Vestor Capital LLC Takes $1.59 Million Position in Chart Industries, Inc. (NYSE:GTLS)

Vestor Capital LLC acquired a new stake in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 11,029 shares of the industrial products company's stock, valued at approximately $1,592,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GTLS. KLP Kapitalforvaltning AS increased its position in shares of Chart Industries by 64.3% in the 1st quarter. KLP Kapitalforvaltning AS now owns 18,400 shares of the industrial products company's stock valued at $2,656,000 after acquiring an additional 7,200 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Chart Industries by 18.9% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 71,632 shares of the industrial products company's stock valued at $10,341,000 after acquiring an additional 11,384 shares during the period. Y Intercept Hong Kong Ltd increased its position in shares of Chart Industries by 174.3% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 5,721 shares of the industrial products company's stock valued at $826,000 after acquiring an additional 3,635 shares during the period. Crestwood Advisors Group LLC acquired a new stake in Chart Industries during the 1st quarter worth about $1,363,000. Finally, Private Advisor Group LLC grew its position in Chart Industries by 765.3% during the 1st quarter. Private Advisor Group LLC now owns 11,102 shares of the industrial products company's stock worth $1,603,000 after purchasing an additional 9,819 shares during the period.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on GTLS shares. Stifel Nicolaus dropped their target price on Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. TD Cowen decreased their price target on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. The Goldman Sachs Group set a $180.00 price target on shares of Chart Industries and gave the company a "neutral" rating in a research note on Wednesday, May 28th. Morgan Stanley decreased their price target on shares of 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, Barclays set a $169.00 price target on shares of Chart Industries and gave the company an "equal weight" rating in a research note on Thursday, July 10th. 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, the company presently has a consensus rating of "Buy" and a consensus price target of $199.82.

Chart Industries Price Performance

Shares of GTLS opened at $168.70 on Wednesday. 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 stock has a market cap of $7.71 billion, a PE ratio of 34.08, a price-to-earnings-growth ratio of 0.65 and a beta of 1.68. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The firm has a fifty day moving average price of $159.61 and a 200 day moving average price of $165.08.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, beating analysts' consensus estimates of $1.84 by $0.02. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $1.02 billion. Chart Industries had a net margin of 5.93% and a return on equity of 13.93%. Chart Industries's quarterly revenue was up 38.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.49 earnings per share. As a group, sell-side analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current year.

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.

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