2,578 Shares in Chart Industries, Inc. $GTLS Purchased by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC has acquired a new position in Chart Industries, purchasing 2,578 shares valued at approximately $372,000 during the 1st quarter.
• Several institutional investors have also shifted their stakes in GTLS, with notable transactions including Venture Visionary Partners LLC's $1.39 million purchase and Philadelphia Trust Co.'s $3.61 million stake.
• Analysts have recently downgraded Chart Industries from “strong-buy” to “hold,” resulting in a consensus price target of $202.00 for the stock.

EntryPoint Capital LLC bought a new position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,578 shares of the industrial products company's stock, valued at approximately $372,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GTLS. Venture Visionary Partners LLC purchased a new position in Chart Industries in the first quarter valued at about $1,393,000. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Chart Industries during the 1st quarter valued at approximately $75,000. Hsbc Holdings PLC boosted its position in Chart Industries by 7.7% during the 1st quarter. Hsbc Holdings PLC now owns 2,889 shares of the industrial products company's stock valued at $415,000 after purchasing an additional 207 shares during the period. Brooklyn Investment Group raised its stake in Chart Industries by 19,900.0% during the 1st quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company's stock valued at $29,000 after acquiring an additional 199 shares in the last quarter. Finally, Philadelphia Trust Co. bought a new stake in Chart Industries during the 1st quarter valued at $3,609,000.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Johnson Rice downgraded Chart Industries from a "strong-buy" rating to a "hold" rating and set a $210.00 price objective on the stock. in a research note on Wednesday, July 30th. TD Cowen downgraded Chart Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 31st. Craig Hallum downgraded Chart Industries from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 29th. Barclays lowered their target price on Chart Industries from $171.00 to $169.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 10th. Finally, Hsbc Global Res upgraded Chart Industries to a "hold" rating in a research note on Wednesday, July 30th. Five analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. According to data from MarketBeat, Chart Industries has an average rating of "Hold" and a consensus price target of $202.00.

Chart Industries Stock Down 0.3%

NYSE GTLS opened at $197.5860 on Friday. The firm has a market cap of $8.88 billion, a PE ratio of 36.73, a price-to-earnings-growth ratio of 1.15 and a beta of 1.59. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The stock's 50 day simple moving average is $175.06 and its 200 day simple moving average is $162.92. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.55 and a quick ratio of 1.27.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $2.59 EPS for the quarter, missing analysts' consensus estimates of $2.62 by ($0.03). The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. As a group, sell-side analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

About Chart Industries

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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