1,206 Shares in Chart Industries, Inc. (NYSE:GTLS) Bought by Prudent Man Advisors LLC

Prudent Man Advisors LLC purchased a new position in Chart Industries, Inc. (NYSE:GTLS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,206 shares of the industrial products company’s stock, valued at approximately $230,000.

A number of other institutional investors also recently bought and sold shares of the stock. Wellington Management Group LLP lifted its position in shares of Chart Industries by 90.9% during the third quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company’s stock worth $68,461,000 after purchasing an additional 262,592 shares during the last quarter. Van Berkom & Associates Inc. bought a new stake in shares of Chart Industries during the fourth quarter worth $35,543,000. Braun Stacey Associates Inc. bought a new stake in shares of Chart Industries during the fourth quarter worth $16,631,000. WCM Investment Management LLC bought a new stake in shares of Chart Industries during the fourth quarter worth $16,239,000. Finally, Victory Capital Management Inc. lifted its position in shares of Chart Industries by 27.4% during the third quarter. Victory Capital Management Inc. now owns 388,736 shares of the industrial products company’s stock worth $48,258,000 after purchasing an additional 83,685 shares during the last quarter.

Chart Industries Price Performance

GTLS opened at $190.58 on Friday. 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 $8.16 billion, a PE ratio of 55.24, a price-to-earnings-growth ratio of 0.57 and a beta of 1.84. The business’s 50-day moving average is $199.68 and its two-hundred day moving average is $163.29. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing the consensus estimate of $3.20 by ($0.54). The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. Chart Industries’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.25 EPS. Research analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on GTLS. Craig Hallum raised their price target on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Stifel Nicolaus raised their price target on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Raymond James restated a “strong-buy” rating and set a $190.00 price target on shares of Chart Industries in a research note on Monday, December 2nd. Citigroup raised their price target on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Finally, BTIG Research raised their price target on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Three investment 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $191.54.

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.