B. Metzler seel. Sohn & Co. AG Grows Stock Position in Chart Industries, Inc. (NYSE:GTLS)

B. Metzler seel. Sohn & Co. AG boosted its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 187.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,946 shares of the industrial products company's stock after acquiring an additional 13,017 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Chart Industries were worth $3,806,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its position 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 worth $31,000 after acquiring an additional 92 shares during the period. Fairway Wealth LLC acquired a new stake in Chart Industries in the 4th quarter valued at about $34,000. Blue Trust Inc. boosted its stake in shares of Chart Industries by 56.0% in the 4th 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 period. Spire Wealth Management grew its position in shares of Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company's stock worth $37,000 after buying an additional 125 shares in the last quarter. Finally, Lindbrook Capital LLC increased its stake in shares of Chart Industries by 43.4% during the fourth quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock worth $44,000 after buying an additional 69 shares during the period.

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Chart Industries Stock Performance

Chart Industries stock traded down $9.27 during mid-day trading on Friday, reaching $115.48. 1,838,447 shares of the company were exchanged, compared to its average volume of 688,583. The firm's 50-day simple moving average is $173.52 and its two-hundred day simple moving average is $169.09. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03. The firm has a market cap of $5.28 billion, a PE ratio of 33.47, a price-to-earnings-growth ratio of 0.57 and a beta of 1.68. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly 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). The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. Chart Industries's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.25 earnings per share. Equities analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several research firms have commented on GTLS. Wells Fargo & Company lowered their price target on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating for the company in a report on Tuesday, April 1st. Morgan Stanley decreased their price target on Chart Industries from $275.00 to $250.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Citigroup increased their price objective on Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Barclays increased their price target on shares of Chart Industries from $145.00 to $165.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 4th. Finally, TD Cowen upped 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 investment 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. According to MarketBeat.com, Chart Industries has an average rating of "Moderate Buy" and a consensus price target of $201.83.

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.