Swiss National Bank Purchases 15,900 Shares of Chart Industries, Inc. (NYSE:GTLS)

Swiss National Bank increased its stake in shares of Chart Industries, Inc. (NYSE:GTLS – Get Rating) by 18.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 102,700 shares of the industrial products company’s stock after purchasing an additional 15,900 shares during the period. Swiss National Bank owned approximately 0.28% of Chart Industries worth $11,834,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Arizona State Retirement System raised its holdings in shares of Chart Industries by 3.9% during the fourth quarter. Arizona State Retirement System now owns 10,334 shares of the industrial products company’s stock valued at $1,191,000 after purchasing an additional 384 shares during the last quarter. Texas Permanent School Fund increased its holdings in Chart Industries by 5.1% during the fourth quarter. Texas Permanent School Fund now owns 27,100 shares of the industrial products company’s stock valued at $3,123,000 after buying an additional 1,303 shares during the last quarter. Duality Advisers LP increased its holdings in Chart Industries by 97.8% during the fourth quarter. Duality Advisers LP now owns 18,732 shares of the industrial products company’s stock valued at $2,158,000 after buying an additional 9,264 shares during the last quarter. Doliver Advisors LP increased its stake in shares of Chart Industries by 13.5% in the fourth quarter. Doliver Advisors LP now owns 10,869 shares of the industrial products company’s stock worth $1,252,000 after purchasing an additional 1,294 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Chart Industries by 25.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,922 shares of the industrial products company’s stock worth $451,000 after purchasing an additional 802 shares in the last quarter.

Chart Industries Price Performance

GTLS stock opened at $114.28 on Monday. The company has a market capitalization of $4.88 billion, a P/E ratio of -571.40, a PEG ratio of 0.44 and a beta of 1.46. Chart Industries, Inc. has a twelve month low of $101.44 and a twelve month high of $242.59. The business has a 50 day simple moving average of $120.99 and a 200-day simple moving average of $124.30. The company has a current ratio of 1.25, a quick ratio of 0.92 and a debt-to-equity ratio of 1.50.

Chart Industries (NYSE:GTLS – Get Rating) last posted its quarterly earnings data on Friday, April 28th. The industrial products company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $1.05. The firm had revenue of $537.90 million during the quarter, compared to analysts’ expectations of $495.89 million. Chart Industries had a positive return on equity of 9.07% and a negative net margin of 0.14%. The firm’s quarterly revenue was up 51.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.62 EPS. As a group, equities analysts anticipate that Chart Industries, Inc. will post 6.07 EPS for the current year.

Insiders Place Their Bets

In other Chart Industries news, Director Linda S. Harty purchased 5,000 shares of the stock in a transaction dated Monday, March 20th. The shares were bought at an average cost of $105.01 per share, with a total value of $525,050.00. Following the completion of the acquisition, the director now owns 6,067 shares of the company’s stock, valued at $637,095.67. The purchase was disclosed in a filing with the SEC, which is available through this link. In other news, CEO Jillian C. Evanko purchased 2,375 shares of the business’s stock in a transaction dated Monday, March 20th. The stock was bought at an average cost of $104.29 per share, with a total value of $247,688.75. Following the purchase, the chief executive officer now directly owns 104,228 shares of the company’s stock, valued at $10,869,938.12. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Linda S. Harty purchased 5,000 shares of the business’s stock in a transaction dated Monday, March 20th. The shares were purchased at an average cost of $105.01 per share, with a total value of $525,050.00. Following the completion of the purchase, the director now directly owns 6,067 shares in the company, valued at $637,095.67. The disclosure for this purchase can be found here. Insiders have purchased 7,875 shares of company stock valued at $836,825 over the last three months. Company insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on GTLS shares. StockNews.com started coverage on shares of Chart Industries in a research report on Thursday, March 16th. They set a “sell” rating for the company. CL King started coverage on shares of Chart Industries in a research report on Monday, May 8th. They set a “buy” rating and a $165.00 target price for the company. Evercore ISI assumed coverage on shares of Chart Industries in a research report on Tuesday, March 21st. They set an “outperform” rating and a $217.00 target price for the company. Wells Fargo & Company lowered their price objective on shares of Chart Industries from $144.00 to $140.00 and set an “equal weight” rating for the company in a research report on Friday, April 14th. Finally, Craig Hallum lowered their price objective on shares of Chart Industries from $249.00 to $205.00 and set a “buy” rating for the company in a research report on Monday, February 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $193.06.

Chart Industries Profile

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Chart Industries, Inc engages in the manufacturing of engineered equipment for the industrial gas, energy, and biomedical industries. It operates through the following business segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products and Repair, Service & Leasing, and Corporate. The Cryo Tank Solutions segment supplies bulk, microbulk, and mobile equipment used in the storage, distribution, vaporization, and application of industrial gases.