Cetera Trust Company N.A Acquires 265 Shares of Chart Industries, Inc. (NYSE:GTLS)

Cetera Trust Company N.A boosted its holdings in Chart Industries, Inc. (NYSE:GTLS) by 22.4% during the fourth quarter, Holdings Channel reports. The fund owned 1,450 shares of the industrial products company’s stock after purchasing an additional 265 shares during the period. Cetera Trust Company N.A’s holdings in Chart Industries were worth $277,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new position in shares of Chart Industries during the third quarter worth approximately $34,000. UMB Bank n.a. grew its holdings 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 bought a new position in Chart Industries during the 2nd quarter worth $50,000. Mendota Financial Group LLC lifted its holdings in shares of Chart Industries by 46.2% during the third quarter. Mendota Financial Group LLC now owns 642 shares of the industrial products company’s stock worth $80,000 after buying an additional 203 shares in the last quarter. Finally, nVerses Capital LLC bought a new stake in shares of Chart Industries in the third quarter valued at about $87,000.

Chart Industries Stock Performance

Chart Industries stock opened at $217.57 on Wednesday. The stock has a market cap of $9.31 billion, a PE ratio of 63.06, a P/E/G ratio of 0.64 and a beta of 1.84. 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 $220.03. The business’s 50-day moving average price is $192.63 and its two-hundred day moving average price is $152.80.

Chart Industries (NYSE:GTLS) last released its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.38). The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.10 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. Chart Industries’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.28 earnings per share. As a group, analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on GTLS. Craig Hallum raised their price target on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. BTIG Research raised their target price 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. Bank of America cut their price target on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, October 14th. The Goldman Sachs Group raised their price objective on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Finally, Stifel Nicolaus upped their target price on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Three 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 company’s stock. According to data from MarketBeat.com, Chart Industries 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.