B. Metzler seel. Sohn & Co. Holding AG Takes $860,000 Position in Chart Industries, Inc. (NYSE:GTLS)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Chart Industries, Inc. (NYSE:GTLS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,929 shares of the industrial products company’s stock, valued at approximately $860,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Bessemer Group Inc. increased its position in shares of Chart Industries by 1,302.3% in the first quarter. Bessemer Group Inc. now owns 617 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 573 shares in the last quarter. Shell Asset Management Co. acquired a new position in Chart Industries in the 1st quarter worth approximately $451,000. Advisors Asset Management Inc. grew its position in Chart Industries by 37.9% during the 1st quarter. Advisors Asset Management Inc. now owns 571 shares of the industrial products company’s stock worth $94,000 after purchasing an additional 157 shares in the last quarter. 1832 Asset Management L.P. lifted its holdings in shares of Chart Industries by 21.7% in the first quarter. 1832 Asset Management L.P. now owns 34,141 shares of the industrial products company’s stock valued at $5,624,000 after purchasing an additional 6,085 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Chart Industries by 5.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 32,321 shares of the industrial products company’s stock worth $5,324,000 after buying an additional 1,627 shares during the period.

Insider Transactions at Chart Industries

In other news, CEO Jillian C. Evanko bought 440 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were bought at an average cost of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the acquisition, the chief executive officer now owns 125,448 shares in the company, valued at approximately $14,339,960.88. This trade represents a 0.35 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Linda S. Harty acquired 5,000 shares of the business’s stock in a transaction dated 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 acquisition, the director now directly owns 5,000 shares in the company, valued at $240,250. This represents a ? increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 7,152 shares of company stock worth $482,278 in the last three months. Insiders own 0.95% of the company’s stock.

Chart Industries Trading Up 4.4 %

GTLS opened at $183.80 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 50-day moving average price of $136.66 and a two-hundred day moving average price of $138.67. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $186.18. The stock has a market capitalization of $7.87 billion, a PE ratio of 53.28, a PEG ratio of 0.90 and a beta of 1.71.

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

Wall Street Analysts Forecast Growth

GTLS has been the subject of a number of research reports. The Goldman Sachs Group decreased their price objective on Chart Industries from $168.00 to $144.00 and set a “neutral” rating for the company in a research report on Thursday, August 29th. Wells Fargo & Company lowered their price objective on shares of Chart Industries from $151.00 to $146.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. Barclays cut their target price on shares of 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. Morgan Stanley upgraded shares of Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 price target on the stock in a report on Monday, September 16th. Finally, Bank of America cut their price objective on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, October 14th. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $178.82.

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.