Hudson Value Partners LLC Takes $1.29 Million Position in Chart Industries, Inc. (NYSE:GTLS)

Hudson Value Partners LLC acquired a new stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 6,740 shares of the industrial products company's stock, valued at approximately $1,286,000.

Several other hedge funds have also recently bought and sold shares of GTLS. GTS Securities LLC bought a new stake in shares of Chart Industries in the 4th quarter worth approximately $252,000. Castleark Management LLC raised its holdings in shares of Chart Industries by 53.1% in the 4th quarter. Castleark Management LLC now owns 36,220 shares of the industrial products company's stock worth $6,912,000 after purchasing an additional 12,560 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Chart Industries by 10.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 195,454 shares of the industrial products company's stock worth $37,300,000 after purchasing an additional 18,182 shares in the last quarter. Vident Advisory LLC raised its holdings in shares of Chart Industries by 45.6% in the 4th quarter. Vident Advisory LLC now owns 2,356 shares of the industrial products company's stock worth $450,000 after purchasing an additional 738 shares in the last quarter. Finally, Soviero Asset Management LP raised its holdings in shares of Chart Industries by 13.0% in the 4th quarter. Soviero Asset Management LP now owns 26,000 shares of the industrial products company's stock worth $4,962,000 after purchasing an additional 3,000 shares in the last quarter.

Chart Industries Stock Down 0.5%

GTLS stock traded down $0.76 during trading hours on Friday, hitting $158.03. The company's stock had a trading volume of 291,727 shares, compared to its average volume of 708,814. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $7.22 billion, a PE ratio of 45.81, a price-to-earnings-growth ratio of 0.57 and a beta of 1.69. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The stock has a 50 day moving average price of $144.40 and a two-hundred day moving average price of $173.10.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its 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. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The company's revenue for the quarter was up 38.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.49 earnings per share. On average, equities research analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Linda S. Harty acquired 500 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average cost of $140.85 per share, with a total value of $70,425.00. Following the acquisition, the director now owns 11,684 shares in the company, valued at approximately $1,645,691.40. This represents a 4.47% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Gerald F. Vinci acquired 175 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the acquisition, the vice president now owns 475 shares in the company, valued at $70,247.75. This trade represents a 58.33% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders bought 1,109 shares of company stock valued at $160,845. Company insiders own 0.99% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on GTLS shares. Barclays boosted their price target on shares of Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a report on Monday, May 5th. Morgan Stanley cut their price target on shares of Chart Industries from $250.00 to $225.00 and set an "overweight" rating on the stock in a report on Friday, May 16th. Stifel Nicolaus cut their price target on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Wells Fargo & Company cut their price target on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a report on Tuesday, April 1st. Finally, Citigroup boosted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $199.36.

Chart Industries Company 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.