GAMMA Investing LLC Has $196,000 Stock Holdings in Chart Industries, Inc. $GTLS

GAMMA Investing LLC decreased its position in Chart Industries, Inc. (NYSE:GTLS) by 6.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,191 shares of the industrial products company’s stock after selling 79 shares during the period. GAMMA Investing LLC’s holdings in Chart Industries were worth $196,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in GTLS. OneDigital Investment Advisors LLC grew its stake in Chart Industries by 13.2% in the first quarter. OneDigital Investment Advisors LLC now owns 2,026 shares of the industrial products company’s stock valued at $292,000 after acquiring an additional 236 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Chart Industries by 2.2% during the 1st quarter. Bank of New York Mellon Corp now owns 308,963 shares of the industrial products company’s stock valued at $44,602,000 after purchasing an additional 6,681 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Chart Industries by 7.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 57,617 shares of the industrial products company’s stock valued at $8,318,000 after purchasing an additional 3,948 shares during the period. Oppenheimer Asset Management Inc. increased its stake in Chart Industries by 1.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,781 shares of the industrial products company’s stock worth $979,000 after purchasing an additional 98 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in Chart Industries by 2.7% during the 1st quarter. State of Alaska Department of Revenue now owns 4,928 shares of the industrial products company’s stock worth $711,000 after buying an additional 130 shares during the period.

Analyst Ratings Changes

Several research analysts have recently weighed in on GTLS shares. Cowen cut shares of Chart Industries from a “buy” rating to a “hold” rating in a report on Wednesday, July 30th. BTIG Research lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. Hsbc Global Res raised Chart Industries to a “hold” rating in a research note on Wednesday, July 30th. Johnson Rice lowered Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price target on the stock. in a report on Wednesday, July 30th. Finally, Seaport Res Ptn downgraded Chart Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, Chart Industries has an average rating of “Hold” and a consensus price target of $202.00.

Chart Industries Trading Up 0.1%

Shares of NYSE:GTLS opened at $200.31 on Monday. The company’s 50-day moving average price is $195.56 and its two-hundred day moving average price is $166.12. Chart Industries, Inc. has a one year low of $104.60 and a one year high of $220.03. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.55 and a quick ratio of 1.27. The stock has a market capitalization of $9.00 billion, a PE ratio of 37.23, a price-to-earnings-growth ratio of 1.16 and a beta of 1.67.

Chart Industries (NYSE:GTLS) last released its earnings results on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.03). Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.11 billion. On average, equities analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

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.