Teachers Retirement System of The State of Kentucky Sells 3,166 Shares of Chart Industries, Inc. (NYSE:GTLS)

Teachers Retirement System of The State of Kentucky lowered its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 10.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,619 shares of the industrial products company's stock after selling 3,166 shares during the quarter. Teachers Retirement System of The State of Kentucky owned about 0.06% of Chart Industries worth $5,270,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake 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 worth $820,115,000 after acquiring an additional 59,889 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Chart Industries by 37.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,064,637 shares of the industrial products company's stock valued at $203,178,000 after acquiring an additional 291,520 shares during the period. Principal Financial Group Inc. grew its position in shares of Chart Industries by 4.2% during the third quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company's stock worth $99,673,000 after acquiring an additional 32,442 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Chart Industries by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 518,085 shares of the industrial products company's stock worth $98,871,000 after acquiring an additional 16,197 shares during the period. Finally, GW&K Investment Management LLC increased its holdings in shares of Chart Industries by 1.5% in the 4th quarter. GW&K Investment Management LLC now owns 516,658 shares of the industrial products company's stock worth $98,599,000 after acquiring an additional 7,669 shares during the period.

Chart Industries Stock Down 0.6 %

NYSE GTLS traded down $0.84 during trading on Monday, hitting $134.66. 85,937 shares of the company traded hands, compared to its average volume of 740,876. The company has a market capitalization of $6.05 billion, a P/E ratio of 39.03, a PEG ratio of 0.57 and a beta of 1.68. The business has a fifty day simple moving average of $147.33 and a 200 day simple moving average of $169.29. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing the consensus estimate of $3.20 by ($0.54). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the firm posted $2.25 earnings per share. The firm's revenue for the quarter was up 9.0% compared to the same quarter last year. As a group, sell-side analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.

Insider Activity at Chart Industries

In other Chart Industries news, Director Linda S. Harty bought 500 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were acquired at an average price of $140.85 per share, with a total value of $70,425.00. Following the completion of the purchase, the director now directly owns 11,684 shares in the company, valued at $1,645,691.40. The trade was a 4.47 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Jillian C. Evanko acquired 350 shares of the stock in a transaction dated Thursday, March 6th. The stock was bought at an average price of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the purchase, the chief executive officer now owns 137,666 shares in the company, valued at approximately $20,698,083.10. This trade represents a 0.25 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 1,109 shares of company stock worth $160,845 in the last 90 days. 0.99% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. TD Cowen raised their target price on Chart Industries from $205.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Barclays lowered their target price on shares of Chart Industries from $165.00 to $160.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 10th. Citigroup boosted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Wells Fargo & Company cut their target price on Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 1st. Finally, Morgan Stanley reduced their target price on Chart Industries from $275.00 to $250.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Three investment 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 stock. Based on data from MarketBeat, Chart Industries has an average rating of "Moderate Buy" and an average price target of $197.67.

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.