Orion Portfolio Solutions LLC Lowers Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Orion Portfolio Solutions LLC lowered its position in Chart Industries, Inc. (NYSE:GTLS) by 2.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 13,433 shares of the industrial products company’s stock after selling 336 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Chart Industries were worth $1,668,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of GTLS. National Bank of Canada FI grew its holdings in Chart Industries by 328.7% during the 3rd quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company’s stock valued at $839,000 after buying an additional 5,181 shares in the last quarter. Castleark Management LLC purchased a new position in Chart Industries during the third quarter valued at $2,937,000. Wellington Management Group LLP increased its holdings in Chart Industries by 90.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company’s stock valued at $68,461,000 after acquiring an additional 262,592 shares during the last quarter. Stifel Financial Corp lifted its stake in Chart Industries by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 253,665 shares of the industrial products company’s stock worth $31,490,000 after purchasing an additional 65,615 shares in the last quarter. Finally, RBF Capital LLC bought a new position in shares of Chart Industries during the 3rd quarter valued at about $4,097,000.

Chart Industries Trading Down 0.0 %

Shares of GTLS opened at $197.79 on Friday. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $201.10. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The company’s fifty day simple moving average is $157.96 and its 200-day simple moving average is $142.78. The company has a market cap of $8.47 billion, a P/E ratio of 57.33, a P/E/G ratio of 1.01 and a beta of 1.86.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.56 by ($0.38). The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.10 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The firm’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.28 EPS. As a group, analysts expect that Chart Industries, Inc. will post 9.03 EPS for the current year.

Analyst Ratings Changes

GTLS has been the topic of a number of research analyst reports. Craig Hallum boosted their target price on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. The Goldman Sachs Group decreased their price objective on Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a report on Thursday, August 29th. Raymond James reissued a “strong-buy” rating and issued a $190.00 target price on shares of Chart Industries in a report on Monday, December 2nd. Wells Fargo & Company decreased their price target on shares of Chart Industries from $151.00 to $146.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. Finally, Bank of America dropped their price objective on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, October 14th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $178.82.

Insider Activity at Chart Industries

In other Chart Industries news, Director Linda S. Harty bought 5,000 shares of Chart Industries stock in a transaction on Monday, September 16th. The shares were acquired at an average price of $48.05 per share, for a total transaction of $240,250.00. Following the completion of the purchase, the director now directly owns 5,000 shares in the company, valued at approximately $240,250. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.95% of the stock is owned by company insiders.

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.