Chart Industries, Inc. (NYSE:GTLS) Stock Holdings Raised by Schroder Investment Management Group

Schroder Investment Management Group boosted its position in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 16.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,215 shares of the industrial products company's stock after purchasing an additional 8,507 shares during the period. Schroder Investment Management Group owned about 0.14% of Chart Industries worth $11,286,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. National Bank of Canada FI increased its position in Chart Industries by 328.7% during the third quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company's stock worth $839,000 after buying an additional 5,181 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its stake in Chart Industries by 248.0% in the 3rd 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 last quarter. Mitsubishi UFJ Asset Management UK Ltd. boosted its stake 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 purchasing an additional 2,000 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Chart Industries by 16.1% during the third quarter. Nomura Asset Management Co. Ltd. now owns 95,943 shares of the industrial products company's stock worth $11,910,000 after buying an additional 13,289 shares in the last quarter. Finally, Connective Portfolio Management LLC acquired a new position in shares of Chart Industries in the fourth quarter valued at approximately $725,000.

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Insider Transactions at Chart Industries

In related news, CEO Jillian C. Evanko purchased 350 shares of Chart Industries stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average cost of $150.35 per share, with a total value of $52,622.50. Following the transaction, the chief executive officer now owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. The trade was a 0.25 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Gerald F. Vinci acquired 175 shares of the stock in a transaction on Wednesday, March 12th. The stock was purchased at an average cost of $147.89 per share, with a total value of $25,880.75. Following the transaction, the vice president now directly owns 475 shares of the company's stock, valued at $70,247.75. This represents a 58.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 1,109 shares of company stock valued at $160,845 over the last quarter. Company insiders own 0.95% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Morgan Stanley decreased their target price on shares of Chart Industries from $275.00 to $250.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Citigroup lifted their price objective on Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. TD Cowen increased their target price on Chart Industries from $205.00 to $210.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. BTIG Research lifted their price target on Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a report on Monday, December 16th. Finally, Barclays increased their price objective on shares of Chart Industries from $145.00 to $165.00 and gave the stock an "equal weight" rating in a report on Tuesday, March 4th. Three equities research 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's stock. Based on data from MarketBeat, Chart Industries presently has an average rating of "Moderate Buy" and an average price target of $201.83.

Chart Industries Trading Down 3.1 %

GTLS stock traded down $3.64 during midday trading on Tuesday, reaching $114.64. 1,158,198 shares of the company's stock traded hands, compared to its average volume of 695,494. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03. The business has a 50-day moving average price of $168.17 and a two-hundred day moving average price of $168.94. The company has a market capitalization of $5.24 billion, a P/E ratio of 33.23, a PEG ratio of 0.57 and a beta of 1.68.

Chart Industries (NYSE:GTLS - Get Free Report) last posted 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 business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the previous year, the firm posted $2.25 EPS. The business's revenue was up 9.0% compared to the same quarter last year. Equities research analysts forecast that Chart Industries, Inc. will post 9.02 EPS 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.