Legal & General Group Plc Has $12.96 Million Position in Chart Industries, Inc. (NYSE:GTLS)

Legal & General Group Plc reduced its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,899 shares of the industrial products company's stock after selling 3,491 shares during the period. Legal & General Group Plc owned approximately 0.16% of Chart Industries worth $12,958,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Archford Capital Strategies LLC boosted its position in shares of Chart Industries by 2.2% during the 4th quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company's stock valued at $433,000 after purchasing an additional 48 shares in the last quarter. MML Investors Services LLC boosted its holdings in Chart Industries by 3.3% during the third quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company's stock worth $245,000 after buying an additional 63 shares in the last quarter. Assetmark Inc. grew its position in Chart Industries by 3.0% in the fourth quarter. Assetmark Inc. now owns 2,185 shares of the industrial products company's stock worth $417,000 after buying an additional 64 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock valued at $35,000 after buying an additional 65 shares in the last quarter. Finally, Lindbrook Capital LLC boosted its stake in shares of Chart Industries by 43.4% during the 4th quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock worth $44,000 after acquiring an additional 69 shares in the last quarter.

Insider Activity at Chart Industries

In other news, Director Linda S. Harty purchased 500 shares of the business's stock in a transaction on Monday, March 10th. The stock was purchased at an average price of $140.85 per share, with a total value of $70,425.00. Following the acquisition, 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 position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jillian C. Evanko acquired 350 shares of the firm's stock in a transaction dated Thursday, March 6th. The shares were purchased at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the acquisition, the chief executive officer now directly owns 137,666 shares in the company, valued at $20,698,083.10. This represents a 0.25 % 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 company insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on GTLS shares. TD Cowen increased their price target on Chart Industries from $205.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. The Goldman Sachs Group boosted their price target on shares of Chart Industries from $138.00 to $201.00 and gave the company a "neutral" rating in a report on Friday, December 20th. Citigroup lifted their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Stifel Nicolaus lifted their price target on Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a report on Tuesday, December 31st. Finally, Wells Fargo & Company decreased their price objective on Chart Industries from $214.00 to $208.00 and set an "overweight" rating for the company in a research report on Tuesday, April 1st. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $201.42.

Chart Industries Stock Performance

GTLS traded up $3.80 on Friday, hitting $128.61. The company had a trading volume of 620,396 shares, compared to its average volume of 703,697. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of 37.28, a price-to-earnings-growth 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 company's fifty day moving average price is $154.07 and its 200 day moving average price is $168.53. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 earnings per share (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 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 quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.25 earnings per share. Equities analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

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.