Raymond James & Associates Increases Stock Position in Chart Industries, Inc. (NYSE:GTLS)

Raymond James & Associates lifted its holdings in Chart Industries, Inc. (NYSE:GTLS - Get Rating) by 26.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,370 shares of the industrial products company's stock after buying an additional 3,795 shares during the period. Raymond James & Associates owned about 0.05% of Chart Industries worth $2,117,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. KB Financial Partners LLC bought a new position in Chart Industries in the 1st quarter worth about $28,000. Ronald Blue Trust Inc. lifted its position in shares of Chart Industries by 200.0% in the 4th quarter. Ronald Blue Trust Inc. now owns 159 shares of the industrial products company's stock worth $29,000 after purchasing an additional 106 shares during the period. Byrne Asset Management LLC purchased a new stake in shares of Chart Industries in the 4th quarter worth approximately $34,000. Quadrant Capital Group LLC lifted its position in shares of Chart Industries by 121.2% in the 3rd quarter. Quadrant Capital Group LLC now owns 292 shares of the industrial products company's stock worth $54,000 after purchasing an additional 160 shares during the period. Finally, Worth Asset Management LLC purchased a new stake in shares of Chart Industries in the 4th quarter worth approximately $58,000.

NYSE:GTLS opened at $111.18 on Tuesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.25 and a quick ratio of 0.90. The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of -555.90, a PEG ratio of 0.39 and a beta of 1.46. The company's 50-day moving average is $119.96 and its two-hundred day moving average is $122.90. 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 released its quarterly earnings results on Friday, April 28th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $495.89 million. During the same period in the previous year, the firm earned $0.62 EPS. The business's revenue was up 51.9% on a year-over-year basis. Analysts forecast that Chart Industries, Inc. will post 6.06 EPS for the current year.

Several equities research analysts have recently weighed in on GTLS shares. TheStreet cut shares of Chart Industries from a "b-" rating to a "c" rating in a research report on Friday, February 24th. Evercore ISI started coverage on shares of Chart Industries in a research report on Tuesday, March 21st. They issued an "outperform" rating and a $217.00 price target for the company. StockNews.com started coverage on shares of Chart Industries in a research report on Thursday, May 18th. They issued a "sell" rating for the company. Wells Fargo & Company decreased their target price on shares of Chart Industries from $144.00 to $140.00 and set an "equal weight" rating for the company in a research report on Friday, April 14th. Finally, CL King started coverage on shares of Chart Industries in a research report on Monday, May 8th. They set a "buy" rating and a $165.00 target price for the company. One analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $193.06.

In related news, VP Gerald F. Vinci bought 300 shares of the stock in a transaction dated Tuesday, March 21st. The stock was acquired at an average price of $119.28 per share, for a total transaction of $35,784.00. Following the acquisition, the vice president now owns 300 shares in the company, valued at approximately $35,784. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Jillian C. Evanko purchased 2,375 shares of the business's stock in a transaction dated Monday, March 20th. The stock was acquired at an average price of $104.29 per share, for a total transaction of $247,688.75. Following the acquisition, the chief executive officer now directly owns 104,228 shares of the company's stock, valued at approximately $10,869,938.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Gerald F. Vinci purchased 300 shares of the business's stock in a transaction dated Tuesday, March 21st. The stock was bought 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 in the company, valued at $35,784. The disclosure for this purchase can be found here. In the last three months, insiders have bought 7,875 shares of company stock valued at $836,825. Insiders own 0.80% of the company's stock.

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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