Tandem Capital Management Corp ADV Has $787,000 Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Tandem Capital Management Corp ADV reduced its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 3.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,125 shares of the industrial products company’s stock after selling 160 shares during the period. Tandem Capital Management Corp ADV’s holdings in Chart Industries were worth $787,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC bought a new position in shares of Chart Industries during the 3rd quarter worth approximately $34,000. Blue Trust Inc. boosted its position in Chart Industries by 56.0% during the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 65 shares during the period. Spire Wealth Management boosted its position in Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 125 shares during the period. UMB Bank n.a. boosted its position in Chart Industries by 418.0% during the third quarter. UMB Bank n.a. now owns 316 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 255 shares during the period. Finally, Mendota Financial Group LLC boosted its position in Chart Industries by 46.2% during the third quarter. Mendota Financial Group LLC now owns 642 shares of the industrial products company’s stock worth $80,000 after purchasing an additional 203 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on GTLS shares. The Goldman Sachs Group lifted their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, December 20th. Craig Hallum lifted their target price on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Stifel Nicolaus lifted their target price on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. BTIG Research lifted 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, Bank of America dropped their target price on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, October 14th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Chart Industries has an average rating of “Moderate Buy” and an average target price of $188.75.

Chart Industries Stock Down 1.3 %

Shares of NYSE GTLS opened at $208.88 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The company has a market cap of $8.94 billion, a price-to-earnings ratio of 60.54, a PEG ratio of 0.63 and a beta of 1.84. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The stock has a 50-day moving average price of $199.30 and a two-hundred day moving average price of $156.43.

Chart Industries (NYSE:GTLS) last released its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.18 earnings per share for the quarter, missing the consensus estimate of $2.56 by ($0.38). The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.10 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The business’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.28 earnings per share. As a group, analysts forecast that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

About Chart Industries

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.