Chart Industries, Inc. (NYSE:GTLS) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale cut its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 13.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 188,000 shares of the industrial products company's stock after selling 30,000 shares during the period. DekaBank Deutsche Girozentrale owned about 0.44% of Chart Industries worth $26,820,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in GTLS. SCP Investment LP bought a new position in Chart Industries during the 4th quarter valued at about $528,000. Principal Securities Inc. bought a new position in Chart Industries during the 4th quarter valued at about $89,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Chart Industries by 15.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,283 shares of the industrial products company's stock valued at $564,000 after purchasing an additional 564 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Chart Industries by 60.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 12,951 shares of the industrial products company's stock valued at $1,766,000 after purchasing an additional 4,856 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its holdings in Chart Industries by 84.0% during the 4th quarter. Kingsview Wealth Management LLC now owns 15,243 shares of the industrial products company's stock valued at $2,078,000 after purchasing an additional 6,958 shares during the last quarter.

Insider Transactions at Chart Industries

In other Chart Industries news, Director Linda S. Harty purchased 1,000 shares of the firm's stock in a transaction dated Friday, September 13th. The shares were purchased at an average cost of $113.50 per share, with a total value of $113,500.00. Following the completion of the purchase, the director now owns 10,640 shares in the company, valued at approximately $1,207,640. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Jillian C. Evanko acquired 440 shares of the business's stock in a transaction that occurred on Thursday, September 5th. The stock was purchased at an average cost of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the transaction, the chief executive officer now owns 125,448 shares in the company, valued at $14,339,960.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Linda S. Harty acquired 1,000 shares of the business's stock in a transaction that occurred on Friday, September 13th. The shares were purchased at an average price of $113.50 per share, with a total value of $113,500.00. Following the completion of the transaction, the director now owns 10,640 shares of the company's stock, valued at approximately $1,207,640. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 1,940 shares of company stock valued at $217,071. Corporate insiders own 0.95% of the company's stock.

Wall Street Analyst Weigh In

GTLS has been the subject of several research reports. Wells Fargo & Company lowered their price objective on shares of Chart Industries from $179.00 to $151.00 and set an "overweight" rating for the company in a research report on Tuesday, August 6th. Bank of America boosted their price objective on shares of Chart Industries from $180.00 to $185.00 and gave the company a "buy" rating in a research report on Monday, July 15th. Evercore ISI raised shares of Chart Industries to a "strong-buy" rating in a research report on Monday, August 5th. The Goldman Sachs Group lowered their price objective on shares of Chart Industries from $168.00 to $144.00 and set a "neutral" rating for the company in a research report on Thursday, August 29th. Finally, Stifel Nicolaus reissued a "buy" rating and issued a $199.00 price objective on shares of Chart Industries in a research report on Monday, August 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $187.46.

Chart Industries Price Performance

GTLS traded up $3.36 during midday trading on Friday, hitting $114.98. 949,808 shares of the company traded hands, compared to its average volume of 606,899. The company has a current ratio of 1.27, a quick ratio of 0.98 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $4.92 billion, a price-to-earnings ratio of 114.98, a PEG ratio of 0.35 and a beta of 1.70. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $177.21. The business has a 50 day simple moving average of $132.10 and a two-hundred day simple moving average of $143.87.

Chart Industries (NYSE:GTLS - Get Free Report) last posted its quarterly earnings data on Friday, August 2nd. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.57 by ($0.39). The company had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.11 billion. Chart Industries had a net margin of 2.80% and a return on equity of 12.27%. The business's revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.19 earnings per share. On average, equities analysts forecast that Chart Industries, Inc. will post 10.57 earnings per share for the current fiscal year.

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.