Schonfeld Strategic Advisors LLC bought a new stake in Chart Industries, Inc. (NYSE:GTLS – Free Report) during the third quarter, HoldingsChannel reports. The firm bought 7,816 shares of the industrial products company’s stock, valued at approximately $1,322,000.
A number of other institutional investors have also modified their holdings of the stock. KB Financial Partners LLC bought a new stake in shares of Chart Industries during the 1st quarter valued at about $28,000. Belpointe Asset Management LLC grew its position in shares of Chart Industries by 164.6% during the 1st quarter. Belpointe Asset Management LLC now owns 217 shares of the industrial products company’s stock valued at $27,000 after buying an additional 135 shares during the last quarter. Moisand Fitzgerald Tamayo LLC grew its position in shares of Chart Industries by 645.2% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 231 shares of the industrial products company’s stock valued at $39,000 after buying an additional 200 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. bought a new stake in shares of Chart Industries during the 2nd quarter valued at about $38,000. Finally, Pinebridge Investments L.P. bought a new stake in shares of Chart Industries during the 2nd quarter valued at about $39,000.
Chart Industries Trading Down 0.8 %
Chart Industries stock opened at $143.42 on Friday. The firm has a 50 day simple moving average of $129.14 and a 200-day simple moving average of $140.38. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.19 and a quick ratio of 0.88. The stock has a market capitalization of $6.06 billion, a PE ratio of 377.42, a price-to-earnings-growth ratio of 0.43 and a beta of 1.69. Chart Industries, Inc. has a 12-month low of $101.44 and a 12-month high of $184.65.
Chart Industries (NYSE:GTLS – Get Free Report) last released its earnings results on Wednesday, February 28th. The industrial products company reported $2.25 EPS for the quarter, beating the consensus estimate of $2.13 by $0.12. Chart Industries had a net margin of 1.00% and a return on equity of 9.27%. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the business earned $1.67 earnings per share. The business’s quarterly revenue was up 130.0% on a year-over-year basis. As a group, equities research analysts expect that Chart Industries, Inc. will post 11.46 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
GTLS has been the subject of a number of recent research reports. UBS Group assumed coverage on shares of Chart Industries in a research report on Friday, January 26th. They set a “neutral” rating and a $136.00 price objective for the company. TD Cowen upped their target price on shares of Chart Industries from $230.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, February 29th. Wells Fargo & Company upped their target price on shares of Chart Industries from $155.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Stifel Nicolaus restated a “buy” rating and issued a $224.00 target price on shares of Chart Industries in a research report on Wednesday, November 29th. Finally, The Goldman Sachs Group decreased their target price on shares of Chart Industries from $167.00 to $149.00 and set a “neutral” rating for the company in a research report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Chart Industries currently has a consensus rating of “Moderate Buy” and an average price target of $193.54.
Insider Activity at Chart Industries
In other Chart Industries news, Director Linda S. Harty bought 500 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was acquired at an average cost of $134.44 per share, with a total value of $67,220.00. Following the completion of the purchase, the director now directly owns 7,310 shares in the company, valued at $982,756.40. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In other Chart Industries news, Director Linda S. Harty bought 500 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was acquired at an average cost of $134.44 per share, with a total value of $67,220.00. Following…
Read More: Schonfeld Strategic Advisors LLC Takes Position in Chart Industries, Inc.