Vanguard Personalized Indexing Management LLC Sells 81 Shares of Chart Industries, Inc. $GTLS

Vanguard Personalized Indexing Management LLC reduced its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 2.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,242 shares of the industrial products company’s stock after selling 81 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Chart Industries were worth $534,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GTLS. Brooklyn Investment Group raised its holdings in Chart Industries by 19,900.0% during the 1st quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company’s stock valued at $29,000 after buying an additional 199 shares during the last quarter. SVB Wealth LLC purchased a new position in Chart Industries during the 1st quarter valued at $30,000. Toth Financial Advisory Corp purchased a new position in Chart Industries during the 2nd quarter valued at $33,000. Atticus Wealth Management LLC purchased a new position in Chart Industries during the 2nd quarter valued at $34,000. Finally, Hughes Financial Services LLC purchased a new position in Chart Industries during the 1st quarter valued at $44,000.

Chart Industries Stock Performance

Shares of Chart Industries stock opened at $199.66 on Wednesday. The stock has a market cap of $8.97 billion, a price-to-earnings ratio of 37.11, a PEG ratio of 1.15 and a beta of 1.71. The firm’s 50-day moving average is $199.40 and its 200 day moving average is $172.06. Chart Industries, Inc. has a 1 year low of $104.60 and a 1 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.

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

Wall Street Analyst Weigh In

GTLS has been the topic of a number of research analyst reports. Lake Street Capital downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price objective on the stock. in a research report on Wednesday, July 30th. BTIG Research downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. Johnson Rice downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price objective on the stock. in a research report on Wednesday, July 30th. Craig Hallum downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 29th. Finally, Seaport Res Ptn downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 30th. Three research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $204.85.

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.