Chart Industries, Inc. (NYSE:GTLS) Stock Holdings Lessened by Nixon Capital LLC

Nixon Capital LLC trimmed its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,086 shares of the industrial products company's stock after selling 3,901 shares during the quarter. Chart Industries comprises about 5.1% of Nixon Capital LLC's investment portfolio, making the stock its 8th biggest holding. Nixon Capital LLC owned about 0.19% of Chart Industries worth $15,665,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in Chart Industries by 129.6% during the 4th 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 stake in shares of Chart Industries during the fourth quarter valued at approximately $34,000. Blue Trust Inc. increased its position in shares of 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 acquiring an additional 65 shares in the last quarter. Spire Wealth Management raised its holdings in Chart Industries by 183.8% in the 4th 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 last quarter. Finally, Lindbrook Capital LLC lifted its position in Chart Industries by 43.4% in 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 in the last quarter.

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Insiders Place Their Bets

In related news, Director Linda S. Harty bought 500 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average cost of $140.85 per share, with a total value of $70,425.00. Following the completion of the purchase, the director now owns 11,684 shares of the company's stock, valued at approximately $1,645,691.40. The trade was a 4.47 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Gerald F. Vinci purchased 175 shares of Chart Industries stock in a transaction on Wednesday, March 12th. The stock was bought at an average price of $147.89 per share, for a total transaction of $25,880.75. Following the completion of the acquisition, the vice president now owns 475 shares in the company, valued at $70,247.75. The trade was a 58.33 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 1,109 shares of company stock worth $160,845. Corporate insiders own 0.95% of the company's stock.

Chart Industries Stock Performance

Shares of NYSE GTLS traded up $3.22 during trading on Friday, hitting $124.96. The company had a trading volume of 817,649 shares, compared to its average volume of 701,283. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The firm has a market capitalization of $5.71 billion, a P/E ratio of 36.22, a price-to-earnings-growth ratio of 0.57 and a beta of 1.68. The stock has a 50 day simple moving average of $161.53 and a 200 day simple moving average of $168.72.

Chart Industries (NYSE:GTLS - Get Free Report) last released its earnings results on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing analysts' consensus estimates of $3.20 by ($0.54). The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate 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 was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.25 EPS. As a group, analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Citigroup upped their price target on Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Wells Fargo & Company decreased their price objective 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 lowered their price objective on shares of Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Stifel Nicolaus boosted their target price on shares of Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a research note on Tuesday, December 31st. Finally, Barclays dropped their price target on Chart Industries from $165.00 to $160.00 and set an "equal weight" rating on the stock in a research note on Thursday. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $201.42.

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.