Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC decreased its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 1.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 38,040 shares of the industrial products company’s stock after selling 712 shares during the period. Moody Aldrich Partners LLC’s holdings in Chart Industries were worth $4,722,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in GTLS. Allspring Global Investments Holdings LLC acquired a new stake in Chart Industries in the 1st quarter valued at $30,000. UMB Bank n.a. grew its stake in Chart Industries by 418.0% in the 3rd quarter. UMB Bank n.a. now owns 316 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 255 shares during the period. Byrne Asset Management LLC acquired a new stake in Chart Industries in the 2nd quarter valued at $40,000. Ecofi Investissements SA acquired a new stake in Chart Industries during the 2nd quarter worth $50,000. Finally, Covestor Ltd boosted its stake in Chart Industries by 509.8% during the 1st quarter. Covestor Ltd now owns 372 shares of the industrial products company’s stock worth $61,000 after purchasing an additional 311 shares during the last quarter.

Chart Industries Trading Down 0.0 %

NYSE GTLS traded down $0.01 during trading on Thursday, hitting $120.60. The stock had a trading volume of 84,823 shares, compared to its average volume of 607,948. The company has a market capitalization of $5.16 billion, a PE ratio of 120.70, a PEG ratio of 0.40 and a beta of 1.70. The company has a quick ratio of 0.98, a current ratio of 1.27 and a debt-to-equity ratio of 1.28. The firm has a 50 day moving average price of $120.76 and a 200 day moving average price of $138.52. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $171.68.

Chart Industries (NYSE:GTLS) last released its earnings results on Friday, August 2nd. The industrial products company reported $2.18 earnings per share for the quarter, missing the consensus estimate of $2.57 by ($0.39). Chart Industries had a net margin of 2.80% and a return on equity of 12.27%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the firm earned $1.19 earnings per share. The business’s revenue was up 14.5% compared to the same quarter last year. As a group, equities research analysts forecast that Chart Industries, Inc. will post 10.42 earnings per share for the current year.

Insider Transactions at Chart Industries

In related news, CEO Jillian C. Evanko acquired 440 shares of the stock in a transaction dated Thursday, September 5th. The stock was acquired at an average cost of $114.31 per share, with a total value of $50,296.40. Following the completion of the transaction, the chief executive officer now owns 125,448 shares in the company, valued at $14,339,960.88. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Chart Industries news, Director Linda S. Harty purchased 5,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was purchased at an average cost of $48.05 per share, with a total value of $240,250.00. Following the completion of the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at $240,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jillian C. Evanko purchased 440 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was acquired at an average cost of $114.31 per share, with a total value of $50,296.40. Following the completion of the acquisition, the chief executive officer now directly owns 125,448 shares of the company’s stock, valued at $14,339,960.88. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 7,152 shares of company stock valued at $482,278. 0.95% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on GTLS. Bank of America lowered their target price on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. The Goldman Sachs Group lowered their target price on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a research note on Thursday, August 29th. Wells Fargo & Company lowered their target price 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. Barclays reduced their price target on Chart Industries from $147.00 to $146.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 16th. Finally, Craig Hallum reduced their price target on Chart Industries from $229.00 to $199.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $178.00.

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.