Teachers Retirement System of The State of Kentucky Has $3.08 Million Position in Chart Industries, Inc. (NYSE:GTLS)

Teachers Retirement System of The State of Kentucky lowered its stake in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 22.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,325 shares of the industrial products company's stock after selling 6,294 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in Chart Industries were worth $3,079,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wolf Hill Capital Management LP acquired a new position in Chart Industries during the 4th quarter valued at $101,121,000. Norges Bank bought a new position in shares of Chart Industries during the 4th quarter worth about $88,609,000. Dimensional Fund Advisors LP raised its position in shares of Chart Industries by 37.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,064,637 shares of the industrial products company's stock valued at $203,178,000 after buying an additional 291,520 shares during the last quarter. Engaged Capital LLC bought a new stake in shares of Chart Industries in the fourth quarter valued at about $42,900,000. Finally, Frontier Capital Management Co. LLC grew its position in Chart Industries by 920.6% during the fourth quarter. Frontier Capital Management Co. LLC now owns 234,069 shares of the industrial products company's stock worth $44,670,000 after buying an additional 211,134 shares in the last quarter.

Chart Industries Stock Performance

Shares of Chart Industries stock opened at $168.70 on Wednesday. Chart Industries, Inc. has a one year low of $101.60 and a one 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 business has a 50-day simple moving average of $159.61 and a 200 day simple moving average of $165.08. The firm has a market capitalization of $7.71 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 0.65 and a beta of 1.68.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.86 earnings per share 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 company had revenue of $1 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the firm posted $1.49 EPS. The firm's revenue for the quarter was up 38.8% on a year-over-year basis. On average, research analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on GTLS shares. The Goldman Sachs Group set a $180.00 price objective on Chart Industries and gave the company a "neutral" rating in a research note on Wednesday, May 28th. Stifel Nicolaus decreased their price objective on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Wells Fargo & Company reduced 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 lowered 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 report on Friday, May 16th. Finally, TD Cowen decreased their price objective on Chart Industries from $210.00 to $205.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Two equities research 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 company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $199.82.

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.

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