Chart Industries, Inc. (NYSE:GTLS) Shares Bought by Beck Capital Management LLC

Beck Capital Management LLC lifted its stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 9.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,319 shares of the industrial products company's stock after purchasing an additional 2,693 shares during the period. Chart Industries accounts for about 1.5% of Beck Capital Management LLC's investment portfolio, making the stock its 21st biggest holding. Beck Capital Management LLC owned about 0.07% of Chart Industries worth $5,786,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its holdings in shares of Chart Industries by 129.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock valued at $31,000 after purchasing an additional 92 shares in the last quarter. Fairway Wealth LLC purchased a new position in shares of Chart Industries in the fourth quarter worth approximately $34,000. Blue Trust Inc. increased its holdings in Chart Industries by 56.0% during the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock valued at $35,000 after buying an additional 65 shares during the last quarter. Spire Wealth Management raised its position in Chart Industries by 183.8% in the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company's stock worth $37,000 after acquiring an additional 125 shares during the period. Finally, Lindbrook Capital LLC grew its position in shares of Chart Industries by 43.4% during the 4th quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock valued at $44,000 after acquiring an additional 69 shares during the period.

Insider Activity

In related news, CEO Jillian C. Evanko bought 350 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was acquired at an average price of $150.35 per share, with a total value of $52,622.50. Following the completion of the purchase, the chief executive officer now directly owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. This trade represents a 0.25 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Gerald F. Vinci bought 175 shares of Chart Industries stock in a transaction on Wednesday, March 12th. The shares were purchased 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 of the company's stock, 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 bought a total of 1,109 shares of company stock valued at $160,845 in the last three months. 0.99% of the stock is currently owned by corporate insiders.

Chart Industries Stock Up 1.8 %

Shares of GTLS stock traded up $2.43 during mid-day trading on Friday, hitting $135.67. 391,753 shares of the stock traded hands, compared to its average volume of 711,634. The stock's fifty day moving average is $147.33 and its two-hundred day moving average is $168.68. 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, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. The stock has a market cap of $6.10 billion, a P/E ratio of 39.32, a P/E/G ratio of 0.57 and a beta of 1.68.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 EPS 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 company had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same period in the previous year, the business earned $2.25 earnings per share. The business's revenue for the quarter was up 9.0% compared to the same quarter last year. Equities analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on GTLS shares. Morgan Stanley decreased their target price on shares of Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Barclays decreased their price target 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. Stifel Nicolaus decreased their price target on Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a report on Tuesday. Wells Fargo & Company reduced their price target on Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a report on Tuesday, April 1st. Finally, Citigroup boosted their target price on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $197.67.

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.