Semanteon Capital Management LP Invests $664,000 in Chart Industries, Inc. (NYSE:GTLS)

Semanteon Capital Management LP purchased a new stake in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,478 shares of the industrial products company's stock, valued at approximately $664,000.

Several other large investors have also recently added to or reduced their stakes in GTLS. Geode Capital Management LLC boosted its position in shares of Chart Industries by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company's stock valued at $123,318,000 after acquiring an additional 19,534 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Chart Industries by 4.2% during the third quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company's stock valued at $99,673,000 after purchasing an additional 32,442 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company's stock valued at $73,551,000 after purchasing an additional 13,181 shares during the period. Wellington Management Group LLP raised its holdings in shares of Chart Industries by 90.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company's stock worth $68,461,000 after buying an additional 262,592 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Chart Industries by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 518,085 shares of the industrial products company's stock worth $98,871,000 after buying an additional 16,197 shares during the period.

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Analyst Ratings Changes

GTLS has been the topic of several analyst reports. Wells Fargo & Company lowered their target price on shares of Chart Industries from $215.00 to $214.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd. Raymond James reaffirmed a "strong-buy" rating and set a $190.00 price objective on shares of Chart Industries in a research note on Monday, December 2nd. Stifel Nicolaus lifted their target price on shares of Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a research note on Tuesday, December 31st. Barclays increased their price target on Chart Industries from $145.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 4th. Finally, BTIG Research lifted their price objective on Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $196.08.

Chart Industries Trading Up 4.8 %

Shares of Chart Industries stock traded up $7.40 during trading on Monday, reaching $162.58. 296,227 shares of the company were exchanged, compared to its average volume of 659,759. The business has a 50-day moving average price of $186.85 and a 200-day moving average price of $167.12. The firm has a market capitalization of $7.43 billion, a price-to-earnings ratio of 47.12, a P/E/G ratio of 0.57 and a beta of 1.87. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03.

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 (EPS) for the quarter, missing the consensus estimate of $3.20 by ($0.54). The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. Chart Industries's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.25 earnings per share. Sell-side analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Insider Buying and Selling at Chart Industries

In related news, CEO Jillian C. Evanko bought 350 shares of the company's stock in a transaction on Thursday, March 6th. The shares were purchased at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the acquisition, the chief executive officer now owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. This represents 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, Director Linda S. Harty bought 500 shares of Chart Industries stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average cost of $140.85 per share, with a total value of $70,425.00. Following the completion of the purchase, the director now owns 11,684 shares in the company, valued at approximately $1,645,691.40. This trade represents a 4.47 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 1,109 shares of company stock valued at $160,845. Corporate insiders own 0.95% of the company's stock.

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.