905 Shares in Chart Industries, Inc. (NYSE:GTLS) Purchased by Sentry Investment Management LLC

Sentry Investment Management LLC purchased a new position in Chart Industries, Inc. (NYSE:GTLS) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 905 shares of the industrial products company’s stock, valued at approximately $123,000.

A number of other institutional investors also recently bought and sold shares of GTLS. Mackenzie Financial Corp lifted its holdings in shares of Chart Industries by 3.5% in the 1st quarter. Mackenzie Financial Corp now owns 2,078 shares of the industrial products company’s stock valued at $357,000 after buying an additional 70 shares during the period. First Republic Investment Management Inc. lifted its holdings in Chart Industries by 4.5% in the first quarter. First Republic Investment Management Inc. now owns 1,739 shares of the industrial products company’s stock valued at $299,000 after acquiring an additional 75 shares during the period. State of Michigan Retirement System boosted its position in Chart Industries by 1.0% in the 4th quarter. State of Michigan Retirement System now owns 10,100 shares of the industrial products company’s stock worth $1,377,000 after purchasing an additional 100 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Chart Industries by 3.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,120 shares of the industrial products company’s stock worth $575,000 after purchasing an additional 100 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Chart Industries by 0.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 11,487 shares of the industrial products company’s stock valued at $1,566,000 after purchasing an additional 104 shares in the last quarter.

Wall Street Analyst Weigh In

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

Chart Industries Stock Down 0.3 %

Shares of GTLS opened at $147.72 on Thursday. Chart Industries, Inc. has a 52-week low of $106.66 and a 52-week 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 stock has a fifty day simple moving average of $144.96 and a two-hundred day simple moving average of $136.77. The company has a market capitalization of $6.21 billion, a PE ratio of 388.74, a price-to-earnings-growth ratio of 0.41 and a beta of 1.70.

Chart Industries (NYSE:GTLS) last issued its earnings results on Wednesday, February 28th. The industrial products company reported $2.25 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $1.09 billion. During the same period in the previous year, the firm earned $1.67 earnings per share. Chart Industries’s quarterly revenue was up 130.0% compared to the same quarter last year. As a group, equities analysts forecast that Chart Industries, Inc. will post 11.79 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.