Brevan Howard Capital Management LP Buys 2,814 Shares of Chart Industries, Inc. (NYSE:GTLS)

Brevan Howard Capital Management LP boosted its stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 17.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,393 shares of the industrial products company's stock after acquiring an additional 2,814 shares during the period. Brevan Howard Capital Management LP's holdings in Chart Industries were worth $3,701,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in GTLS. Archford Capital Strategies LLC lifted its position in shares of Chart Industries by 2.2% in the 4th quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company's stock worth $433,000 after purchasing an additional 48 shares during the period. Assetmark Inc. lifted its holdings in Chart Industries by 3.0% in the fourth quarter. Assetmark Inc. now owns 2,185 shares of the industrial products company's stock worth $417,000 after buying an additional 64 shares during the period. Blue Trust Inc. boosted its position in Chart Industries by 56.0% during the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock valued at $35,000 after acquiring an additional 65 shares in the last quarter. Lindbrook Capital LLC boosted its position in Chart Industries by 43.4% during the 4th quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock valued at $44,000 after acquiring an additional 69 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Chart Industries by 129.6% during the 4th 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 period.

Chart Industries Stock Up 1.0 %

Shares of NYSE:GTLS traded up $1.65 during trading on Friday, reaching $159.07. 483,258 shares of the stock traded hands, compared to its average volume of 710,293. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. The stock has a market cap of $7.15 billion, a P/E ratio of 46.11, a price-to-earnings-growth ratio of 0.57 and a beta of 1.69. The stock has a 50-day moving average of $140.70 and a two-hundred day moving average of $170.26. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its earnings results on Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.84 by $0.02. The business had revenue of $1 billion during the quarter, compared to analyst estimates of $1.02 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company's quarterly revenue was up 38.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.49 EPS. As a group, sell-side analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Citigroup lifted their price target on Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. The Goldman Sachs Group dropped their target price on shares of Chart Industries from $197.00 to $173.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Barclays increased their price target on shares of Chart Industries from $160.00 to $171.00 and gave the stock an "equal weight" rating in a research note on Monday. TD Cowen dropped their price objective on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Finally, Morgan Stanley cut their price objective on shares of Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Chart Industries presently has a consensus rating of "Buy" and a consensus target price of $201.64.

Insider Buying and Selling at Chart Industries

In other news, CEO Jillian C. Evanko acquired 350 shares of Chart Industries stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average price 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 $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Linda S. Harty bought 500 shares of the stock in a transaction on Monday, March 10th. The stock was purchased at an average cost of $140.85 per share, for a total transaction of $70,425.00. Following the acquisition, the director now owns 11,684 shares of the company's stock, valued at $1,645,691.40. This trade represents a 4.47 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 1,109 shares of company stock worth $160,845. Company insiders own 0.99% of the company's stock.

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.