Nomura Holdings Inc. Trims Stock Position in Chart Industries, Inc. (NYSE:GTLS)

Nomura Holdings Inc. lowered its position in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 97.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,569 shares of the industrial products company's stock after selling 236,321 shares during the quarter. Nomura Holdings Inc.'s holdings in Chart Industries were worth $1,063,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Lighthouse Investment Partners LLC acquired a new stake in Chart Industries during the fourth quarter worth about $1,908,000. Interval Partners LP bought a new stake in Chart Industries in the fourth quarter valued at $750,000. Janus Henderson Group PLC grew its holdings in Chart Industries by 2.2% in the 4th quarter. Janus Henderson Group PLC now owns 1,608,883 shares of the industrial products company's stock worth $307,046,000 after buying an additional 35,004 shares in the last quarter. Gotham Asset Management LLC raised its position in shares of Chart Industries by 334.7% during the 4th quarter. Gotham Asset Management LLC now owns 15,972 shares of the industrial products company's stock worth $3,048,000 after buying an additional 12,298 shares in the last quarter. Finally, Ethic Inc. acquired a new stake in Chart Industries in the 4th quarter valued at about $215,000.

Insider Transactions at Chart Industries

In related news, VP Gerald F. Vinci bought 175 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average cost of $147.89 per share, for a total transaction of $25,880.75. Following the purchase, the vice president now directly owns 475 shares of the company's stock, valued at approximately $70,247.75. This trade represents a 58.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jillian C. Evanko purchased 350 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average price of $150.35 per share, with a total value of $52,622.50. Following the purchase, the chief executive officer now owns 137,666 shares in the company, valued at $20,698,083.10. This represents a 0.25% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 1,109 shares of company stock worth $160,845. 0.99% of the stock is currently owned by insiders.

Analysts Set New Price Targets

GTLS has been the topic of several recent research reports. Barclays raised their price objective on shares of Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a research report on Monday, May 5th. 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 research report on Thursday, February 13th. The Goldman Sachs Group decreased their price objective on Chart Industries from $197.00 to $173.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. Wells Fargo & Company cut their target price 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, TD Cowen lowered their price objective on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Two 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's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $199.36.

Chart Industries Stock Down 0.0%

GTLS traded down $0.08 during trading on Thursday, reaching $158.71. The stock had a trading volume of 361,341 shares, compared to its average volume of 706,116. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The stock's 50 day moving average is $144.10 and its two-hundred day moving average is $172.80. The company has a market capitalization of $7.25 billion, a price-to-earnings ratio of 46.00, a P/E/G ratio of 0.57 and a beta of 1.69. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its earnings results on Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.84 by $0.02. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company had revenue of $1 billion for the quarter, compared to analysts' expectations of $1.02 billion. During the same period last year, the firm earned $1.49 EPS. Chart Industries's revenue for the quarter was up 38.8% compared to the same quarter last year. As a group, analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current 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.