Vontobel Holding Ltd. Has $7.95 Million Holdings in Chart Industries, Inc. (NYSE:GTLS)

Vontobel Holding Ltd. lowered its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 15.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,049 shares of the industrial products company's stock after selling 10,137 shares during the quarter. Vontobel Holding Ltd. owned 0.12% of Chart Industries worth $7,947,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of Chart Industries by 118.6% in the 1st quarter. GAMMA Investing LLC now owns 1,270 shares of the industrial products company's stock valued at $183,000 after buying an additional 689 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Chart Industries by 1.5% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,781 shares of the industrial products company's stock valued at $979,000 after buying an additional 98 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Chart Industries by 2.7% in the 1st quarter. State of Alaska Department of Revenue now owns 4,928 shares of the industrial products company's stock valued at $711,000 after buying an additional 130 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Chart Industries by 1,201.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 39,650 shares of the industrial products company's stock valued at $5,724,000 after buying an additional 36,604 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Chart Industries by 129.6% in 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 during the last quarter.

Chart Industries Stock Performance

GTLS stock traded up $1.96 during trading hours on Friday, hitting $170.11. 1,055,915 shares of the stock were exchanged, compared to its average volume of 784,405. The company has a current ratio of 1.51, a quick ratio of 1.21 and a debt-to-equity ratio of 1.18. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The firm has a market capitalization of $7.77 billion, a P/E ratio of 34.36, a P/E/G ratio of 0.68 and a beta of 1.68. The company has a 50-day simple moving average of $155.74 and a two-hundred day simple moving average of $166.77.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly 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 13.93% and a net margin of 5.93%. The company had revenue of $1 billion for the quarter, compared to analysts' expectations of $1.02 billion. During the same quarter last year, the business earned $1.49 earnings per share. Chart Industries's revenue was up 38.8% on a year-over-year basis. On average, analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Barclays increased 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. Wells Fargo & Company cut their price objective on Chart Industries from $214.00 to $208.00 and set an "overweight" rating for the company in a report on Tuesday, April 1st. The Goldman Sachs Group set a $180.00 price target on Chart Industries and gave the company a "neutral" rating in a research note on Wednesday, May 28th. TD Cowen dropped 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. Finally, Stifel Nicolaus dropped 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. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $200.00.

About Chart Industries

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.