Chart Industries, Inc. (NYSE:GTLS) Holdings Decreased by Natixis Advisors LLC

Natixis Advisors LLC decreased its position in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 21.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,079 shares of the industrial products company's stock after selling 4,721 shares during the quarter. Natixis Advisors LLC's holdings in Chart Industries were worth $3,259,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Smartleaf Asset Management LLC increased its stake in Chart Industries by 129.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock worth $31,000 after buying an additional 92 shares in the last quarter. Fairway Wealth LLC purchased a new stake in Chart Industries during the fourth quarter valued at approximately $34,000. Blue Trust Inc. raised its stake 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 acquiring an additional 65 shares during the period. Spire Wealth Management lifted its stake in Chart Industries by 183.8% in the fourth 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 last quarter. Finally, Lindbrook Capital LLC increased its stake in Chart Industries by 43.4% in the fourth quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company's stock worth $44,000 after purchasing an additional 69 shares during the period.

Insider Transactions at Chart Industries

In related news, Director Linda S. Harty acquired 500 shares of Chart Industries stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average price of $140.85 per share, with a total value 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 position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jillian C. Evanko purchased 350 shares of the company's stock in a transaction on Thursday, March 6th. The shares were bought at an average price of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the transaction, 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. In the last quarter, insiders bought 1,109 shares of company stock worth $160,845. 0.95% of the stock is currently owned by corporate insiders.

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Analysts Set New Price Targets

GTLS has been the subject of several research reports. TD Cowen upped their target price on Chart Industries from $205.00 to $210.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. BTIG Research upped their price target on shares of Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a report on Monday, December 16th. The Goldman Sachs Group increased their price target on shares of Chart Industries from $138.00 to $201.00 and gave the stock a "neutral" rating in a report on Friday, December 20th. Barclays increased their price objective on shares of Chart Industries from $145.00 to $165.00 and gave the company an "equal weight" rating in a report on Tuesday, March 4th. Finally, Raymond James reissued a "strong-buy" rating and issued a $190.00 target price on shares of Chart Industries in a research note on Monday, December 2nd. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $196.08.

Chart Industries Trading Down 2.7 %

GTLS traded down $4.30 during midday trading on Wednesday, hitting $157.02. The company's stock had a trading volume of 301,531 shares, compared to its average volume of 658,625. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. 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 firm has a 50-day moving average price of $185.24 and a two-hundred day moving average price of $167.82. The firm has a market cap of $7.17 billion, a P/E ratio of 45.51, a PEG ratio of 0.57 and a beta of 1.87.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing the consensus estimate of $3.20 by ($0.54). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same quarter last year, the company posted $2.25 earnings per share. Chart Industries's revenue for the quarter was up 9.0% compared to the same quarter last year. On average, research analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share 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.