Interval Partners LP purchased a new stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,931 shares of the industrial products company's stock, valued at approximately $750,000.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Archford Capital Strategies LLC lifted its stake in shares of Chart Industries by 2.2% during the fourth quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company's stock valued at $433,000 after buying an additional 48 shares during the period. First Manhattan CO. LLC. lifted its stake in shares of Chart Industries by 3.1% during the fourth quarter. First Manhattan CO. LLC. now owns 1,779 shares of the industrial products company's stock valued at $340,000 after buying an additional 54 shares during the period. Assetmark Inc. lifted its stake in shares of Chart Industries by 3.0% during the fourth quarter. Assetmark Inc. now owns 2,185 shares of the industrial products company's stock valued at $417,000 after buying an additional 64 shares during the period. Blue Trust Inc. lifted its stake in shares of Chart Industries by 56.0% during the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock valued at $35,000 after buying an additional 65 shares during the period. Finally, Lindbrook Capital LLC lifted its stake in shares of Chart Industries by 43.4% during the fourth quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock valued at $44,000 after buying an additional 69 shares during the period.
Chart Industries Stock Up 0.8%
NYSE:GTLS traded up $1.31 during mid-day trading on Friday, hitting $171.66. The company had a trading volume of 367,596 shares, compared to its average volume of 708,505. The business has a fifty day simple moving average of $142.95 and a 200-day simple moving average of $172.67. 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 1 year low of $101.60 and a 1 year high of $220.03. The firm has a market capitalization of $7.84 billion, a price-to-earnings ratio of 49.76, a PEG ratio of 0.57 and a beta of 1.69.
Chart Industries (NYSE:GTLS - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.84 by $0.02. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period last year, the company posted $1.49 earnings per share. The firm's revenue was up 38.8% compared to the same quarter last year. Equities analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a report on Tuesday, April 1st. The Goldman Sachs Group cut their target price on Chart Industries from $197.00 to $173.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. Morgan Stanley cut their target price on Chart Industries from $250.00 to $225.00 and set an "overweight" rating on the stock in a research report on Friday. Stifel Nicolaus cut their target price on Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Finally, Barclays increased their target price on Chart Industries from $160.00 to $171.00 and gave the stock an "equal weight" rating in a research report on Monday, May 5th. Two 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 company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $199.36.
Get Our Latest Stock Analysis on Chart Industries
Insider Buying and Selling at Chart Industries
In other Chart Industries news, VP Gerald F. Vinci bought 175 shares of the stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of $147.89 per share, for a total transaction of $25,880.75. Following the completion of the purchase, 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Linda S. Harty bought 500 shares of the stock in a transaction dated Monday, March 10th. The shares were acquired at an average price of $140.85 per share, with a total value of $70,425.00. Following the completion of the purchase, the director now directly owns 11,684 shares of the company's stock, valued at approximately $1,645,691.40. This represents a 4.47% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 1,109 shares of company stock valued at $160,845 over the last three months. 0.99% of the stock is owned by company insiders.
Chart Industries Company Profile
(
Free Report)
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.
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