Cetera Trust Company N.A Has $277,000 Stake in Chart Industries, Inc. (NYSE:GTLS)

Cetera Trust Company N.A boosted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 22.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,450 shares of the industrial products company’s stock after buying an additional 265 shares during the period. Cetera Trust Company N.A’s holdings in Chart Industries were worth $277,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. King Luther Capital Management Corp lifted its position in shares of Chart Industries by 2.9% during the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock worth $128,100,000 after buying an additional 29,139 shares during the period. Geode Capital Management LLC raised its stake in Chart Industries by 2.0% during the third quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company’s stock worth $123,318,000 after acquiring an additional 19,534 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Chart Industries by 4.2% during the third quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company’s stock valued at $99,673,000 after acquiring an additional 32,442 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock valued at $73,551,000 after purchasing an additional 13,181 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of 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 worth $68,461,000 after purchasing an additional 262,592 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Barclays cut their price objective on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Stifel Nicolaus lifted 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. Raymond James reissued a “strong-buy” rating and set a $190.00 price objective on shares of Chart Industries in a report on Monday, December 2nd. Bank of America dropped their target price 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. Finally, BTIG Research increased their price target on shares of Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Chart Industries has an average rating of “Moderate Buy” and a consensus price target of $188.75.

Chart Industries Stock Down 0.4 %

GTLS stock opened at $217.57 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The stock has a market capitalization of $9.31 billion, a P/E ratio of 63.06, a P/E/G ratio of 0.64 and a beta of 1.84. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03. The business has a 50-day moving average of $192.63 and a 200-day moving average of $152.80.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.38). The business 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 business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.28 EPS. On average, sell-side analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

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.