1,657 Shares in Chart Industries, Inc. (NYSE:GTLS) Purchased by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp bought a new stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,657 shares of the industrial products company's stock, valued at approximately $316,000.

Other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company raised its stake in shares of Chart Industries by 0.7% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 56,931 shares of the industrial products company's stock valued at $7,067,000 after acquiring an additional 389 shares during the period. BNP Paribas Financial Markets increased its stake in Chart Industries by 41.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 25,853 shares of the industrial products company's stock worth $3,209,000 after buying an additional 7,634 shares during the period. Glenmede Trust Co. NA lifted its holdings in Chart Industries by 2.4% in the 3rd quarter. Glenmede Trust Co. NA now owns 4,794 shares of the industrial products company's stock worth $595,000 after buying an additional 114 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in Chart Industries by 3.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 59,527 shares of the industrial products company's stock valued at $7,390,000 after buying an additional 2,031 shares during the last quarter. Finally, Holocene Advisors LP acquired a new stake in shares of Chart Industries during the third quarter valued at about $2,558,000.

Chart Industries Stock Performance

GTLS traded up $2.70 on Monday, hitting $118.23. 1,621,107 shares of the company's stock were exchanged, compared to its average volume of 692,299. 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 fifty day moving average of $171.82 and a two-hundred day moving average of $169.38. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03. The firm has a market cap of $5.40 billion, a PE ratio of 34.27, a P/E/G ratio of 0.57 and a beta of 1.68.

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Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings results 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 company had revenue of $1.11 billion during 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%. The company's revenue for the quarter was up 9.0% on a year-over-year basis. During the same period last year, the business posted $2.25 EPS. On average, research analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on GTLS. Citigroup boosted their price target on Chart Industries from $190.00 to $225.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Wells Fargo & Company reduced their target price on Chart Industries from $214.00 to $208.00 and set an "overweight" rating for the company in a research note on Tuesday, April 1st. Morgan Stanley dropped their price target on shares of Chart Industries from $275.00 to $250.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. The Goldman Sachs Group increased their price objective 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. Finally, 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. Three investment 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's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $201.83.

Insider Transactions at Chart Industries

In related news, CEO Jillian C. Evanko acquired 350 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the purchase, the chief executive officer now directly owns 137,666 shares in the company, valued at $20,698,083.10. This trade represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Gerald F. Vinci purchased 175 shares of Chart Industries stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the purchase, the vice president now owns 475 shares in the company, valued at approximately $70,247.75. This trade represents a 58.33 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 1,109 shares of company stock worth $160,845. Insiders own 0.95% of the company's stock.

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.