Capital Advisors Ltd. LLC Has $37,000 Stock Position in Chart Industries, Inc. (NYSE:GTLS)

Capital Advisors Ltd. LLC reduced its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 49.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 272 shares of the industrial products company’s stock after selling 271 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Chart Industries were worth $37,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of GTLS. Nordea Investment Management AB grew its stake in shares of Chart Industries by 5.5% in the fourth quarter. Nordea Investment Management AB now owns 1,948,174 shares of the industrial products company’s stock worth $268,088,000 after acquiring an additional 101,404 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in shares of Chart Industries by 10.4% in the 4th quarter. Vontobel Holding Ltd. now owns 139,774 shares of the industrial products company’s stock valued at $19,055,000 after purchasing an additional 13,155 shares during the last quarter. Asset Management One Co. Ltd. acquired a new position in shares of Chart Industries in the 4th quarter valued at $1,366,000. Peregrine Capital Management LLC grew its position in shares of Chart Industries by 13.0% during the 4th quarter. Peregrine Capital Management LLC now owns 77,666 shares of the industrial products company’s stock worth $10,588,000 after buying an additional 8,938 shares during the period. Finally, Archford Capital Strategies LLC increased its stake in Chart Industries by 50.7% in the fourth quarter. Archford Capital Strategies LLC now owns 2,223 shares of the industrial products company’s stock valued at $303,000 after purchasing an additional 748 shares in the last quarter.

Analyst Upgrades and Downgrades

GTLS has been the topic of a number of research reports. Morgan Stanley began coverage on Chart Industries in a report on Thursday, April 18th. They issued an “equal weight” rating and a $200.00 price target on the stock. UBS Group upgraded shares of Chart Industries from a “neutral” rating to a “buy” rating and raised their target price for the company from $152.00 to $170.00 in a research note on Tuesday, March 19th. Raymond James upgraded shares of Chart Industries from an “outperform” rating to a “strong-buy” rating and set a $190.00 price objective on the stock in a report on Thursday, January 4th. Wells Fargo & Company boosted their price target on Chart Industries from $155.00 to $172.00 and gave the company an “overweight” rating in a research note on Friday, March 1st. Finally, TD Cowen raised their target price on shares of Chart Industries from $230.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, February 29th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $194.85.

Chart Industries Stock Down 1.3 %

Shares of NYSE:GTLS traded down $1.93 during trading on Thursday, hitting $151.02. The stock had a trading volume of 111,694 shares, compared to its average volume of 594,077. The firm’s fifty day moving average is $147.69 and its 200 day moving average is $136.57. 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 company has a market capitalization of $6.35 billion, a PE ratio of 401.76, a PEG ratio of 0.42 and a beta of 1.70. Chart Industries, Inc. has a 12 month low of $106.66 and a 12 month high of $184.65.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings results on Wednesday, February 28th. The industrial products company reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.13 by $0.12. Chart Industries had a return on equity of 9.27% and a net margin of 1.00%. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the company posted $1.67 earnings per share. The company’s quarterly revenue was up 130.0% on a year-over-year basis. Analysts anticipate that Chart Industries, Inc. will post 11.98 EPS for the current fiscal year.

Chart Industries Company 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.