6,392 Shares in Chart Industries, Inc. (NYSE:GTLS) Acquired by Advisor Resource Council

Advisor Resource Council purchased a new stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,392 shares of the industrial products company's stock, valued at approximately $844,000.

A number of other large investors have also recently modified their holdings of GTLS. Capital Analysts LLC bought a new position in Chart Industries during the 4th quarter worth about $25,000. Opal Wealth Advisors LLC purchased a new stake in shares of Chart Industries in the 1st quarter worth approximately $25,000. Global X Japan Co. Ltd. boosted its stake in shares of Chart Industries by 142.9% during the first quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 100 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings 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 buying an additional 92 shares during the period. Finally, Fairway Wealth LLC purchased a new position in Chart Industries during the fourth quarter valued at approximately $34,000.

Chart Industries Stock Up 1.7%

Shares of GTLS stock traded up $2.59 during trading hours on Wednesday, reaching $151.20. 787,539 shares of the company's stock were exchanged, compared to its average volume of 768,720. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a current ratio of 1.51, a quick ratio of 1.21 and a debt-to-equity ratio of 1.18. The stock has a market cap of $6.91 billion, a PE ratio of 30.55, a PEG ratio of 0.58 and a beta of 1.71. The stock's fifty day moving average price is $149.78 and its two-hundred day moving average price is $168.46.

Chart Industries (NYSE:GTLS - Get Free Report) last released its earnings results on Thursday, May 1st. The industrial products company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.02. The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.02 billion. Chart Industries had a net margin of 5.93% and a return on equity of 13.93%. Chart Industries's revenue was up 38.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.49 EPS. Research analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on GTLS shares. TD Cowen lowered their target price on Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Barclays upped their price objective 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. The Goldman Sachs Group set a $180.00 price objective on Chart Industries and gave the company a "neutral" rating in a research report on Wednesday, May 28th. Stifel Nicolaus reduced their target price on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, Morgan Stanley decreased their price target on shares of Chart Industries from $250.00 to $225.00 and set an "overweight" rating for the company in a research report on Friday, May 16th. 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. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $200.00.

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.