Blair William & Co. IL Raises Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Blair William & Co. IL lifted its stake in shares of Chart Industries, Inc. (NYSE:GTLS - Get Rating) by 73.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,045 shares of the industrial products company's stock after buying an additional 2,989 shares during the quarter. Blair William & Co. IL's holdings in Chart Industries were worth $812,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ronald Blue Trust Inc. grew its holdings in Chart Industries by 200.0% in the fourth quarter. Ronald Blue Trust Inc. now owns 159 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 106 shares during the last quarter. KB Financial Partners LLC acquired a new position in shares of Chart Industries in the 1st quarter valued at approximately $28,000. Quadrant Capital Group LLC grew its stake in Chart Industries by 121.2% during the 3rd quarter. Quadrant Capital Group LLC now owns 292 shares of the industrial products company's stock worth $54,000 after buying an additional 160 shares during the last quarter. Byrne Asset Management LLC bought a new position in shares of Chart Industries in the fourth quarter worth $34,000. Finally, Worth Asset Management LLC acquired a new stake in shares of Chart Industries in the fourth quarter valued at $58,000.

GTLS stock opened at $111.18 on Monday. The stock has a market capitalization of $4.75 billion, a PE ratio of -555.90, a price-to-earnings-growth ratio of 0.39 and a beta of 1.46. The company's 50-day moving average is $119.97 and its 200-day moving average is $122.98. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.25 and a quick ratio of 0.90. Chart Industries, Inc. has a 1 year low of $101.44 and a 1 year high of $242.59.

Chart Industries (NYSE:GTLS - Get Rating) last announced its quarterly earnings results on Friday, April 28th. The industrial products company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $1.05. Chart Industries had a negative net margin of 0.14% and a positive return on equity of 9.07%. The business had revenue of $537.90 million for the quarter, compared to analysts' expectations of $495.89 million. During the same quarter last year, the firm earned $0.62 EPS. The firm's revenue for the quarter was up 51.9% compared to the same quarter last year. Equities research analysts expect that Chart Industries, Inc. will post 6.06 EPS for the current fiscal year.

In other Chart Industries news, CEO Jillian C. Evanko purchased 2,375 shares of the company's stock in a transaction that occurred on Monday, March 20th. The shares were acquired at an average price of $104.29 per share, with a total value of $247,688.75. Following the transaction, the chief executive officer now owns 104,228 shares in the company, valued at $10,869,938.12. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Linda S. Harty bought 5,000 shares of the company's stock in a transaction on Monday, March 20th. The shares were purchased at an average price of $105.01 per share, with a total value of $525,050.00. Following the transaction, the director now directly owns 6,067 shares in the company, valued at $637,095.67. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Jillian C. Evanko purchased 2,375 shares of the firm's stock in a transaction dated Monday, March 20th. The shares were bought at an average price of $104.29 per share, with a total value of $247,688.75. Following the purchase, the chief executive officer now owns 104,228 shares in the company, valued at $10,869,938.12. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 7,875 shares of company stock valued at $836,825. 0.80% of the stock is owned by corporate insiders.

GTLS has been the topic of a number of analyst reports. StockNews.com initiated coverage on Chart Industries in a report on Thursday, May 18th. They set a "sell" rating on the stock. Craig Hallum reduced their target price on Chart Industries from $249.00 to $205.00 and set a "buy" rating on the stock in a report on Monday, February 13th. CL King assumed coverage on Chart Industries in a research report on Monday, May 8th. They issued a "buy" rating and a $165.00 target price on the stock. Evercore ISI assumed coverage on Chart Industries in a research report on Tuesday, March 21st. They set an "outperform" rating and a $217.00 price target on the stock. Finally, TheStreet downgraded Chart Industries from a "b-" rating to a "c" rating in a research report on Friday, February 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $193.06.

Chart Industries, Inc engages in the manufacturing of engineered equipment for the industrial gas, energy, and biomedical industries. It operates through the following business segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products and Repair, Service & Leasing, and Corporate. The Cryo Tank Solutions segment supplies bulk, microbulk, and mobile equipment used in the storage, distribution, vaporization, and application of industrial gases.

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