Chart Industries, Inc. (NYSE:GTLS) Shares Bought by Beech Hill Advisors Inc.

Beech Hill Advisors Inc. raised its position in Chart Industries, Inc. (NYSE:GTLS) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 23,523 shares of the industrial products company’s stock after acquiring an additional 552 shares during the period. Chart Industries makes up 1.7% of Beech Hill Advisors Inc.’s investment portfolio, making the stock its 20th largest holding. Beech Hill Advisors Inc.’s holdings in Chart Industries were worth $4,489,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in GTLS. Ashton Thomas Securities LLC acquired a new position in Chart Industries during the third quarter worth about $34,000. UMB Bank n.a. lifted 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 valued at $39,000 after buying an additional 255 shares in the last quarter. Ecofi Investissements SA acquired a new position in shares of Chart Industries in the second quarter worth $50,000. Mendota Financial Group LLC raised its holdings in shares of Chart Industries by 46.2% in the third quarter. Mendota Financial Group LLC now owns 642 shares of the industrial products company’s stock worth $80,000 after acquiring an additional 203 shares during the last quarter. Finally, nVerses Capital LLC purchased a new stake in shares of Chart Industries in the third quarter valued at $87,000.

Chart Industries Stock Down 0.2 %

Shares of NYSE GTLS traded down $0.47 on Thursday, hitting $212.89. The company had a trading volume of 20,381 shares, compared to its average volume of 633,833. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 12-month low of $101.60 and a 12-month high of $214.80. The firm has a market capitalization of $9.11 billion, a P/E ratio of 61.71, a PEG ratio of 0.73 and a beta of 1.84. The business has a 50 day moving average of $188.77 and a two-hundred day moving average of $150.69.

Chart Industries (NYSE:GTLS) last released 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). The company had revenue of $1.06 billion during 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 firm’s revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.28 EPS. As a group, equities research analysts forecast that Chart Industries, Inc. will post 8.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

GTLS has been the topic of several analyst reports. Raymond James reaffirmed a “strong-buy” rating and set a $190.00 price target on shares of Chart Industries in a research note on Monday, December 2nd. Craig Hallum boosted their price target on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a report on Monday, November 4th. BTIG Research increased their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Stifel Nicolaus boosted their target price on shares of Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Finally, Wells Fargo & Company cut 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 note on Thursday, October 3rd. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average 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.