Chart Industries, Inc. (NYSE:GTLS) Shares Bought by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC grew its stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 5.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,712 shares of the industrial products company's stock after acquiring an additional 2,598 shares during the quarter. Greenwood Capital Associates LLC owned about 0.10% of Chart Industries worth $6,743,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital Analysts LLC purchased a new position in Chart Industries during the 4th quarter worth $25,000. Smartleaf Asset Management LLC grew its stake in Chart Industries by 129.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock worth $31,000 after buying an additional 92 shares during the last quarter. Fairway Wealth LLC purchased a new position in Chart Industries during the 4th quarter worth $34,000. Blue Trust Inc. grew its stake in Chart Industries by 56.0% during the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock worth $35,000 after buying an additional 65 shares during the last quarter. Finally, Lindbrook Capital LLC grew its stake in Chart Industries by 43.4% during the 4th quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock worth $44,000 after buying an additional 69 shares during the last quarter.

Wall Street Analyst Weigh In

GTLS has been the topic of several research analyst reports. TD Cowen dropped their price target on Chart Industries from $210.00 to $205.00 and set a "buy" rating on the stock in a research note 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. Barclays boosted their price target on Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a research note on Monday, May 5th. Wells Fargo & Company dropped their price target on Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 1st. Finally, The Goldman Sachs Group set a $180.00 price target on Chart Industries and gave the company a "neutral" rating in a research note on Wednesday, May 28th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Chart Industries currently has an average rating of "Buy" and an average price target of $200.00.

Chart Industries Stock Performance

Shares of GTLS stock traded down $4.13 on Friday, hitting $143.87. The company had a trading volume of 833,739 shares, compared to its average volume of 754,263. The firm has a market cap of $6.57 billion, a P/E ratio of 41.70, a price-to-earnings-growth ratio of 0.57 and a beta of 1.71. The company has a 50-day moving average price of $147.04 and a 200-day moving average price of $170.61. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.02. The business had revenue of $1 billion during the quarter, compared to analysts' expectations of $1.02 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company's revenue for the quarter was up 38.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.49 EPS. As a group, equities research analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

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.