Amalgamated Bank Purchases 251 Shares of Chart Industries, Inc. (NYSE:GTLS)

Amalgamated Bank increased its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,268 shares of the industrial products company’s stock after acquiring an additional 251 shares during the period. Amalgamated Bank’s holdings in Chart Industries were worth $3,677,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FourThought Financial Partners LLC bought a new stake in shares of Chart Industries during the fourth quarter worth $273,000. EdgeRock Capital LLC acquired a new position in Chart Industries during the 4th quarter worth about $454,000. Sentry Investment Management LLC grew its holdings in Chart Industries by 45.4% during the 4th quarter. Sentry Investment Management LLC now owns 1,297 shares of the industrial products company’s stock worth $247,000 after acquiring an additional 405 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Chart Industries in the 4th quarter valued at about $398,000. Finally, Hudson Edge Investment Partners Inc. acquired a new stake in Chart Industries in the 4th quarter valued at about $788,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Raymond James reissued a “strong-buy” rating and set a $190.00 price target on shares of Chart Industries in a research note on Monday, December 2nd. Citigroup upped their price objective on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. BTIG Research lifted their target price on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Craig Hallum upped their price target on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Stifel Nicolaus raised their price target on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $191.54.

Chart Industries Price Performance

Chart Industries stock opened at $190.58 on Friday. 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 firm has a market capitalization of $8.16 billion, a P/E ratio of 55.24, a PEG ratio of 0.57 and a beta of 1.84. The business has a 50-day moving average of $199.68 and a 200-day moving average of $162.92. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03.

Chart Industries (NYSE:GTLS) last issued its earnings results on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing the consensus estimate of $3.20 by ($0.54). The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.25 EPS. On average, equities analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current year.

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.