Flputnam Investment Management Co. Has $3.28 Million Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Flputnam Investment Management Co. grew its stake in Chart Industries, Inc. (NYSE:GTLS) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,206 shares of the industrial products company’s stock after acquiring an additional 108 shares during the period. Flputnam Investment Management Co.’s holdings in Chart Industries were worth $3,283,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. National Bank of Canada FI raised its position in Chart Industries by 328.7% during the third quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company’s stock worth $839,000 after acquiring an additional 5,181 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in shares of Chart Industries by 248.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company’s stock valued at $2,744,000 after purchasing an additional 15,862 shares during the period. Fisher Asset Management LLC lifted its stake in Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock valued at $73,551,000 after purchasing an additional 13,181 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. grew its holdings in Chart Industries by 26.7% during the fourth quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company’s stock worth $1,813,000 after purchasing an additional 2,000 shares during the period. Finally, Blueshift Asset Management LLC acquired a new position in Chart Industries during the third quarter worth approximately $373,000.

Analyst Upgrades and Downgrades

GTLS has been the subject of several research analyst reports. Craig Hallum lifted their target price on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Raymond James reaffirmed a “strong-buy” rating and set a $190.00 price target on shares of Chart Industries in a report on Monday, December 2nd. The Goldman Sachs Group upped their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Citigroup raised their target price on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Finally, Stifel Nicolaus upped their price target on shares of Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $191.54.

Chart Industries Stock Up 4.6 %

Shares of GTLS opened at $190.58 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03. The firm’s 50 day moving average is $199.68 and its 200-day moving average is $163.29. The stock has a market capitalization of $8.16 billion, a PE ratio of 55.24, a P/E/G ratio of 0.57 and a beta of 1.84.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data 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 company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. Chart Industries’s revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.25 earnings per share. Equities research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current year.

Chart Industries 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.