Bamco Inc. NY Has $181.76 Million Holdings in Chart Industries, Inc. (NYSE:GTLS)

Bamco Inc. NY trimmed its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 6.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 952,404 shares of the industrial products company's stock after selling 70,260 shares during the period. Bamco Inc. NY owned approximately 2.22% of Chart Industries worth $181,757,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Capital Analysts LLC acquired a new position in shares of Chart Industries in the 4th quarter valued at about $25,000. Smartleaf Asset Management LLC grew its position in Chart Industries by 129.6% during 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 in the last quarter. Fairway Wealth LLC acquired a new position in Chart Industries in the 4th quarter valued at approximately $34,000. Blue Trust Inc. lifted its position in Chart Industries by 56.0% in the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock worth $35,000 after buying an additional 65 shares in the last quarter. Finally, Spire Wealth Management boosted its stake 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 buying an additional 125 shares during the period.

Chart Industries Stock Performance

GTLS stock traded up $0.99 during mid-day trading on Friday, reaching $158.41. 335,944 shares of the stock traded hands, compared to its average volume of 740,627. The firm has a market capitalization of $7.12 billion, a PE ratio of 45.92, a P/E/G ratio of 0.57 and a beta of 1.69. The business has a 50-day moving average of $140.86 and a two-hundred day moving average of $170.01. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its earnings results on Thursday, May 1st. The industrial products company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.02. The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 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 38.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.49 EPS. As a group, equities analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

GTLS has been the subject of several recent research reports. Morgan Stanley cut their price objective on Chart Industries from $275.00 to $250.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Stifel Nicolaus lowered their price target on Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Citigroup increased their price objective on Chart Industries from $190.00 to $225.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. TD Cowen reduced their target price on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Finally, Barclays raised their price target on shares of Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a report on Monday. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $201.64.

Insider Buying and Selling at Chart Industries

In related news, VP Gerald F. Vinci acquired 175 shares of the business's stock in a transaction dated Wednesday, March 12th. The stock was acquired 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 owns 475 shares of the company's stock, valued at approximately $70,247.75. This represents a 58.33 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Linda S. Harty bought 500 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were purchased at an average cost of $140.85 per share, for a total transaction of $70,425.00. Following the completion of the transaction, the director now owns 11,684 shares of the company's stock, valued at $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 purchased a total of 1,109 shares of company stock valued at $160,845 in the last ninety days. Company insiders own 0.99% of the company's stock.

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.