TFO Wealth Partners LLC Purchases 1,439 Shares of Chart Industries, Inc. (NYSE:GTLS)

TFO Wealth Partners LLC raised its holdings in shares of Chart Industries, Inc. (NYSE:GTLSFree Report) by 71,950.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,441 shares of the industrial products company’s stock after acquiring an additional 1,439 shares during the period. TFO Wealth Partners LLC’s holdings in Chart Industries were worth $196,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cape Investment Advisory Inc. bought a new position in shares of Chart Industries during the 4th quarter valued at $33,000. Mendota Financial Group LLC bought a new position in shares of Chart Industries during the fourth quarter valued at about $77,000. Principal Securities Inc. bought a new stake in shares of Chart Industries in the 4th quarter valued at about $89,000. Sentry Investment Management LLC purchased a new stake in Chart Industries during the 4th quarter valued at about $123,000. Finally, Horizon Family Wealth Inc. bought a new position in Chart Industries during the 3rd quarter worth approximately $200,000.

Wall Street Analyst Weigh In

GTLS has been the subject of several recent research reports. Morgan Stanley assumed coverage on Chart Industries in a research report on Thursday, April 18th. They issued an “equal weight” rating and a $200.00 price objective for the company. The Goldman Sachs Group increased their price target on shares of Chart Industries from $150.00 to $168.00 and gave the company a “neutral” rating in a research report on Tuesday, May 28th. Barclays started coverage on shares of Chart Industries in a research report on Wednesday, May 8th. They issued an “equal weight” rating and a $193.00 price objective on the stock. Stifel Nicolaus dropped their target price on shares of Chart Industries from $224.00 to $220.00 and set a “buy” rating for the company in a report on Monday, May 6th. Finally, TD Cowen boosted their price target on Chart Industries from $260.00 to $265.00 and gave the company a “buy” rating in a report on Monday, May 6th. One analyst has rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Chart Industries presently has a consensus rating of “Moderate Buy” and an average price target of $197.57.

Read Our Latest Research Report on GTLS

Chart Industries Stock Down 4.8 %

NYSE:GTLS opened at $149.44 on Tuesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.25 and a quick ratio of 0.95. The firm’s 50-day moving average price is $154.48 and its 200-day moving average price is $139.90. The company has a market capitalization of $6.40 billion, a PE ratio of 149.44, a P/E/G ratio of 0.44 and a beta of 1.72. Chart Industries, Inc. has a 1-year low of $109.48 and a 1-year high of $184.65.

Chart Industries (NYSE:GTLSGet Free Report) last issued its quarterly earnings results on Friday, May 3rd. The industrial products company reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.39). Chart Industries had a return on equity of 9.49% and a net margin of 1.59%. The company had revenue of $950.70 million during the quarter, compared to the consensus estimate of $970.91 million. During the same period in the prior year, the firm earned $1.41 earnings per share. The business’s revenue for the quarter was up 76.7% compared to the same quarter last year. On average, equities analysts predict that Chart Industries, Inc. will post 11.94 EPS for the current fiscal year.

Chart Industries Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding GTLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chart Industries, Inc. (NYSE:GTLSFree Report).

Institutional Ownership by Quarter for Chart Industries (NYSE:GTLS)

Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.