Chart Industries, Inc. (NYSE:GTLS) Shares Acquired by Peregrine Capital Management LLC

Peregrine Capital Management LLC boosted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 12.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 79,262 shares of the industrial products company's stock after purchasing an additional 8,634 shares during the quarter. Peregrine Capital Management LLC owned approximately 0.18% of Chart Industries worth $11,442,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Capital Analysts LLC purchased a new position in shares of Chart Industries during the 4th quarter valued at approximately $25,000. Smartleaf Asset Management LLC grew its position in shares of Chart Industries by 129.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock valued at $31,000 after purchasing an additional 92 shares during the period. 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 last quarter. Opal Wealth Advisors LLC purchased a new stake in Chart Industries during the 1st quarter worth approximately $25,000. Finally, Fairway Wealth LLC acquired a new position in shares of Chart Industries during the fourth quarter valued at approximately $34,000.

Analyst Ratings Changes

GTLS has been the topic of a number of research reports. The Goldman Sachs Group set a $180.00 price objective on Chart Industries and gave the company a "neutral" rating in a report on Wednesday, May 28th. Wells Fargo & Company lowered their price target on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 1st. Morgan Stanley dropped their price objective on shares of Chart Industries from $250.00 to $225.00 and set an "overweight" rating for the company in a research note on Friday, May 16th. TD Cowen cut their price objective on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Finally, Barclays upped their price target on Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a research report on Monday, May 5th. Two equities research 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. Based on data from MarketBeat, Chart Industries currently has an average rating of "Buy" and an average price target of $200.00.

Chart Industries Trading Up 1.2%

Shares of NYSE:GTLS traded up $1.96 during mid-day trading on Thursday, reaching $170.11. 1,055,915 shares of the company were exchanged, compared to its average volume of 780,012. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.51 and a quick ratio of 1.21. The firm's 50-day simple moving average is $154.32 and its 200 day simple moving average is $167.30. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 34.36, a P/E/G ratio of 0.64 and a beta of 1.68.

Chart Industries (NYSE:GTLS - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, topping 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 analyst estimates of $1.02 billion. During the same period last year, the business posted $1.49 earnings per share. The company's quarterly revenue was up 38.8% on a year-over-year basis. Equities research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current year.

About Chart Industries

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.