Canton Hathaway LLC acquired a new position in Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,600 shares of the industrial products company's stock, valued at approximately $375,000.
Several other institutional investors have also recently made changes to their positions in the stock. First Manhattan CO. LLC. boosted its holdings in shares of Chart Industries by 3.1% in the 4th quarter. First Manhattan CO. LLC. now owns 1,779 shares of the industrial products company's stock worth $340,000 after purchasing an additional 54 shares during the period. Assetmark Inc. boosted its holdings in Chart Industries by 3.0% during the 4th quarter. Assetmark Inc. now owns 2,185 shares of the industrial products company's stock valued at $417,000 after acquiring an additional 64 shares during the period. Blue Trust Inc. raised 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 purchasing an additional 65 shares in the last quarter. Lindbrook Capital LLC raised its position in shares of Chart Industries by 43.4% in the 4th quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock worth $44,000 after acquiring an additional 69 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Chart Industries by 129.6% in 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 in the last quarter.
Chart Industries Stock Down 1.0%
NYSE GTLS traded down $1.49 during trading on Friday, reaching $142.60. 1,537,881 shares of the company's stock were exchanged, compared to its average volume of 763,912. The stock has a market cap of $6.52 billion, a P/E ratio of 28.81, a price-to-earnings-growth ratio of 0.55 and a beta of 1.71. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.21 and a current ratio of 1.51. The company has a 50 day moving average price of $148.97 and a two-hundred day moving average price of $168.93. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03.
Chart Industries (NYSE:GTLS - Get Free Report) last posted 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. Chart Industries had a return on equity of 13.93% and a net margin of 5.93%. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the business earned $1.49 EPS. The business's quarterly revenue was up 38.8% on a year-over-year basis. On average, equities research analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.
Analyst Ratings Changes
Several research analysts have recently commented on the company. TD Cowen reduced their price target on Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Stifel Nicolaus dropped their price target on Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Morgan Stanley lowered their target price on Chart Industries from $250.00 to $225.00 and set an "overweight" rating on the stock in a research note on Friday, May 16th. Barclays upped their target price on Chart Industries from $160.00 to $171.00 and gave the stock an "equal weight" rating in a research note on Monday, May 5th. Finally, The Goldman Sachs Group set a $180.00 target price on Chart Industries and gave the stock a "neutral" rating in a research note on Wednesday, May 28th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Chart Industries has an average rating of "Buy" and a consensus target price of $200.00.
Read Our Latest Stock Report on Chart Industries
About Chart Industries
(
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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