Chart Industries, Inc. (NYSE:GTLS) Shares Purchased by Texas Permanent School Fund

Texas Permanent School Fund boosted its holdings in Chart Industries, Inc. (NYSE:GTLS - Get Rating) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,100 shares of the industrial products company's stock after purchasing an additional 1,303 shares during the quarter. Texas Permanent School Fund owned about 0.07% of Chart Industries worth $3,123,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in GTLS. KB Financial Partners LLC purchased a new stake in Chart Industries in the first quarter valued at approximately $28,000. Harbor Investment Advisory LLC acquired a new position in Chart Industries in the 3rd quarter valued at about $29,000. Ronald Blue Trust Inc. increased its holdings in shares of 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 period. Byrne Asset Management LLC acquired a new stake in shares of Chart Industries during the fourth quarter worth $34,000. Finally, Larson Financial Group LLC purchased a new position in Chart Industries in the 3rd quarter valued at $41,000.

Several analysts have recently commented on the stock. Evercore ISI initiated coverage on shares of Chart Industries in a research note on Tuesday, March 21st. They issued an "outperform" rating and a $217.00 target price for the company. StockNews.com started coverage on shares of Chart Industries in a report on Thursday, March 16th. They issued a "sell" rating for the company. CL King assumed coverage on Chart Industries in a research note on Monday. They set a "buy" rating and a $165.00 price target on the stock. TheStreet downgraded Chart Industries from a "b-" rating to a "c" rating in a research note on Friday, February 24th. Finally, Craig Hallum decreased their target price on Chart Industries from $249.00 to $205.00 and set a "buy" rating on the stock in a research report on Monday, February 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $193.06.

In other news, VP Gerald F. Vinci purchased 300 shares of the stock in a transaction that occurred on Tuesday, March 21st. The stock was acquired at an average price of $119.28 per share, with a total value of $35,784.00. Following the purchase, the vice president now owns 300 shares in the company, valued at approximately $35,784. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Chart Industries news, VP Gerald F. Vinci purchased 300 shares of the stock in a transaction on Tuesday, March 21st. The shares were purchased at an average price of $119.28 per share, with a total value of $35,784.00. Following the acquisition, the vice president now directly owns 300 shares of the company's stock, valued at approximately $35,784. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Linda S. Harty purchased 5,000 shares of the company's stock in a transaction that occurred on Monday, March 20th. The stock was acquired at an average cost of $105.01 per share, with a total value of $525,050.00. Following the transaction, the director now directly owns 6,067 shares of the company's stock, valued at $637,095.67. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 7,875 shares of company stock valued at $836,825. 0.80% of the stock is owned by insiders.

NYSE GTLS opened at $127.48 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 0.92 and a debt-to-equity ratio of 1.50. Chart Industries, Inc. has a 12 month low of $101.44 and a 12 month high of $242.59. The company's 50 day simple moving average is $120.54 and its 200 day simple moving average is $124.71.

Chart Industries (NYSE:GTLS - Get Rating) last released its earnings results on Friday, April 28th. The industrial products company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $0.36 by $1.05. The business had revenue of $537.90 million for the quarter, compared to the consensus estimate of $495.89 million. Chart Industries had a negative net margin of 0.14% and a positive return on equity of 9.07%. The firm's quarterly revenue was up 51.9% compared to the same quarter last year. During the same period last year, the firm posted $0.62 earnings per share. On average, analysts anticipate that Chart Industries, Inc. will post 6.07 EPS for the current year.

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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