Alpine Woods Capital Investors LLC Sells 13,804 Shares of Chart Industries, Inc. $GTLS

Alpine Woods Capital Investors LLC trimmed its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 83.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,794 shares of the industrial products company’s stock after selling 13,804 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in Chart Industries were worth $559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. IFP Advisors Inc boosted its position in Chart Industries by 4.7% in the second quarter. IFP Advisors Inc now owns 1,415 shares of the industrial products company’s stock worth $258,000 after purchasing an additional 63 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Chart Industries by 74.5% in the second quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock worth $27,000 after buying an additional 70 shares during the last quarter. Itau Unibanco Holding S.A. grew its position in Chart Industries by 14.1% during the second quarter. Itau Unibanco Holding S.A. now owns 641 shares of the industrial products company’s stock valued at $106,000 after buying an additional 79 shares during the period. Bessemer Group Inc. grew its position in Chart Industries by 93.0% during the second quarter. Bessemer Group Inc. now owns 193 shares of the industrial products company’s stock valued at $32,000 after buying an additional 93 shares during the period. Finally, Harbour Investments Inc. increased its holdings in Chart Industries by 4.2% during the second quarter. Harbour Investments Inc. now owns 2,454 shares of the industrial products company’s stock valued at $404,000 after buying an additional 100 shares during the last quarter.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on GTLS shares. JPMorgan Chase & Co. increased their target price on shares of Chart Industries from $194.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research report on Monday. Finally, Citigroup lowered shares of Chart Industries from a “buy” rating to a “hold” rating in a report on Friday, September 5th. Three analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $206.00.

Chart Industries Stock Down 0.0%

Shares of NYSE:GTLS opened at $205.96 on Thursday. The business’s 50 day moving average is $202.93 and its 200 day moving average is $190.73. The stock has a market cap of $9.26 billion, a P/E ratio of 251.17, a price-to-earnings-growth ratio of 1.30 and a beta of 1.76. Chart Industries, Inc. has a 52-week low of $104.60 and a 52-week high of $220.03. The company has a quick ratio of 1.15, a current ratio of 1.40 and a debt-to-equity ratio of 1.08.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $2.78 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.24). The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Chart Industries had a return on equity of 14.17% and a net margin of 1.55%.Chart Industries’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.18 EPS. Sell-side analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.

Chart Industries Company Profile

Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.

Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.