Chart Industries, Inc. (NYSE:GTLS) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,297,398 shares of the industrial products company's stock after purchasing an additional 59,889 shares during the period. Vanguard Group Inc. owned about 10.04% of Chart Industries worth $820,115,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in GTLS. Geode Capital Management LLC boosted its position in Chart Industries by 2.0% in 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 buying an additional 19,534 shares during the period. Principal Financial Group Inc. raised its stake in shares of Chart Industries by 4.2% in 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 acquiring an additional 32,442 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Chart Industries by 90.9% in the third quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company's stock valued at $68,461,000 after purchasing an additional 262,592 shares during the period. Charles Schwab Investment Management Inc. grew its stake in 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 purchasing an additional 16,197 shares in the last quarter. Finally, GW&K Investment Management LLC increased its holdings in Chart Industries by 1.5% during the 4th quarter. GW&K Investment Management LLC now owns 516,658 shares of the industrial products company's stock worth $98,599,000 after purchasing an additional 7,669 shares during the period.

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Chart Industries Stock Performance

Shares of GTLS stock traded down $26.63 during trading hours on Thursday, hitting $124.69. The stock had a trading volume of 1,551,573 shares, compared to its average volume of 681,852. 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 firm has a market capitalization of $5.70 billion, a PE ratio of 36.14, a PEG ratio of 0.57 and a beta of 1.87. The stock's 50 day moving average is $175.58 and its 200 day moving average is $168.76. 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 issued its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share 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 analyst estimates of $1.17 billion. During the same quarter in the prior year, the company earned $2.25 EPS. The firm's revenue for the quarter was up 9.0% on a year-over-year basis. As a group, research analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Insider Activity at Chart Industries

In related news, CEO Jillian C. Evanko purchased 350 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was acquired at an average price of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the purchase, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Linda S. Harty acquired 500 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average price of $140.85 per share, for a total transaction of $70,425.00. Following the completion of the transaction, the director now owns 11,684 shares in the company, valued at $1,645,691.40. The trade was a 4.47 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 1,109 shares of company stock worth $160,845 in the last quarter. Company insiders own 0.95% of the company's stock.

Analyst Ratings Changes

GTLS has been the subject of a number of analyst reports. TD Cowen boosted their price objective on Chart Industries from $205.00 to $210.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Citigroup boosted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. BTIG Research increased their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Stifel Nicolaus lifted their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. Finally, Wells Fargo & Company dropped their target price on Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a report on Tuesday. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $201.83.

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.