Chart Industries, Inc. (NYSE:GTLS) Stock Holdings Increased by National Bank of Canada FI

National Bank of Canada FI raised its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 328.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,757 shares of the industrial products company’s stock after purchasing an additional 5,181 shares during the quarter. National Bank of Canada FI’s holdings in Chart Industries were worth $839,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new stake in shares of Chart Industries during the 3rd quarter valued at $34,000. Byrne Asset Management LLC acquired a new position in shares of Chart Industries in the 2nd quarter valued at $40,000. UMB Bank n.a. increased its stake in Chart Industries by 418.0% in the 3rd quarter. UMB Bank n.a. now owns 316 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 255 shares in the last quarter. Ecofi Investissements SA purchased a new stake in Chart Industries during the second quarter valued at about $50,000. Finally, Central Bank & Trust Co. purchased a new position in Chart Industries during the 2nd quarter worth approximately $86,000.

Chart Industries Stock Up 0.0 %

GTLS stock opened at $197.87 on Friday. The firm has a market cap of $8.47 billion, a PE ratio of 57.35, a PEG ratio of 1.01 and a beta of 1.86. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $201.10. The company has a fifty day simple moving average of $157.96 and a 200 day simple moving average of $142.70. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.18 earnings per share for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.38). Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the firm earned $1.28 EPS. Chart Industries’s quarterly revenue was up 18.3% on a year-over-year basis. Sell-side analysts anticipate that Chart Industries, Inc. will post 9.03 EPS for the current fiscal year.

Insider Buying and Selling at Chart Industries

In other news, Director Linda S. Harty acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was acquired at an average cost of $48.05 per share, with a total value of $240,250.00. Following the acquisition, the director now owns 5,000 shares in the company, valued at approximately $240,250. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.95% of the company’s stock.

Wall Street Analyst Weigh In

GTLS has been the subject of several recent analyst reports. Craig Hallum raised their target price on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. The Goldman Sachs Group reduced their price target on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating for the company in a research report on Thursday, August 29th. Bank of America decreased their price target on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, October 14th. Wells Fargo & Company dropped their price objective on shares of Chart Industries from $151.00 to $146.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. Finally, Raymond James reissued a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a research note on Monday, December 2nd. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Chart Industries has an average rating of “Moderate Buy” and an average target price of $178.82.

About Chart Industries

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.