2,892 Shares in Chart Industries, Inc. $GTLS Acquired by Aristeia Capital L.L.C.

Key Points

• Aristeia Capital L.L.C. purchased 2,892 shares of Chart Industries, Inc., valued at approximately $417,000, during the 1st quarter.
• Equities analysts have downgraded Chart Industries from "strong-buy" ratings to "hold" ratings, with four analysts giving it a Buy rating and thirteen assigning a Hold rating.
• Chart Industries reported earnings of $2.59 EPS for the last quarter, missing analyst estimates and generating revenue of $1.08 billion compared to expected $1.11 billion.

Aristeia Capital L.L.C. purchased a new position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,892 shares of the industrial products company's stock, valued at approximately $417,000.

Other institutional investors have also made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of Chart Industries during the first quarter worth approximately $25,000. Global X Japan Co. Ltd. lifted its stake in Chart Industries by 142.9% in the first quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock valued at $25,000 after acquiring an additional 100 shares during the last quarter. Brooklyn Investment Group lifted its stake in Chart Industries by 19,900.0% in the first 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 during the last quarter. SVB Wealth LLC acquired a new stake in Chart Industries in the first quarter valued at approximately $30,000. Finally, Hughes Financial Services LLC acquired a new stake in Chart Industries in the first quarter valued at approximately $44,000.

Chart Industries Price Performance

NYSE GTLS traded down $0.65 on Friday, hitting $199.24. 949,433 shares of the company were exchanged, compared to its average volume of 1,548,001. The company has a current ratio of 1.55, a quick ratio of 1.27 and a debt-to-equity ratio of 1.04. Chart Industries, Inc. has a 1-year low of $104.60 and a 1-year high of $220.03. The company has a market cap of $8.96 billion, a P/E ratio of 37.03, a P/E/G ratio of 1.16 and a beta of 1.67. The firm has a 50 day moving average of $189.24 and a two-hundred day moving average of $163.34.

Chart Industries (NYSE:GTLS - Get Free Report) last released its earnings results on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.62 by ($0.03). Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.11 billion. On average, equities analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.

Wall Street Analysts Forecast Growth

GTLS has been the subject of a number of analyst reports. Johnson Rice cut shares of Chart Industries from a "strong-buy" rating to a "hold" rating and set a $210.00 price objective for the company. in a research note on Wednesday, July 30th. Hsbc Global Res upgraded shares of Chart Industries to a "hold" rating in a research note on Wednesday, July 30th. Citigroup cut shares of Chart Industries from a "buy" rating to a "hold" rating in a research note on Friday, September 5th. Raymond James Financial restated a "market perform" rating on shares of Chart Industries in a research note on Wednesday, July 30th. Finally, Lake Street Capital cut shares of Chart Industries from a "strong-buy" rating to a "hold" rating and set a $210.00 price objective for the company. in a research note on Wednesday, July 30th. Four equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Chart Industries currently has a consensus rating of "Hold" and an average price target of $202.00.

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.