Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. trimmed its position in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 53.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 94,669 shares of the industrial products company's stock after selling 109,812 shares during the quarter. Edmond DE Rothschild Holding S.A. owned about 0.22% of Chart Industries worth $18,067,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Chart Industries by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 4,297,398 shares of the industrial products company's stock worth $820,115,000 after purchasing an additional 59,889 shares during the period. Geode Capital Management LLC boosted its stake in Chart Industries by 2.0% during the third quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company's stock worth $123,318,000 after buying an additional 19,534 shares during the period. Principal Financial Group Inc. increased its position in shares of Chart Industries by 4.2% during the third quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company's stock valued at $99,673,000 after acquiring an additional 32,442 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Chart Industries by 90.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company's stock valued at $68,461,000 after acquiring an additional 262,592 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Chart Industries by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 518,085 shares of the industrial products company's stock worth $98,871,000 after acquiring an additional 16,197 shares during the last quarter.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on GTLS shares. Citigroup lifted their price objective on Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Morgan Stanley cut their price target 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. Wells Fargo & Company cut their target price on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a research note on Tuesday. BTIG Research boosted their price target on shares of Chart Industries from $170.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, December 16th. Finally, TD Cowen upped their price target on Chart Industries from $205.00 to $210.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Chart Industries currently has a consensus rating of "Moderate Buy" and a consensus target price of $201.83.

Chart Industries Stock Performance

Shares of GTLS stock traded down $11.12 during mid-day trading on Friday, hitting $113.63. 954,913 shares of the stock were exchanged, compared to its average volume of 707,604. The stock's fifty day simple moving average is $175.58 and its two-hundred day simple moving average is $168.76. 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, Inc. has a 12-month low of $101.60 and a 12-month high of $220.03. The stock has a market capitalization of $5.19 billion, a price-to-earnings ratio of 32.94, a P/E/G ratio of 0.57 and a beta of 1.87.

Chart Industries (NYSE:GTLS - Get Free Report) last released 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 firm 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%. The company's quarterly revenue was up 9.0% on a year-over-year basis. During the same period last year, the firm earned $2.25 EPS. On average, analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current year.

Insider Activity at Chart Industries

In related news, Director Linda S. Harty acquired 500 shares of Chart Industries stock in a transaction on Monday, March 10th. The stock was purchased at an average cost of $140.85 per share, with a total value of $70,425.00. Following the purchase, the director now directly owns 11,684 shares in the company, valued at approximately $1,645,691.40. The trade was a 4.47 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Gerald F. Vinci acquired 175 shares of the firm's stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the transaction, the vice president now directly owns 475 shares in the company, valued at $70,247.75. This trade represents a 58.33 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 1,109 shares of company stock worth $160,845 in the last 90 days. 0.95% of the stock is owned by insiders.

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.