Thompson Siegel & Walmsley LLC Takes $477,000 Position in Chart Industries, Inc. (NYSE:GTLS)

Thompson Siegel & Walmsley LLC purchased a new position in Chart Industries, Inc. (NYSE:GTLS - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,500 shares of the industrial products company's stock, valued at approximately $477,000.

Other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its stake in shares of Chart Industries by 129.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock worth $31,000 after acquiring an additional 92 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Chart Industries during the 3rd quarter valued at about $34,000. Fairway Wealth LLC bought a new stake in Chart Industries during the 4th quarter valued at about $34,000. Blue Trust Inc. increased its stake in Chart Industries by 56.0% during the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 65 shares in the last quarter. Finally, Spire Wealth Management increased its stake in Chart Industries by 183.8% during the 4th quarter. Spire Wealth Management now owns 193 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 125 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GTLS. Wells Fargo & Company reduced their price objective on shares of Chart Industries from $215.00 to $214.00 and set an "overweight" rating for the company in a research note on Monday, March 3rd. Citigroup raised their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Stifel Nicolaus raised their price objective 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. The Goldman Sachs Group raised their price target on shares of Chart Industries from $138.00 to $201.00 and gave the company a "neutral" rating in a report on Friday, December 20th. Finally, Barclays raised their price target on shares of Chart Industries from $145.00 to $165.00 and gave the company an "equal weight" rating in a report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Chart Industries presently has a consensus rating of "Moderate Buy" and an average price target of $194.08.

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Chart Industries Stock Performance

Shares of GTLS traded up $5.10 on Wednesday, reaching $154.98. The company's stock had a trading volume of 652,550 shares, compared to its average volume of 660,691. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The stock has a market capitalization of $7.08 billion, a P/E ratio of 44.92, a PEG ratio of 0.57 and a beta of 1.87. The stock's 50 day simple moving average is $189.50 and its two-hundred day simple moving average is $166.30. Chart Industries, Inc. has a 12-month low of $101.60 and a 12-month high of $220.03.

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

Insider Buying and Selling at Chart Industries

In other news, CEO Jillian C. Evanko purchased 350 shares of the stock in a transaction on Thursday, March 6th. The shares were acquired 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 directly owns 137,666 shares of the company's stock, valued at $20,698,083.10. This trade represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Linda S. Harty purchased 500 shares of the stock in a transaction on Monday, March 10th. The shares were purchased at an average cost of $140.85 per share, for a total transaction of $70,425.00. Following the acquisition, the director now directly owns 11,684 shares of the company's stock, valued at approximately $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. Insiders have bought 1,109 shares of company stock valued at $160,845 over the last 90 days. 0.95% of the stock is currently owned by corporate insiders.

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.