Chart Industries, Inc. (NYSE:GTLS) Position Increased by Marshall Wace LLP

Marshall Wace LLP grew its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 30.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 121,721 shares of the industrial products company's stock after acquiring an additional 28,072 shares during the period. Marshall Wace LLP owned about 0.28% of Chart Industries worth $17,569,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Beck Capital Management LLC grew its holdings in Chart Industries by 0.8% during the 2nd quarter. Beck Capital Management LLC now owns 28,187 shares of the industrial products company's stock worth $4,068,000 after acquiring an additional 211 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new stake in Chart Industries in the second quarter valued at $91,000. Sei Investments Co. lifted its holdings in Chart Industries by 96.3% during the 2nd quarter. Sei Investments Co. now owns 63,840 shares of the industrial products company's stock worth $9,215,000 after buying an additional 31,313 shares during the last quarter. King Luther Capital Management Corp boosted its position in shares of Chart Industries by 6.3% during the 2nd quarter. King Luther Capital Management Corp now owns 1,002,758 shares of the industrial products company's stock worth $144,738,000 after acquiring an additional 59,322 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new position in shares of Chart Industries in the 2nd quarter valued at about $861,000.

Insider Buying and Selling

In other news, CEO Jillian C. Evanko acquired 440 shares of the company's stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average price of $114.31 per share, with a total value of $50,296.40. Following the acquisition, the chief executive officer now directly owns 125,448 shares in the company, valued at $14,339,960.88. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Chart Industries news, CEO Jillian C. Evanko purchased 440 shares of the firm's stock in a transaction dated Thursday, September 5th. The stock was bought at an average price of $114.31 per share, with a total value of $50,296.40. Following the completion of the purchase, the chief executive officer now owns 125,448 shares in the company, valued at approximately $14,339,960.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Linda S. Harty bought 1,000 shares of the stock in a transaction on Friday, September 13th. The shares were bought at an average cost of $113.50 per share, for a total transaction of $113,500.00. Following the purchase, the director now owns 10,640 shares in the company, valued at approximately $1,207,640. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 7,152 shares of company stock valued at $482,278. Insiders own 0.95% of the company's stock.

Chart Industries Trading Up 1.2 %

Shares of GTLS traded up $1.47 on Friday, hitting $125.70. 479,756 shares of the stock traded hands, compared to its average volume of 612,721. The firm has a market capitalization of $5.38 billion, a P/E ratio of 125.70, a P/E/G ratio of 0.39 and a beta of 1.70. The company has a quick ratio of 0.98, a current ratio of 1.27 and a debt-to-equity ratio of 1.28. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $173.65. The stock's 50 day moving average is $125.80 and its two-hundred day moving average is $142.42.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings data on Friday, August 2nd. The industrial products company reported $2.18 EPS for the quarter, missing analysts' consensus estimates of $2.57 by ($0.39). Chart Industries had a net margin of 2.80% and a return on equity of 12.27%. The business had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $1.11 billion. During the same period in the prior year, the firm earned $1.19 EPS. Chart Industries's revenue for the quarter was up 14.5% on a year-over-year basis. As a group, sell-side analysts predict that Chart Industries, Inc. will post 10.72 earnings per share for the current year.

Wall Street Analyst Weigh In

GTLS has been the subject of several research reports. Craig Hallum reduced their target price on Chart Industries from $229.00 to $199.00 and set a "buy" rating for the company in a report on Monday, August 5th. Morgan Stanley upgraded shares of Chart Industries from an "equal weight" rating to an "overweight" rating and set a $175.00 target price on the stock in a research report on Monday, September 16th. Wells Fargo & Company cut their target price on shares of Chart Industries from $179.00 to $151.00 and set an "overweight" rating on the stock in a report on Tuesday, August 6th. The Goldman Sachs Group lowered their price objective on shares of Chart Industries from $168.00 to $144.00 and set a "neutral" rating on the stock in a research report on Thursday, August 29th. Finally, Barclays decreased their target price on shares of Chart Industries from $193.00 to $147.00 and set an "equal weight" rating for the company in a research note on Tuesday, August 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $180.45.

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.