National Bank of Canada FI Has $839,000 Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

National Bank of Canada FI raised its stake in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 328.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,757 shares of the industrial products company's stock after buying an additional 5,181 shares during the quarter. National Bank of Canada FI's holdings in Chart Industries were worth $839,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Castleark Management LLC acquired a new position in Chart Industries in the third quarter valued at about $2,937,000. Wellington Management Group LLP lifted its holdings in shares of Chart Industries by 90.9% during 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 purchasing an additional 262,592 shares in the last quarter. Stifel Financial Corp grew its position in shares of Chart Industries by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 253,665 shares of the industrial products company's stock valued at $31,490,000 after purchasing an additional 65,615 shares during the period. RBF Capital LLC bought a new stake in Chart Industries during the 3rd quarter worth approximately $4,097,000. Finally, Needham Investment Management LLC raised its holdings in Chart Industries by 37.5% during the 3rd quarter. Needham Investment Management LLC now owns 27,500 shares of the industrial products company's stock worth $3,414,000 after buying an additional 7,500 shares during the period.

Chart Industries Stock Performance

Shares of GTLS traded up $0.01 during mid-day trading on Friday, reaching $197.87. The company's stock had a trading volume of 853,764 shares, compared to its average volume of 660,182. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $201.10. The business has a 50-day simple moving average of $157.96 and a two-hundred day simple moving average of $142.63. The stock has a market cap of $8.47 billion, a P/E ratio of 57.35, a PEG ratio of 1.01 and a beta of 1.86.

Chart Industries (NYSE:GTLS - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 EPS for the quarter, missing analysts' consensus estimates 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 return on equity of 13.25% and a net margin of 4.30%. The company's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period last year, the firm earned $1.28 earnings per share. As a group, equities research analysts anticipate that Chart Industries, Inc. will post 9.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

GTLS has been the subject of several research reports. Barclays lowered their price objective on shares of Chart Industries from $146.00 to $145.00 and set an "equal weight" rating for the company in a research report on Monday, November 4th. Bank of America lowered their target price on Chart Industries from $185.00 to $165.00 and set a "buy" rating for the company in a report on Monday, October 14th. Craig Hallum boosted their price target on Chart Industries from $199.00 to $207.00 and gave the company a "buy" rating in a report on Monday, November 4th. Stifel Nicolaus increased their price objective on Chart Industries from $198.00 to $200.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Finally, Wells Fargo & Company cut their target price on Chart Industries from $151.00 to $146.00 and set an "overweight" rating on the stock in a research note on Thursday, October 3rd. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock 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 Linda S. Harty purchased 5,000 shares of the firm's stock in a transaction that occurred on Monday, September 16th. The shares were acquired at an average cost of $48.05 per share, for a total transaction of $240,250.00. Following the completion of the purchase, the director now owns 5,000 shares of the company's stock, valued at approximately $240,250. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.