Chart Industries, Inc. (NYSE:GTLS) Shares Purchased by Community Trust & Investment Co.

Community Trust & Investment Co. boosted its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 0.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 78,189 shares of the industrial products company’s stock after acquiring an additional 272 shares during the quarter. Community Trust & Investment Co. owned about 0.18% of Chart Industries worth $14,922,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in Chart Industries by 504.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 463,466 shares of the industrial products company’s stock worth $66,896,000 after buying an additional 386,821 shares during the last quarter. Point72 Asset Management L.P. increased its stake in shares of Chart Industries by 323.0% in the second quarter. Point72 Asset Management L.P. now owns 416,150 shares of the industrial products company’s stock worth $60,067,000 after acquiring an additional 317,775 shares during the period. Wellington Management Group LLP raised its holdings 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. Driehaus Capital Management LLC lifted its position in Chart Industries by 385.3% during the second quarter. Driehaus Capital Management LLC now owns 197,197 shares of the industrial products company’s stock valued at $28,463,000 after purchasing an additional 156,562 shares during the period. Finally, Primecap Management Co. CA purchased a new stake in Chart Industries in the second quarter valued at $14,333,000.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GTLS. BTIG Research lifted their price objective on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. The Goldman Sachs Group boosted their price target on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Stifel Nicolaus raised their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Craig Hallum increased their price target on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Barclays cut their price objective on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. Three investment 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $188.75.

Chart Industries Stock Performance

NYSE GTLS opened at $204.68 on Wednesday. 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 stock’s 50 day simple moving average is $186.71 and its 200-day simple moving average is $149.82. The company has a market cap of $8.76 billion, a PE ratio of 59.33, a price-to-earnings-growth ratio of 1.01 and a beta of 1.84. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $210.66.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 earnings per share for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.38). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the previous year, the business posted $1.28 EPS. The company’s revenue for the quarter was up 18.3% on a year-over-year basis. As a group, equities research analysts anticipate that Chart Industries, Inc. will post 9.03 EPS for the current fiscal 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.