Smartleaf Asset Management LLC Purchases 92 Shares of Chart Industries, Inc. (NYSE:GTLS)

Smartleaf Asset Management LLC grew its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 129.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 163 shares of the industrial products company’s stock after purchasing an additional 92 shares during the period. Smartleaf Asset Management LLC’s holdings in Chart Industries were worth $31,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GTLS. Ashton Thomas Securities LLC purchased a new position in Chart Industries during the 3rd quarter valued at about $34,000. Blue Trust Inc. increased its holdings 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 during the period. Spire Wealth Management increased its holdings 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 during the period. Wingate Wealth Advisors Inc. purchased a new position in Chart Industries during the 4th quarter valued at about $56,000. Finally, GAMMA Investing LLC increased its holdings in Chart Industries by 74.0% during the 4th quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock valued at $111,000 after purchasing an additional 247 shares during the period.

Analysts Set New Price Targets

A number of brokerages recently issued reports on GTLS. Wells Fargo & Company reduced their price target on Chart Industries from $215.00 to $214.00 and set an “overweight” rating on the stock in a report on Monday, March 3rd. Barclays boosted their price target on Chart Industries from $145.00 to $165.00 and gave the company an “equal weight” rating in a report on Tuesday, March 4th. Citigroup upped their target price on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. BTIG Research upped their target price on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Raymond James reiterated a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a report on Monday, December 2nd. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $194.08.

Insider Activity at Chart Industries

In other Chart Industries news, VP Gerald F. Vinci bought 175 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were acquired at an average cost of $147.89 per share, for a total transaction of $25,880.75. Following the purchase, the vice president now owns 475 shares in the company, valued at approximately $70,247.75. This trade represents a 58.33 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Linda S. Harty bought 500 shares of the business’s stock in a transaction on Monday, March 10th. The shares were acquired at an average price of $140.85 per share, for a total transaction 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. The trade was a 4.47 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 1,109 shares of company stock valued at $160,845 in the last 90 days. Corporate insiders own 0.95% of the company’s stock.

Chart Industries Stock Down 1.2 %

GTLS stock opened at $145.84 on Thursday. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The firm has a market cap of $6.66 billion, a PE ratio of 42.27, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. The business has a 50 day moving average of $193.53 and a 200 day moving average of $165.32.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data 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 net margin of 4.30% and a return on equity of 13.25%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the business earned $2.25 EPS. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. On average, research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Chart Industries Company 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.