Aurora Investment Counsel Decreases Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Aurora Investment Counsel lowered its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 29.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,917 shares of the industrial products company's stock after selling 2,906 shares during the quarter. Aurora Investment Counsel's holdings in Chart Industries were worth $1,320,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of GTLS. King Luther Capital Management Corp increased its holdings in shares of Chart Industries by 2.9% in the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company's stock valued at $128,100,000 after purchasing an additional 29,139 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Chart Industries by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company's stock valued at $123,318,000 after purchasing an additional 19,534 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Chart Industries by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company's stock valued at $99,673,000 after purchasing an additional 32,442 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company's stock valued at $73,551,000 after purchasing an additional 13,181 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Chart Industries by 90.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company's stock valued at $68,461,000 after purchasing an additional 262,592 shares in the last quarter.

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Insider Buying and Selling

In related news, CEO Jillian C. Evanko bought 350 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the acquisition, the chief executive officer now owns 137,666 shares in the company, valued at $20,698,083.10. This trade represents a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Gerald F. Vinci bought 175 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average price of $147.89 per share, with a total value of $25,880.75. Following the completion of the acquisition, the vice president now owns 475 shares of the company's stock, valued at $70,247.75. This trade represents a 58.33 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 1,109 shares of company stock valued at $160,845. Insiders own 0.95% of the company's stock.

Wall Street Analyst Weigh In

GTLS has been the subject of a number of research analyst reports. Citigroup increased their price target on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a report on Thursday, February 13th. BTIG Research raised their target price on shares of Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a report on Monday, December 16th. Wells Fargo & Company dropped their target price on shares of Chart Industries from $215.00 to $214.00 and set an "overweight" rating for the company in a report on Monday, March 3rd. Stifel Nicolaus raised their target price on shares of Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a report on Tuesday, December 31st. Finally, TD Cowen raised their target price on shares of Chart Industries from $205.00 to $210.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $194.08.

Chart Industries Trading Down 1.2 %

Shares of Chart Industries stock traded down $1.83 during mid-day trading on Tuesday, hitting $149.89. 412,739 shares of the stock were exchanged, compared to its average volume of 659,293. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03. The stock has a market capitalization of $6.85 billion, a price-to-earnings ratio of 43.45, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. The company has a 50-day simple moving average of $190.50 and a 200 day simple moving average of $166.11. 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 released its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share (EPS) 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 firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the business earned $2.25 earnings per share. Chart Industries's revenue for the quarter was up 9.0% 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.