Chesapeake Capital Corp IL Buys Shares of 2,206 Chart Industries, Inc. (NYSE:GTLS)

Chesapeake Capital Corp IL bought a new position in Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,206 shares of the industrial products company's stock, valued at approximately $421,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GTLS. Xponance Inc. lifted its position in Chart Industries by 4.7% during the fourth quarter. Xponance Inc. now owns 6,031 shares of the industrial products company's stock valued at $1,151,000 after buying an additional 269 shares in the last quarter. Intech Investment Management LLC raised its stake in shares of Chart Industries by 25.4% in the 4th quarter. Intech Investment Management LLC now owns 20,453 shares of the industrial products company's stock valued at $3,903,000 after acquiring an additional 4,140 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of Chart Industries by 13.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 11,158 shares of the industrial products company's stock valued at $2,129,000 after acquiring an additional 1,281 shares in the last quarter. Axxcess Wealth Management LLC purchased a new stake in Chart Industries during the 4th quarter worth $334,000. Finally, Parallel Advisors LLC boosted its position in Chart Industries by 3,830.9% during the 4th quarter. Parallel Advisors LLC now owns 2,673 shares of the industrial products company's stock worth $510,000 after purchasing an additional 2,605 shares during the period.

Analysts Set New Price Targets

GTLS has been the topic of a number of recent research reports. Barclays boosted their price objective on Chart Industries from $145.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 4th. Raymond James reissued a "strong-buy" rating and set a $190.00 price target on shares of Chart Industries in a research report on Monday, December 2nd. Citigroup increased their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. BTIG Research boosted their target price on shares of Chart Industries from $170.00 to $210.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. Finally, The Goldman Sachs Group upped their target price on shares of Chart Industries from $138.00 to $201.00 and gave the company a "neutral" rating in a research note on Friday, December 20th. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $196.08.

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Insider Activity

In related news, VP Gerald F. Vinci acquired 175 shares of Chart Industries stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average price of $147.89 per share, for a total transaction of $25,880.75. Following the transaction, the vice president now directly owns 475 shares of the company's stock, valued at $70,247.75. This trade represents a 58.33 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jillian C. Evanko acquired 350 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were bought 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 owns 137,666 shares in the company, 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. In the last three months, insiders acquired 1,109 shares of company stock valued at $160,845. Company insiders own 0.95% of the company's stock.

Chart Industries Stock Down 0.0 %

Chart Industries stock traded down $0.00 during midday trading on Friday, hitting $155.34. The stock had a trading volume of 1,060,387 shares, compared to its average volume of 661,154. The business has a fifty day moving average price of $186.85 and a 200 day moving average price of $166.74. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The stock has a market cap of $7.10 billion, a P/E ratio of 45.03, a P/E/G ratio of 0.57 and a beta of 1.87. 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 issued its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing analysts' consensus estimates of $3.20 by ($0.54). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the firm posted $2.25 earnings per share. Chart Industries's revenue was up 9.0% compared to the same quarter last year. Research analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.

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.