Nationwide Fund Advisors increased its stake in shares of Chart Industries Inc. (NASDAQ:GTLS) by 6.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,080 shares of the company’s stock after buying an additional 2,540 shares during the period. Nationwide Fund Advisors owned approximately 0.14% of Chart Industries worth $1,447,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Acrospire Investment Management LLC raised its position in shares of Chart Industries by 162.5% in the second quarter. Acrospire Investment Management LLC now owns 4,200 shares of the company’s stock valued at $101,000 after buying an additional 2,600 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Chart Industries by 14.0% in the second quarter. Teacher Retirement System of Texas now owns 4,249 shares of the company’s stock valued at $103,000 after buying an additional 523 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in shares of Chart Industries during the second quarter valued at $113,000. Independent Portfolio Consultants Inc. bought a new position in shares of Chart Industries during the second quarter valued at $135,000. Finally, Mason Street Advisors LLC bought a new position in shares of Chart Industries during the second quarter valued at $144,000. 89.87% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Chart Industries (NASDAQ:GTLS)

Chart Industries Inc. (NASDAQ:GTLS) traded down 0.78% during trading on Monday, reaching $34.56. Chart Industries Inc. has a 12 month low of $13.27 and a 12 month high of $35.57. The stock has a 50 day moving average of $31.94 and a 200 day moving average of $29.00. The company’s market cap is $1.06 billion.

Chart Industries (NASDAQ:GTLS) last posted its quarterly earnings data on Thursday, October 27th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.41. The firm had revenue of $203.90 million for the quarter, compared to the consensus estimate of $220.37 million. Chart Industries had a negative net margin of 21.93% and a positive return on equity of 6.10%. The business’s revenue for the quarter was down 22.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.26 EPS. Equities analysts anticipate that Chart Industries Inc. will post $1.25 earnings per share for the current fiscal year.

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Several equities analysts have recently weighed in on GTLS shares. Zacks Investment Research raised shares of Chart Industries from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research report on Wednesday, November 2nd. Gabelli started coverage on shares of Chart Industries in a research report on Tuesday, October 11th. They issued a “buy” rating and a $51.00 price objective on the stock. Evercore ISI lowered shares of Chart Industries from a “buy” rating to a “hold” rating in a research report on Monday, October 31st. Lake Street Capital lowered shares of Chart Industries from a “buy” rating to a “hold” rating and dropped their price objective for the company from $34.00 to $32.00 in a research report on Friday, October 28th. Finally, Craig Hallum lowered shares of Chart Industries from a “buy” rating to a “hold” rating and dropped their price objective for the company from $35.00 to $33.00 in a research report on Friday, October 28th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $30.50.

Chart Industries Company Profile

Chart Industries, Inc (Chart) is a diversified manufacturer of engineered equipment for the industrial gas, energy, and biomedical industries. The Company’s equipment and engineered systems are used for low-temperature and cryogenic applications. It operates through three segments, including Energy & Chemicals (E&C), Distribution & Storage (D&S), and BioMedical.

5 Day Chart for NASDAQ:GTLS

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