Russell Investments Group Ltd. Sells 18,814 Shares of Chart Industries, Inc. (NYSE:GTLS)

Russell Investments Group Ltd. trimmed its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Get Rating) by 49.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,387 shares of the industrial products company's stock after selling 18,814 shares during the quarter. Russell Investments Group Ltd. owned 0.05% of Chart Industries worth $2,234,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. KB Financial Partners LLC bought a new stake in Chart Industries during the 1st quarter worth approximately $28,000. Ronald Blue Trust Inc. increased its stake in Chart Industries by 200.0% during 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 in the last quarter. Byrne Asset Management LLC bought a new stake in Chart Industries during the 4th quarter worth approximately $34,000. Larson Financial Group LLC bought a new position in shares of Chart Industries during the 3rd quarter worth approximately $41,000. Finally, Quadrant Capital Group LLC grew its stake in shares of 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 acquiring an additional 160 shares in the last quarter.

In related news, VP Gerald F. Vinci purchased 300 shares of the firm's stock in a transaction that occurred on Tuesday, March 21st. The shares were bought at an average price of $119.28 per share, for a total transaction of $35,784.00. Following the completion of the transaction, the vice president now owns 300 shares of the company's stock, valued at $35,784. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, VP Gerald F. Vinci purchased 300 shares of the firm's stock in a transaction that occurred on Tuesday, March 21st. The shares were bought at an average price of $119.28 per share, for a total transaction of $35,784.00. Following the completion of the transaction, the vice president now owns 300 shares of the company's stock, valued at $35,784. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Linda S. Harty bought 5,000 shares of the firm's stock in a transaction on Monday, March 20th. The stock was acquired at an average price of $105.01 per share, for a total transaction of $525,050.00. Following the transaction, the director now 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 90 days, insiders bought 7,875 shares of company stock valued at $836,825. 0.80% of the stock is currently owned by corporate insiders.

Shares of Chart Industries stock opened at $115.43 on Friday. The business has a fifty day simple moving average of $120.90 and a two-hundred day simple moving average of $123.65. Chart Industries, Inc. has a 1 year low of $101.44 and a 1 year high of $242.59. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of -577.15, a P/E/G ratio of 0.40 and a beta of 1.46. 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 (NYSE:GTLS - Get Rating) last posted its earnings results on Friday, April 28th. The industrial products company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $1.05. Chart Industries had a positive return on equity of 9.07% and a negative net margin of 0.14%. The company had revenue of $537.90 million during the quarter, compared to the consensus estimate of $495.89 million. During the same quarter last year, the firm earned $0.62 earnings per share. The company's revenue was up 51.9% on a year-over-year basis. Research analysts forecast that Chart Industries, Inc. will post 6.06 EPS for the current year.

Several equities analysts have recently weighed in on GTLS shares. CL King started coverage on shares of Chart Industries in a research note on Monday, May 8th. They set a "buy" rating and a $165.00 price target for the company. Craig Hallum decreased their price target on shares of Chart Industries from $249.00 to $205.00 and set a "buy" rating for the company in a research note on Monday, February 13th. Wells Fargo & Company decreased their price target on shares of Chart Industries from $144.00 to $140.00 and set an "equal weight" rating for the company in a research note on Friday, April 14th. StockNews.com assumed coverage on Chart Industries in a report on Thursday. They issued a "sell" rating for the company. Finally, TheStreet downgraded Chart Industries from a "b-" rating to a "c" rating in a report on Friday, February 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Chart Industries currently has a consensus rating of "Moderate Buy" and a consensus target price 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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