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Jillian C. Evanko acquired 350 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was purchased 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 owns 137,666 shares in the company, valued at approximately $20,698,083.10. This trade represents a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Linda S. Harty bought 500 shares of the firm’s stock in a transaction on Monday, March 10th. The stock was purchased at an average price of $140.85 per share, for a total transaction of $70,425.00. Following the completion of the acquisition, the director now directly owns 11,684 shares in the company, valued at $1,645,691.40. The trade was a 4.47 % 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 in the last three months. 0.95% of the stock is currently owned by insiders.

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.