Universal Beteiligungs und Servicegesellschaft mbH Purchases New Holdings in Chart Industries, Inc. (NYSE:GTLS)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Chart Industries, Inc. (NYSE:GTLS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 60,248 shares of the industrial products company's stock, valued at approximately $11,498,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.14% of Chart Industries as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. First Manhattan CO. LLC. boosted its position in 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 worth $340,000 after acquiring an additional 54 shares during the period. Assetmark Inc. lifted its position in shares of Chart Industries by 3.0% in the fourth quarter. Assetmark Inc. now owns 2,185 shares of the industrial products company's stock worth $417,000 after purchasing an additional 64 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Chart Industries by 56.0% during the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock worth $35,000 after purchasing an additional 65 shares during the period. Lindbrook Capital LLC boosted its holdings in shares of Chart Industries by 43.4% during the fourth quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock worth $44,000 after purchasing an additional 69 shares during the period. Finally, Smartleaf Asset Management LLC grew its position in Chart Industries by 129.6% during 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 in the last quarter.

Insider Buying and Selling

In other Chart Industries news, Director Linda S. Harty purchased 500 shares of the business's stock in a transaction dated Monday, March 10th. The stock was bought at an average cost of $140.85 per share, for a total transaction of $70,425.00. Following the completion of the acquisition, the director now directly owns 11,684 shares in the company, valued at $1,645,691.40. This represents a 4.47% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Gerald F. Vinci acquired 175 shares of Chart Industries stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the transaction, the vice president now directly owns 475 shares of the company's stock, valued at $70,247.75. This trade represents a 58.33% increase in their position. The disclosure for this purchase can be found here. Insiders have bought 1,109 shares of company stock worth $160,845 in the last quarter. 0.99% of the stock is currently owned by company insiders.

Chart Industries Stock Down 5.1%

Shares of GTLS traded down $8.32 during trading hours on Wednesday, hitting $153.27. 1,972,529 shares of the company were exchanged, compared to its average volume of 712,729. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The company has a market cap of $7.00 billion, a PE ratio of 44.43, a PEG ratio of 0.57 and a beta of 1.69. The firm's 50 day moving average is $144.67 and its 200-day moving average is $172.59. 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 announced its earnings results on Thursday, May 1st. The industrial products company reported $1.86 earnings per share (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 firm had revenue of $1 billion during the quarter, compared to analysts' expectations of $1.02 billion. During the same quarter in the prior year, the business earned $1.49 earnings per share. The company's revenue was up 38.8% on a year-over-year basis. On average, equities research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

GTLS has been the subject of a number of research analyst reports. TD Cowen cut their target price 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. Stifel Nicolaus reduced their price objective on Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Wells Fargo & Company lowered 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. Morgan Stanley dropped their target price on Chart Industries from $250.00 to $225.00 and set an "overweight" rating on the stock in a research report on Friday, May 16th. Finally, Citigroup lifted their price target on 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 given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $200.00.

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.