Hantz Financial Services Inc. Purchases 8,911 Shares of Chart Industries, Inc. (NYSE:GTLS)

Hantz Financial Services Inc. lifted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 98.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,007 shares of the industrial products company's stock after acquiring an additional 8,911 shares during the quarter. Hantz Financial Services Inc.'s holdings in Chart Industries were worth $2,235,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of GTLS. Price T Rowe Associates Inc. MD boosted its stake in Chart Industries by 5.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 32,321 shares of the industrial products company's stock valued at $5,324,000 after acquiring an additional 1,627 shares during the last quarter. Tidal Investments LLC lifted its stake in Chart Industries by 18.1% in the first quarter. Tidal Investments LLC now owns 4,906 shares of the industrial products company's stock valued at $808,000 after purchasing an additional 752 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in Chart Industries by 6.5% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 28,574 shares of the industrial products company's stock valued at $4,707,000 after purchasing an additional 1,753 shares during the period. First Hawaiian Bank increased its position in Chart Industries by 10.8% in the second quarter. First Hawaiian Bank now owns 1,925 shares of the industrial products company's stock worth $278,000 after buying an additional 187 shares during the last quarter. Finally, Moody National Bank Trust Division raised its stake in shares of Chart Industries by 4.2% in the second quarter. Moody National Bank Trust Division now owns 4,810 shares of the industrial products company's stock valued at $694,000 after buying an additional 192 shares during the period.

Analysts Set New Price Targets

Several brokerages recently weighed in on GTLS. Wells Fargo & Company decreased their price objective on Chart Industries from $151.00 to $146.00 and set an "overweight" rating for the company in a report on Thursday, October 3rd. Morgan Stanley raised shares of Chart Industries from an "equal weight" rating to an "overweight" rating and set a $175.00 price target on the stock in a research report on Monday, September 16th. Stifel Nicolaus raised their price objective on shares of Chart Industries from $198.00 to $200.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Craig Hallum boosted their target price on shares of Chart Industries from $199.00 to $207.00 and gave the company a "buy" rating in a report on Monday, November 4th. Finally, Evercore ISI raised Chart Industries to a "strong-buy" rating in a report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Chart Industries currently has an average rating of "Moderate Buy" and an average price target of $178.82.

Insider Buying and Selling at Chart Industries

In other Chart Industries news, Director Paul E. Mahoney purchased 500 shares of the stock in a transaction on Wednesday, September 11th. The stock was acquired at an average cost of $106.55 per share, with a total value of $53,275.00. Following the completion of the purchase, the director now directly owns 2,107 shares of the company's stock, valued at approximately $224,500.85. This trade represents a 31.11 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Linda S. Harty acquired 1,000 shares of Chart Industries stock in a transaction dated Friday, September 13th. The shares were bought at an average cost of $113.50 per share, for a total transaction of $113,500.00. Following the completion of the purchase, the director now directly owns 10,640 shares of the company's stock, valued at approximately $1,207,640. The trade was a 10.37 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 7,152 shares of company stock worth $482,278 over the last 90 days. Corporate insiders own 0.95% of the company's stock.

Chart Industries Price Performance

Shares of GTLS traded down $2.35 during trading hours on Friday, reaching $193.25. 479,043 shares of the company's stock traded hands, compared to its average volume of 1,130,140. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $196.91. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The stock has a market cap of $8.27 billion, a PE ratio of 56.01, a price-to-earnings-growth ratio of 0.99 and a beta of 1.71. The firm's 50 day simple moving average is $143.84 and its 200-day simple moving average is $139.98.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its earnings results on Friday, November 1st. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.56 by ($0.38). The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.10 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The company's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.28 earnings per share. Equities analysts expect that Chart Industries, Inc. will post 9.03 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.