Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Kingfisher Capital LLC

Kingfisher Capital LLC lessened its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 12.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,870 shares of the industrial products company’s stock after selling 2,738 shares during the quarter. Kingfisher Capital LLC’s holdings in Chart Industries were worth $2,343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in GTLS. EFG Asset Management North America Corp. grew its holdings in Chart Industries by 0.5% in the 2nd quarter. EFG Asset Management North America Corp. now owns 13,279 shares of the industrial products company’s stock valued at $1,916,000 after buying an additional 63 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in Chart Industries by 3.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,871 shares of the industrial products company’s stock worth $270,000 after acquiring an additional 64 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Chart Industries by 0.7% in the 2nd quarter. Arizona State Retirement System now owns 11,836 shares of the industrial products company’s stock worth $1,708,000 after purchasing an additional 87 shares during the period. Aristeia Capital L.L.C. lifted its stake in shares of Chart Industries by 3.7% in the 2nd quarter. Aristeia Capital L.L.C. now owns 2,611 shares of the industrial products company’s stock valued at $377,000 after purchasing an additional 92 shares in the last quarter. Finally, Register Financial Advisors LLC grew its holdings in shares of Chart Industries by 1.6% during the 2nd quarter. Register Financial Advisors LLC now owns 6,361 shares of the industrial products company’s stock worth $918,000 after purchasing an additional 100 shares during the period.

Chart Industries Stock Performance

Shares of NYSE GTLS opened at $195.60 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. Chart Industries, Inc. has a 12-month low of $101.60 and a 12-month high of $196.18. The stock has a 50 day simple moving average of $141.00 and a 200-day simple moving average of $139.46. The company has a market cap of $8.37 billion, a PE ratio of 56.70, a P/E/G ratio of 1.00 and a beta of 1.71.

Chart Industries (NYSE:GTLS) last announced its earnings results 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). The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.10 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.28 EPS. On average, equities research analysts forecast that Chart Industries, Inc. will post 9.03 EPS for the current year.

Insider Buying and Selling at Chart Industries

In other Chart Industries news, CEO Jillian C. Evanko bought 440 shares of Chart Industries stock in a transaction on Thursday, September 5th. The stock was purchased at an average cost of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the purchase, the chief executive officer now directly owns 125,448 shares of the company’s stock, valued at $14,339,960.88. The trade was a 0.35 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul E. Mahoney bought 500 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were bought at an average price of $106.55 per share, for a total transaction of $53,275.00. Following the completion of the acquisition, the director now owns 2,107 shares of the company’s stock, valued at approximately $224,500.85. This represents a 31.11 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 7,152 shares of company stock valued at $482,278 in the last three months. 0.95% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on GTLS. The Goldman Sachs Group cut their price target on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a report on Thursday, August 29th. Morgan Stanley raised shares of Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 target price on the stock in a research note on Monday, September 16th. Evercore ISI raised shares of Chart Industries to a “strong-buy” rating in a research report on Monday, August 5th. Barclays cut their price objective on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Monday, November 4th. Finally, Bank of America decreased their target price on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Chart Industries presently has a consensus 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.