Riposte Capital LLC Invests $13.36 Million in Chart Industries, Inc. (NYSE:GTLS)

Riposte Capital LLC purchased a new position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 70,000 shares of the industrial products company's stock, valued at approximately $13,359,000. Chart Industries comprises 2.6% of Riposte Capital LLC's investment portfolio, making the stock its 6th biggest position. Riposte Capital LLC owned approximately 0.16% of Chart Industries as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. National Bank of Canada FI lifted its holdings in Chart Industries by 328.7% in the 3rd quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company's stock worth $839,000 after purchasing an additional 5,181 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in shares of Chart Industries by 248.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company's stock valued at $2,744,000 after purchasing an additional 15,862 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Chart Industries by 2.3% in the third quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company's stock worth $73,551,000 after buying an additional 13,181 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. boosted its holdings in shares of Chart Industries by 26.7% during the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company's stock worth $1,813,000 after buying an additional 2,000 shares during the period. Finally, Blueshift Asset Management LLC acquired a new position in Chart Industries in the 3rd quarter valued at $373,000.

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Insider Buying and Selling at Chart Industries

In other news, CEO Jillian C. Evanko acquired 350 shares of the company's stock in a transaction dated Thursday, March 6th. The stock was bought at an average price of $150.35 per share, with a total value of $52,622.50. Following the completion of the acquisition, the chief executive officer now owns 137,666 shares in the company, valued at approximately $20,698,083.10. This represents a 0.25 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Linda S. Harty bought 500 shares of Chart Industries stock in a transaction dated Monday, March 10th. The stock was acquired at an average cost of $140.85 per share, for a total transaction of $70,425.00. Following the completion of the acquisition, the director now directly owns 11,684 shares in the company, valued at $1,645,691.40. This represents a 4.47 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 1,109 shares of company stock valued at $160,845. 0.95% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

GTLS has been the subject of a number of research analyst reports. Barclays boosted their target price on shares of Chart Industries from $145.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 4th. Stifel Nicolaus increased their target price on Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a research note on Tuesday, December 31st. TD Cowen raised their target price on Chart Industries from $205.00 to $210.00 and gave the company a "buy" rating in a report on Monday, March 3rd. The Goldman Sachs Group upped their price target on Chart Industries from $138.00 to $201.00 and gave the stock a "neutral" rating in a report on Friday, December 20th. Finally, Morgan Stanley lowered their price objective on shares of Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a research note on Thursday. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $202.33.

Chart Industries Price Performance

Shares of NYSE:GTLS traded down $6.15 during midday trading on Friday, reaching $147.48. 477,035 shares of the company's stock were exchanged, compared to its average volume of 677,880. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The company's 50 day simple moving average is $181.51 and its two-hundred day simple moving average is $167.91. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The firm has a market capitalization of $6.74 billion, a PE ratio of 42.75, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87.

Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing analysts' consensus estimates of $3.20 by ($0.54). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the business earned $2.25 EPS. The firm's revenue for the quarter was up 9.0% on a year-over-year basis. Equities research analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

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.