Fisher Asset Management LLC Sells 98,419 Shares of Chart Industries, Inc. (NYSE:GTLS)

Fisher Asset Management LLC decreased its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 14.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 591,013 shares of the industrial products company's stock after selling 98,419 shares during the period. Fisher Asset Management LLC owned approximately 1.40% of Chart Industries worth $80,573,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in GTLS. Nordea Investment Management AB increased its position in shares of Chart Industries by 5.5% in the fourth quarter. Nordea Investment Management AB now owns 1,948,174 shares of the industrial products company's stock worth $268,088,000 after purchasing an additional 101,404 shares during the period. 1492 Capital Management LLC acquired a new position in shares of Chart Industries in the 4th quarter valued at approximately $1,509,000. Vontobel Holding Ltd. raised its position in shares of Chart Industries by 10.4% in the 4th quarter. Vontobel Holding Ltd. now owns 139,774 shares of the industrial products company's stock valued at $19,055,000 after buying an additional 13,155 shares in the last quarter. GW&K Investment Management LLC lifted its holdings in shares of Chart Industries by 13.0% during the 4th quarter. GW&K Investment Management LLC now owns 393,223 shares of the industrial products company's stock worth $53,608,000 after acquiring an additional 45,215 shares during the period. Finally, Stifel Financial Corp boosted its position in shares of Chart Industries by 49.3% during the 4th quarter. Stifel Financial Corp now owns 125,543 shares of the industrial products company's stock worth $17,115,000 after acquiring an additional 41,446 shares in the last quarter.

Chart Industries Trading Up 1.3 %

Shares of GTLS stock traded up $1.76 on Monday, hitting $142.40. The company had a trading volume of 497,602 shares, compared to its average volume of 571,246. Chart Industries, Inc. has a twelve month low of $109.48 and a twelve month high of $184.65. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.95 and a current ratio of 1.25. The firm has a market cap of $6.09 billion, a P/E ratio of 142.46, a P/E/G ratio of 0.39 and a beta of 1.72. The stock's 50-day moving average is $151.81 and its two-hundred day moving average is $140.91.

Chart Industries (NYSE:GTLS - Get Free Report) last released its earnings results on Friday, May 3rd. The industrial products company reported $1.49 earnings per share for the quarter, missing analysts' consensus estimates of $1.88 by ($0.39). Chart Industries had a net margin of 1.59% and a return on equity of 9.49%. The firm had revenue of $950.70 million for the quarter, compared to analyst estimates of $970.91 million. During the same period in the prior year, the company posted $1.41 EPS. The business's revenue for the quarter was up 76.7% compared to the same quarter last year. On average, equities research analysts anticipate that Chart Industries, Inc. will post 11.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on GTLS shares. Morgan Stanley began coverage on shares of Chart Industries in a research report on Thursday, April 18th. They set an "equal weight" rating and a $200.00 price objective for the company. Wells Fargo & Company raised their price objective on Chart Industries from $155.00 to $172.00 and gave the company an "overweight" rating in a research note on Friday, March 1st. Piper Sandler increased their target price on shares of Chart Industries from $151.00 to $160.00 and gave the stock a "neutral" rating in a report on Monday, May 6th. Stifel Nicolaus decreased their price target on shares of Chart Industries from $224.00 to $220.00 and set a "buy" rating on the stock in a report on Monday, May 6th. Finally, TD Cowen upped their price objective on shares of Chart Industries from $260.00 to $265.00 and gave the stock a "buy" rating in a research report on Monday, May 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $197.57.

Chart Industries 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.