Pallas Capital Advisors LLC increased its position in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 17.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 23,874 shares of the industrial products company's stock after buying an additional 3,627 shares during the period. Pallas Capital Advisors LLC owned about 0.05% of Chart Industries worth $3,931,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Global X Japan Co. Ltd. boosted its holdings in Chart Industries by 142.9% in the 1st quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock worth $25,000 after buying an additional 100 shares during the period. Opal Wealth Advisors LLC bought a new position in shares of Chart Industries during the 1st quarter valued at about $25,000. Brooklyn Investment Group boosted its holdings in shares of 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 purchasing an additional 199 shares during the last quarter. SVB Wealth LLC bought a new position in shares of Chart Industries during the 1st quarter valued at about $30,000. Finally, Hughes Financial Services LLC bought a new position in shares of Chart Industries during the 1st quarter valued at about $44,000.
Chart Industries Stock Down 0.2%
GTLS traded down $0.44 during trading on Friday, hitting $199.39. The stock had a trading volume of 1,389,979 shares, compared to its average volume of 1,270,102. The company has a market capitalization of $8.96 billion, a PE ratio of 37.06, a PEG ratio of 1.15 and a beta of 1.67. Chart Industries, Inc. has a twelve month low of $104.60 and a twelve month high of $220.03. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.27 and a current ratio of 1.55. The stock has a 50 day simple moving average of $192.44 and a two-hundred day simple moving average of $164.08.
Chart Industries (NYSE:GTLS - Get Free Report) last announced its earnings results on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.62 by ($0.03). The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.11 billion. Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. On average, research analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current year.
Analyst Ratings Changes
Several research analysts have commented on the stock. Hsbc Global Res raised shares of Chart Industries to a "hold" rating in a report on Wednesday, July 30th. Barclays dropped their price objective on shares of Chart Industries from $171.00 to $169.00 and set an "equal weight" rating for the company in a report on Thursday, July 10th. TD Cowen downgraded shares of Chart Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 31st. Lake Street Capital downgraded 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 report on Wednesday, July 30th. Finally, UBS Group reissued a "neutral" rating and set a $210.00 price objective (down previously from $225.00) on shares of Chart Industries in a report on Wednesday, July 30th. Four research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $202.00.
View Our Latest Stock Report on Chart Industries
Chart Industries Company Profile
(
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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