Loomis Sayles & Co. L P Buys 5,026 Shares of Chart Industries, Inc. (NYSE:GTLS)

Loomis Sayles & Co. L P raised its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 80,127 shares of the industrial products company’s stock after purchasing an additional 5,026 shares during the period. Loomis Sayles & Co. L P owned 0.19% of Chart Industries worth $15,292,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in Chart Industries in the 4th quarter worth about $316,000. Pier Capital LLC increased its stake in shares of Chart Industries by 3.1% in the fourth quarter. Pier Capital LLC now owns 61,382 shares of the industrial products company’s stock worth $11,714,000 after purchasing an additional 1,865 shares in the last quarter. First American Trust FSB raised its position in shares of Chart Industries by 1.9% in the fourth quarter. First American Trust FSB now owns 38,024 shares of the industrial products company’s stock valued at $7,256,000 after purchasing an additional 718 shares during the period. FineMark National Bank & Trust lifted its stake in shares of Chart Industries by 3.4% during the 4th quarter. FineMark National Bank & Trust now owns 50,764 shares of the industrial products company’s stock valued at $9,688,000 after buying an additional 1,687 shares in the last quarter. Finally, EFG Asset Management North America Corp. boosted its holdings in Chart Industries by 19.8% in the 4th quarter. EFG Asset Management North America Corp. now owns 20,632 shares of the industrial products company’s stock worth $3,944,000 after buying an additional 3,403 shares during the period.

Chart Industries Stock Down 4.0 %

Shares of NYSE:GTLS opened at $147.48 on Friday. The firm has a market capitalization of $6.74 billion, a PE ratio of 42.75, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. The firm has a fifty day moving average of $181.51 and a 200 day moving average of $167.91.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing the consensus estimate of $3.20 by ($0.54). The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 9.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.25 earnings per share. As a group, research analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Insiders Place Their Bets

In other Chart Industries news, CEO Jillian C. Evanko purchased 350 shares of the business’s stock in a transaction on Thursday, March 6th. The stock was acquired at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the completion of the transaction, the chief executive officer now directly owns 137,666 shares in the company, valued at approximately $20,698,083.10. This represents a 0.25 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Gerald F. Vinci acquired 175 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was bought at an average price of $147.89 per share, for a total transaction of $25,880.75. Following the acquisition, the vice president now owns 475 shares of the company’s stock, valued at approximately $70,247.75. This trade represents a 58.33 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 1,109 shares of company stock valued at $160,845. 0.95% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on GTLS shares. TD Cowen boosted their target price on shares of Chart Industries from $205.00 to $210.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Raymond James reiterated a “strong-buy” rating and set a $190.00 price objective on shares of Chart Industries in a research note on Monday, December 2nd. Barclays raised their target price on Chart Industries from $145.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 4th. Citigroup upped their price target on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Finally, Morgan Stanley cut their price objective on shares of Chart Industries from $275.00 to $250.00 and set an “overweight” rating for the company in a research report on Thursday. Three analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $202.33.

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.