Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Doliver Advisors LP

Doliver Advisors LP lowered its stake in Chart Industries, Inc. (NYSE:GTLS) by 2.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,332 shares of the industrial products company’s stock after selling 220 shares during the quarter. Chart Industries comprises 0.5% of Doliver Advisors LP’s investment portfolio, making the stock its 28th biggest position. Doliver Advisors LP’s holdings in Chart Industries were worth $1,972,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. King Luther Capital Management Corp lifted its holdings in Chart Industries by 2.9% during the third quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock valued at $128,100,000 after purchasing an additional 29,139 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Chart Industries by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company’s stock worth $123,318,000 after purchasing an additional 19,534 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Chart Industries by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company’s stock valued at $99,673,000 after buying an additional 32,442 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock worth $73,551,000 after buying an additional 13,181 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Chart Industries by 90.9% during the third quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company’s stock worth $68,461,000 after purchasing an additional 262,592 shares in the last quarter.

Chart Industries Trading Up 4.8 %

Shares of Chart Industries stock traded up $9.59 during trading hours on Monday, hitting $208.55. The company’s stock had a trading volume of 620,210 shares, compared to its average volume of 607,496. The firm has a fifty day moving average of $177.87 and a 200-day moving average of $147.39. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $210.66. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The stock has a market cap of $8.93 billion, a price-to-earnings ratio of 60.45, a P/E/G ratio of 1.01 and a beta of 1.86.

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on GTLS. Raymond James reaffirmed a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a research note on Monday, December 2nd. Wells Fargo & Company lowered their price target on shares of Chart Industries from $151.00 to $146.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. The Goldman Sachs Group raised their target price on shares of Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Craig Hallum upped their price target on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, Stifel Nicolaus lifted their price objective on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.75.

Chart Industries Company Profile

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.