Dimensional Fund Advisors LP lifted its position in Chart Industries, Inc. (NASDAQ:GTLS) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,431,180 shares of the industrial products company’s stock after acquiring an additional 80,677 shares during the quarter. Dimensional Fund Advisors LP owned 7.90% of Chart Industries worth $95,375,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of Chart Industries by 0.7% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 28,895 shares of the industrial products company’s stock worth $1,004,000 after acquiring an additional 200 shares during the last quarter. Texas Permanent School Fund increased its stake in Chart Industries by 0.9% in the 2nd quarter. Texas Permanent School Fund now owns 22,426 shares of the industrial products company’s stock worth $779,000 after buying an additional 207 shares during the period. The Manufacturers Life Insurance Company increased its stake in Chart Industries by 0.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 23,756 shares of the industrial products company’s stock worth $824,000 after buying an additional 215 shares during the period. Municipal Employees Retirement System of Michigan increased its stake in Chart Industries by 3.4% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,240 shares of the industrial products company’s stock worth $251,000 after buying an additional 240 shares during the period. Finally, Suntrust Banks Inc. increased its stake in Chart Industries by 2.0% in the 2nd quarter. Suntrust Banks Inc. now owns 12,692 shares of the industrial products company’s stock worth $439,000 after buying an additional 252 shares during the period. Hedge funds and other institutional investors own 86.65% of the company’s stock.

Chart Industries, Inc. (GTLS) opened at $45.60 on Thursday. The company has a market cap of $1,400.00, a PE ratio of 89.71, a P/E/G ratio of 2.78 and a beta of 1.32. Chart Industries, Inc. has a 12 month low of $32.04 and a 12 month high of $48.78. The company has a quick ratio of 0.74, a current ratio of 1.13 and a debt-to-equity ratio of 0.42.

Chart Industries (NASDAQ:GTLS) last posted its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.07. The company had revenue of $240.50 million for the quarter, compared to the consensus estimate of $235.96 million. Chart Industries had a negative net margin of 0.21% and a positive return on equity of 2.25%. The firm’s revenue was up 17.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.53 EPS. analysts forecast that Chart Industries, Inc. will post 0.84 earnings per share for the current fiscal year.

Several research firms recently commented on GTLS. BidaskClub downgraded shares of Chart Industries from a “buy” rating to a “hold” rating in a research note on Wednesday. Seaport Global Securities raised shares of Chart Industries from a “neutral” rating to a “buy” rating and set a $58.00 price target on the stock in a research note on Friday, October 27th. Northcoast Research raised shares of Chart Industries from a “neutral” rating to a “buy” rating and set a $51.00 price target on the stock in a research note on Monday, October 9th. Johnson Rice reaffirmed a “buy” rating and issued a $48.00 price target (up previously from $42.00) on shares of Chart Industries in a research note on Monday, October 2nd. Finally, Lake Street Capital raised their price target on shares of Chart Industries from $48.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $50.33.

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Chart Industries Profile

Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.

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

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