Chart Industries, Inc. $GTLS Shares Bought by Inspire Advisors LLC

Inspire Advisors LLC grew its holdings in Chart Industries, Inc. (NYSE:GTLS) by 30.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,530 shares of the industrial products company’s stock after buying an additional 1,513 shares during the quarter. Inspire Advisors LLC’s holdings in Chart Industries were worth $1,075,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP increased its holdings in Chart Industries by 74.5% in the 2nd quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 70 shares in the last quarter. Brooklyn Investment Group grew its position in shares of Chart Industries by 19,900.0% in the first quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 199 shares during the period. SVB Wealth LLC acquired a new stake in shares of Chart Industries in the first quarter valued at about $30,000. Bessemer Group Inc. increased its stake in shares of Chart Industries by 93.0% during the second quarter. Bessemer Group Inc. now owns 193 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Toth Financial Advisory Corp acquired a new position in shares of Chart Industries during the 2nd quarter worth about $33,000.

Chart Industries Trading Up 0.0%

GTLS opened at $203.64 on Wednesday. Chart Industries, Inc. has a 52 week low of $104.60 and a 52 week high of $220.03. The company has a quick ratio of 1.27, a current ratio of 1.40 and a debt-to-equity ratio of 1.08. The business has a fifty day simple moving average of $200.35 and a 200-day simple moving average of $182.77. The firm has a market cap of $9.15 billion, a P/E ratio of 248.34, a P/E/G ratio of 1.15 and a beta of 1.78.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $2.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.24). Chart Industries had a net margin of 1.55% and a return on equity of 14.17%. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the firm posted $2.18 EPS. Chart Industries’s quarterly revenue was up 3.6% compared to the same quarter last year. On average, equities analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

GTLS has been the topic of several research analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Chart Industries in a report on Thursday, November 13th. Hsbc Global Res raised Chart Industries to a “hold” rating in a research note on Wednesday, July 30th. JPMorgan Chase & Co. boosted their price target on Chart Industries from $194.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Seaport Res Ptn lowered Chart Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 30th. Finally, Johnson Rice cut shares of Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 target price on the stock. in a research note on Wednesday, July 30th. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Chart Industries currently has an average rating of “Hold” and a consensus price target of $205.08.

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.