SG Americas Securities LLC lessened its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 81.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,900 shares of the industrial products company's stock after selling 12,548 shares during the quarter. SG Americas Securities LLC's holdings in Chart Industries were worth $419,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. First Manhattan CO. LLC. raised its holdings in shares of Chart Industries by 3.1% during the 4th quarter. First Manhattan CO. LLC. now owns 1,779 shares of the industrial products company's stock valued at $340,000 after buying an additional 54 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Chart Industries by 3.0% during the 4th quarter. Assetmark Inc. now owns 2,185 shares of the industrial products company's stock valued at $417,000 after buying an additional 64 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Chart Industries by 56.0% during the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock valued at $35,000 after buying an additional 65 shares in the last quarter. Lindbrook Capital LLC raised its holdings in shares of Chart Industries by 43.4% during the 4th quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock valued at $44,000 after buying an additional 69 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Chart Industries by 129.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock valued at $31,000 after buying an additional 92 shares in the last quarter.
Chart Industries Trading Up 7.1%
Chart Industries stock traded up $10.75 during mid-day trading on Thursday, reaching $161.96. 873,569 shares of the company traded hands, compared to its average volume of 769,137. 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 moving average price is $150.31 and its 200 day moving average price is $168.34. The firm has a market capitalization of $7.40 billion, a price-to-earnings ratio of 32.72, a P/E/G ratio of 0.58 and a beta of 1.71. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week 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 analysts' consensus estimates of $1.84 by $0.02. The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.02 billion. Chart Industries had a net margin of 5.93% and a return on equity of 13.93%. The company's quarterly revenue was up 38.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.49 EPS. On average, analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
GTLS has been the topic of a number of research reports. Barclays raised their price objective on Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a report on Monday, May 5th. Stifel Nicolaus decreased 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. TD Cowen decreased 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. Morgan Stanley decreased their price target on Chart Industries from $250.00 to $225.00 and set an "overweight" rating on the stock in a research note on Friday, May 16th. Finally, The Goldman Sachs Group set a $180.00 price target on Chart Industries and gave the stock a "neutral" rating in a research note on Wednesday, May 28th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Chart Industries currently has a consensus rating of "Buy" and a consensus target price of $200.00.
Get Our Latest Stock Analysis 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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