Gilder Gagnon Howe & Co. LLC Purchases 10,251 Shares of Chart Industries, Inc. (NYSE:GTLS)

Gilder Gagnon Howe & Co. LLC lifted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 262,073 shares of the industrial products company's stock after buying an additional 10,251 shares during the period. Gilder Gagnon Howe & Co. LLC owned about 0.61% of Chart Industries worth $50,014,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Chart Industries by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 4,297,398 shares of the industrial products company's stock valued at $820,115,000 after purchasing an additional 59,889 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Chart Industries by 37.7% in the 4th 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. Principal Financial Group Inc. grew its stake in shares of Chart Industries by 4.2% in the third quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company's stock valued at $99,673,000 after buying an additional 32,442 shares in the last quarter. Wolf Hill Capital Management LP bought a new position in shares of Chart Industries in the fourth quarter valued at $101,121,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Chart Industries by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 518,085 shares of the industrial products company's stock worth $98,871,000 after buying an additional 16,197 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Stifel Nicolaus decreased their price objective on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. TD Cowen lifted their price target on Chart Industries from $205.00 to $210.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Barclays lowered their price target on Chart Industries from $165.00 to $160.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 10th. Morgan Stanley cut their price objective on Chart Industries from $275.00 to $250.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. Finally, Wells Fargo & Company decreased their target price on Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a report on Tuesday, April 1st. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $197.67.

Insider Activity

In other Chart Industries news, Director Linda S. Harty bought 500 shares of the firm's stock in a transaction on Monday, March 10th. The shares were purchased at an average price of $140.85 per share, for a total transaction of $70,425.00. Following the completion of the transaction, the director now directly owns 11,684 shares in the company, valued at approximately $1,645,691.40. The trade was a 4.47 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Jillian C. Evanko bought 350 shares of the stock in a transaction on Thursday, March 6th. The shares were acquired at an average cost of $150.35 per share, with a total value of $52,622.50. Following the purchase, the chief executive officer now owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. This represents a 0.25 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 1,109 shares of company stock worth $160,845. 0.99% of the stock is currently owned by corporate insiders.

Chart Industries Price Performance

NYSE:GTLS traded up $16.56 during trading hours on Thursday, reaching $151.54. 626,867 shares of the company were exchanged, compared to its average volume of 711,408. The business has a 50 day moving average of $144.08 and a 200 day moving average of $168.87. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The company has a market capitalization of $6.81 billion, a P/E ratio of 44.27, a P/E/G ratio of 0.57 and a beta of 1.68.

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 13.25% and a net margin of 4.30%. 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. Research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current year.

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.