Amundi Has $16.61 Million Holdings in Chart Industries, Inc. (NYSE:GTLS)

Amundi lowered its stake in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 24.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 82,310 shares of the industrial products company's stock after selling 26,346 shares during the period. Amundi owned approximately 0.19% of Chart Industries worth $16,610,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of GTLS. National Bank of Canada FI increased its position in shares of Chart Industries by 328.7% in the 3rd quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company's stock valued at $839,000 after buying an additional 5,181 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of Chart Industries by 248.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company's stock worth $2,744,000 after acquiring an additional 15,862 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Chart Industries by 2.3% during the third quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company's stock worth $73,551,000 after purchasing an additional 13,181 shares during the period. Mitsubishi UFJ Asset Management UK Ltd. raised its position in shares of Chart Industries by 26.7% during the fourth quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company's stock worth $1,813,000 after purchasing an additional 2,000 shares during the period. Finally, Premier Fund Managers Ltd bought a new position in shares of Chart Industries during the 3rd quarter valued at about $733,000.

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Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on GTLS shares. Stifel Nicolaus increased their target price on Chart Industries from $200.00 to $231.00 and gave the stock a "buy" rating in a research note on Tuesday, December 31st. TD Cowen increased their price objective on shares of Chart Industries from $205.00 to $210.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Citigroup raised their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Wells Fargo & Company reduced their target price on shares of Chart Industries from $215.00 to $214.00 and set an "overweight" rating for the company in a research note on Monday, March 3rd. Finally, The Goldman Sachs Group lifted their price target on Chart Industries from $138.00 to $201.00 and gave the company a "neutral" rating in a research note on Friday, December 20th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $194.08.

Insider Transactions at Chart Industries

In other Chart Industries news, CEO Jillian C. Evanko purchased 350 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of $150.35 per share, for a total transaction of $52,622.50. Following the purchase, the chief executive officer now owns 137,666 shares in the company, valued at approximately $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Gerald F. Vinci purchased 175 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were acquired at an average cost of $147.89 per share, with a total value of $25,880.75. Following the acquisition, the vice president now directly owns 475 shares in the company, valued at approximately $70,247.75. The trade was a 58.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 1,109 shares of company stock worth $160,845 in the last ninety days. Insiders own 0.95% of the company's stock.

Chart Industries Stock Up 2.1 %

GTLS stock traded up $3.17 during mid-day trading on Monday, reaching $152.01. The company had a trading volume of 613,587 shares, compared to its average volume of 660,306. The company has a market capitalization of $6.94 billion, a price-to-earnings ratio of 44.06, a PEG ratio of 0.57 and a beta of 1.87. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03. The stock has a 50 day simple moving average of $191.59 and a two-hundred day simple moving average of $165.91. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00.

Chart Industries (NYSE:GTLS - Get Free Report) last released 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 net margin of 4.30% and a return on equity of 13.25%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the prior year, the business posted $2.25 earnings per share. Chart Industries's quarterly revenue was up 9.0% compared to the same quarter last year. As a group, equities analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal 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.