Cwm LLC Has $316,000 Stock Position in Chart Industries, Inc. $GTLS

Cwm LLC boosted its position in Chart Industries, Inc. (NYSE:GTLS) by 89.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,922 shares of the industrial products company’s stock after buying an additional 906 shares during the quarter. Cwm LLC’s holdings in Chart Industries were worth $316,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. OneDigital Investment Advisors LLC grew its position in shares of 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 purchasing an additional 236 shares during the last quarter. GAMMA Investing LLC boosted its stake in Chart Industries by 118.6% during the 1st quarter. GAMMA Investing LLC now owns 1,270 shares of the industrial products company’s stock valued at $183,000 after purchasing an additional 689 shares during the period. Bank of New York Mellon Corp grew its holdings in Chart Industries by 2.2% in 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 buying an additional 6,681 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in 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 buying an additional 3,948 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its position in Chart Industries by 1.5% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,781 shares of the industrial products company’s stock worth $979,000 after buying an additional 98 shares during the period.

Chart Industries Stock Down 0.0%

Shares of GTLS opened at $199.53 on Monday. The company has a quick ratio of 1.27, a current ratio of 1.55 and a debt-to-equity ratio of 1.04. The company has a 50-day moving average price of $199.47 and a two-hundred day moving average price of $174.10. The stock has a market cap of $8.97 billion, a price-to-earnings ratio of 37.09, a P/E/G ratio of 1.15 and a beta of 1.71. Chart Industries, Inc. has a 12 month low of $104.60 and a 12 month high of $220.03.

Chart Industries (NYSE:GTLS) last issued 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). The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.11 billion. Chart Industries had a return on equity of 13.71% and a net margin of 6.29%. Equities analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on GTLS. Seaport Res Ptn downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 30th. UBS Group restated a “neutral” rating and issued a $210.00 price target (down from $225.00) on shares of Chart Industries in a research report on Wednesday, July 30th. Hsbc Global Res raised shares of Chart Industries to a “hold” rating in a research report on Wednesday, July 30th. Craig Hallum cut shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 29th. Finally, Cowen lowered Chart Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $204.85.

About Chart Industries

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.