Amalgamated Bank Acquires 251 Shares of Chart Industries, Inc. (NYSE:GTLS)

Amalgamated Bank boosted its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 1.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,268 shares of the industrial products company’s stock after buying an additional 251 shares during the period. Amalgamated Bank’s holdings in Chart Industries were worth $3,677,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of GTLS. Archford Capital Strategies LLC raised its holdings in shares of Chart Industries by 2.2% during the fourth quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company’s stock worth $433,000 after acquiring an additional 48 shares during the period. MML Investors Services LLC increased its holdings in Chart Industries by 3.3% during the 3rd quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company’s stock worth $245,000 after purchasing an additional 63 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Chart Industries by 56.0% in the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 65 shares during the period. Choreo LLC lifted its holdings in shares of Chart Industries by 2.4% in the fourth quarter. Choreo LLC now owns 4,292 shares of the industrial products company’s stock valued at $818,000 after purchasing an additional 102 shares in the last quarter. Finally, Glenmede Trust Co. NA boosted its position in shares of Chart Industries by 2.4% during the third quarter. Glenmede Trust Co. NA now owns 4,794 shares of the industrial products company’s stock worth $595,000 after buying an additional 114 shares during the period.

Chart Industries Stock Up 4.6 %

Shares of GTLS stock opened at $190.58 on Friday. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. The stock has a market cap of $8.16 billion, a price-to-earnings ratio of 55.24, a PEG ratio of 0.57 and a beta of 1.84. The firm’s 50-day moving average is $199.68 and its 200-day moving average is $162.92. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27.

Chart Industries (NYSE:GTLS) last released its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.20 by ($0.54). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the company earned $2.25 EPS. Chart Industries’s quarterly revenue was up 9.0% on a year-over-year basis. Sell-side analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.

Wall Street Analysts Forecast Growth

GTLS has been the topic of a number of recent research reports. Citigroup lifted their target price on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Raymond James reiterated a “strong-buy” rating and issued a $190.00 price objective on shares of Chart Industries in a report on Monday, December 2nd. BTIG Research boosted their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Stifel Nicolaus raised their target price on shares of Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Finally, Barclays lowered their price target on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. Three analysts have rated the stock with a hold rating, nine have issued 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 an average price target of $191.54.

Chart Industries 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.