Chart Industries, Inc. (NYSE:GTLS) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,608,883 shares of the industrial products company's stock after buying an additional 35,004 shares during the period. Janus Henderson Group PLC owned approximately 3.76% of Chart Industries worth $307,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GTLS. Vanguard Group Inc. raised its holdings in shares of Chart Industries by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 4,297,398 shares of the industrial products company's stock worth $820,115,000 after buying an additional 59,889 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Chart Industries by 37.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,064,637 shares of the industrial products company's stock valued at $203,178,000 after acquiring an additional 291,520 shares during the period. Northern Trust Corp raised its stake in Chart Industries by 23.4% in the 4th quarter. Northern Trust Corp now owns 639,548 shares of the industrial products company's stock worth $122,051,000 after acquiring an additional 121,259 shares during the last quarter. Wolf Hill Capital Management LP acquired a new stake in Chart Industries during the 4th quarter worth about $101,121,000. Finally, Charles Schwab Investment Management Inc. grew its stake in Chart Industries by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 518,085 shares of the industrial products company's stock valued at $98,871,000 after purchasing an additional 16,197 shares during the last quarter.

Chart Industries Stock Performance

Shares of GTLS stock traded down $5.41 during trading hours on Thursday, hitting $170.09. The stock had a trading volume of 468,107 shares, compared to its average volume of 707,725. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The firm has a market capitalization of $7.77 billion, a PE ratio of 49.30, a PEG ratio of 0.57 and a beta of 1.69. The stock's 50 day moving average is $141.92 and its 200 day moving average is $171.32. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. Chart Industries's quarterly revenue was up 38.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 EPS. As a group, research analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Insider Activity at Chart Industries

In other news, CEO Jillian C. Evanko bought 350 shares of the stock in a transaction on Thursday, March 6th. The stock was purchased at an average cost of $150.35 per share, with a total value of $52,622.50. Following the purchase, the chief executive officer now owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. The trade was a 0.25% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, VP Gerald F. Vinci bought 175 shares of the company's stock in a transaction that occurred on 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 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 position. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 1,109 shares of company stock valued at $160,845. Insiders own 0.99% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on GTLS shares. Stifel Nicolaus decreased their target price on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. The Goldman Sachs Group reduced their price objective on Chart Industries from $197.00 to $173.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. Morgan Stanley lowered their target price on Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. 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. Finally, Wells Fargo & Company decreased their price target on Chart Industries from $214.00 to $208.00 and set an "overweight" rating for the company in a report on Tuesday, April 1st. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Chart Industries presently has an average rating of "Buy" and a consensus target price of $201.64.

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.