Gilder Gagnon Howe & Co. LLC Raises Holdings in Chart Industries, Inc. (NYSE:GTLS)

Gilder Gagnon Howe & Co. LLC raised its stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 262,073 shares of the industrial products company's stock after purchasing an additional 10,251 shares during the period. Gilder Gagnon Howe & Co. LLC owned 0.61% of Chart Industries worth $50,014,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital Analysts LLC purchased a new position in Chart Industries during the 4th quarter worth approximately $25,000. Smartleaf Asset Management LLC grew 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 last quarter. Fairway Wealth LLC acquired a new position in shares of Chart Industries in the 4th quarter valued at $34,000. Blue Trust Inc. raised its position in 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 purchasing an additional 65 shares during the last quarter. Finally, Spire Wealth Management boosted its stake in Chart Industries by 183.8% during the 4th quarter. Spire Wealth Management now owns 193 shares of the industrial products company's stock worth $37,000 after purchasing an additional 125 shares during the period.

Insider Activity at Chart Industries

In other Chart Industries news, Director Linda S. Harty acquired 500 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were acquired 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 directly owns 11,684 shares of the company's stock, valued at $1,645,691.40. This trade represents a 4.47 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Jillian C. Evanko bought 350 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired 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 approximately $20,698,083.10. The trade was a 0.25 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders bought 1,109 shares of company stock valued at $160,845. 0.99% of the stock is owned by insiders.

Wall Street Analyst Weigh In

GTLS has been the subject of a number of research reports. Wells Fargo & Company reduced their target price 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. Stifel Nicolaus lowered their target price on Chart Industries from $231.00 to $214.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. TD Cowen upped their price target on Chart Industries from $205.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. Citigroup lifted 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. Finally, The Goldman Sachs Group reduced their target price on shares of Chart Industries from $197.00 to $173.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. Three 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 company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $197.67.

Chart Industries Price Performance

GTLS traded up $0.72 during midday trading on Tuesday, reaching $135.75. 470,713 shares of the company's stock were exchanged, compared to its average volume of 709,358. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The stock has a market capitalization of $6.10 billion, a PE ratio of 39.35, a P/E/G ratio of 0.57 and a beta of 1.68. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The business's 50-day moving average price is $146.13 and its 200 day moving average price is $169.34.

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