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

Beck Capital Management LLC boosted its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 9.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,319 shares of the industrial products company's stock after acquiring an additional 2,693 shares during the quarter. Chart Industries comprises approximately 1.5% of Beck Capital Management LLC's 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 SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MML Investors Services LLC lifted its stake in shares of Chart Industries by 3.3% in the third quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company's stock valued at $245,000 after purchasing an additional 63 shares during the period. Virtu Financial LLC acquired a new stake in shares of Chart Industries during the 3rd quarter valued at approximately $251,000. Retirement Systems of Alabama boosted its stake in shares of Chart Industries by 0.9% during the 3rd quarter. Retirement Systems of Alabama now owns 114,841 shares of the industrial products company's stock worth $14,256,000 after acquiring an additional 996 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in shares of Chart Industries by 248.0% in the 3rd 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 during the period. Finally, Principal Financial Group Inc. increased its stake in 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.

Analyst Upgrades and Downgrades

GTLS has been the topic of several research reports. Morgan Stanley lowered their target price on Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. TD Cowen lifted their target price 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. The Goldman Sachs Group reduced their price target on shares of Chart Industries from $197.00 to $173.00 and set a "neutral" rating on the stock in a report on Thursday. Wells Fargo & Company dropped their price objective on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating for the company in a research note on Tuesday, April 1st. Finally, Barclays reduced their target price on 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. Three equities research 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 has an average rating of "Moderate Buy" and an average price target of $197.67.

Insider Buying and Selling

In other news, Director Linda S. Harty bought 500 shares of Chart Industries stock in a transaction that occurred 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 acquisition, the director now owns 11,684 shares of the company's stock, valued at $1,645,691.40. The trade was a 4.47 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jillian C. Evanko purchased 350 shares of the company's stock in a transaction on Thursday, March 6th. The shares were purchased 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 $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 1,109 shares of company stock valued at $160,845. Insiders own 0.95% of the company's stock.

Chart Industries Trading Up 1.8 %

Shares of NYSE:GTLS traded up $2.43 during midday trading on Friday, reaching $135.67. The company's stock had a trading volume of 391,753 shares, compared to its average volume of 711,633. The firm has a market cap of $6.10 billion, a price-to-earnings ratio of 39.32, a price-to-earnings-growth ratio of 0.57 and a beta of 1.68. The business has a 50 day moving average price of $147.33 and a 200 day moving average price of $168.68. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its quarterly earnings results 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). The business had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.25 EPS. Research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current year.

About Chart Industries

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.