Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC lessened its stake in Chart Industries, Inc. (NYSE:GTLS) by 9.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,759 shares of the industrial products company’s stock after selling 5,264 shares during the quarter. Alpine Woods Capital Investors LLC owned approximately 0.12% of Chart Industries worth $7,056,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of GTLS. Advisors Preferred LLC bought a new position in shares of Chart Industries in the fourth quarter valued at approximately $2,726,000. Asset Management One Co. Ltd. bought a new stake in Chart Industries during the fourth quarter worth approximately $1,366,000. State of Michigan Retirement System boosted its holdings in Chart Industries by 1.0% during the fourth quarter. State of Michigan Retirement System now owns 10,100 shares of the industrial products company’s stock worth $1,377,000 after buying an additional 100 shares in the last quarter. Pallas Capital Advisors LLC boosted its holdings in Chart Industries by 11.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 9,406 shares of the industrial products company’s stock worth $1,282,000 after buying an additional 952 shares in the last quarter. Finally, Kercheville Advisors LLC boosted its holdings in Chart Industries by 8.1% during the fourth quarter. Kercheville Advisors LLC now owns 2,335 shares of the industrial products company’s stock worth $318,000 after buying an additional 175 shares in the last quarter.

Wall Street Analyst Weigh In

Several brokerages recently commented on GTLS. TD Cowen upped their price target on shares of Chart Industries from $230.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, February 29th. UBS Group upgraded shares of Chart Industries from a “neutral” rating to a “buy” rating and upped their price target for the company from $152.00 to $170.00 in a research report on Tuesday, March 19th. Wells Fargo & Company upped their price target on shares of Chart Industries from $155.00 to $172.00 and gave the company an “overweight” rating in a research report on Friday, March 1st. Finally, Raymond James upgraded shares of Chart Industries from an “outperform” rating to a “strong-buy” rating and set a $190.00 price target for the company in a research report on Thursday, January 4th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Chart Industries presently has a consensus rating of “Moderate Buy” and an average price target of $194.42.

Chart Industries Stock Up 1.5 %

GTLS stock opened at $155.63 on Friday. Chart Industries, Inc. has a 12-month low of $105.89 and a 12-month high of $184.65. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 1.22. The company has a market cap of $6.58 billion, a price-to-earnings ratio of 409.55, a PEG ratio of 0.44 and a beta of 1.70. The company has a 50 day moving average of $139.30 and a two-hundred day moving average of $137.49.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings results on Wednesday, February 28th. The industrial products company reported $2.25 EPS for the quarter, topping 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 company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the business posted $1.67 EPS. Chart Industries’s quarterly revenue was up 130.0% on a year-over-year basis. On average, equities analysts anticipate that Chart Industries, Inc. will post 11.64 earnings per share 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.