XTX Topco Ltd Takes Position in Chart Industries, Inc. (NYSE:GTLS)

XTX Topco Ltd acquired a new stake in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,661 shares of the industrial products company's stock, valued at approximately $529,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Capital Analysts LLC acquired a new stake in shares of Chart Industries during the fourth quarter worth $25,000. Opal Wealth Advisors LLC acquired a new position in Chart Industries during the first quarter valued at $25,000. Global X Japan Co. Ltd. raised its position in Chart Industries by 142.9% during the first quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock valued at $25,000 after buying an additional 100 shares during the period. Hughes Financial Services LLC acquired a new position in Chart Industries during the first quarter valued at $44,000. Finally, Byrne Asset Management LLC acquired a new position in Chart Industries during the first quarter valued at $45,000.

Chart Industries Stock Performance

Chart Industries stock traded down $0.33 during trading hours on Friday, hitting $198.66. The stock had a trading volume of 5,110,719 shares, compared to its average volume of 4,039,815. The company has a 50-day moving average of $166.43 and a two-hundred day moving average of $163.33. The company has a quick ratio of 1.27, a current ratio of 1.55 and a debt-to-equity ratio of 1.04. The company has a market cap of $8.93 billion, a PE ratio of 36.93, a price-to-earnings-growth ratio of 1.15 and a beta of 1.59. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its earnings results on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.62 by ($0.03). Chart Industries had a return on equity of 13.71% and a net margin of 6.29%. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.11 billion. On average, equities research analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on GTLS shares. 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 report on Tuesday, April 22nd. Seaport Res Ptn downgraded Chart Industries from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 30th. Morgan Stanley lowered their target price 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. UBS Group restated a "neutral" rating and issued a $210.00 target price (down previously from $225.00) on shares of Chart Industries in a research note on Wednesday, July 30th. Finally, The Goldman Sachs Group set a $180.00 target price on Chart Industries and gave the company a "neutral" rating in a research note on Wednesday, May 28th. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $202.00.

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.