Chart Industries, Inc. (NYSE:GTLS) Stock Holdings Lifted by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky raised its position in Chart Industries, Inc. (NYSE:GTLSGet Rating) by 9.2% during the first quarter, HoldingsChannel.com reports. The firm owned 26,602 shares of the industrial products company’s stock after buying an additional 2,232 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Chart Industries were worth $4,569,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in shares of Chart Industries by 4.7% during the 1st quarter. Bank of America Corp DE now owns 267,940 shares of the industrial products company’s stock worth $46,024,000 after acquiring an additional 12,035 shares in the last quarter. Verition Fund Management LLC bought a new stake in shares of Chart Industries during the 1st quarter worth about $1,031,000. Walleye Capital LLC bought a new stake in shares of Chart Industries during the 1st quarter worth about $532,000. Neuberger Berman Group LLC boosted its stake in shares of Chart Industries by 195.9% during the 1st quarter. Neuberger Berman Group LLC now owns 102,097 shares of the industrial products company’s stock worth $17,537,000 after acquiring an additional 67,594 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Chart Industries by 141.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 44,227 shares of the industrial products company’s stock worth $7,597,000 after acquiring an additional 25,876 shares in the last quarter.

Chart Industries Trading Down 3.5 %

Shares of GTLS opened at $201.34 on Monday. Chart Industries, Inc. has a 1 year low of $108.29 and a 1 year high of $218.95. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.41. The stock has a 50 day simple moving average of $196.43 and a 200-day simple moving average of $177.24. The stock has a market cap of $7.37 billion, a PE ratio of 166.40 and a beta of 1.50.

Chart Industries (NYSE:GTLSGet Rating) last issued its earnings results on Friday, July 29th. The industrial products company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.07. Chart Industries had a return on equity of 6.28% and a net margin of 3.42%. The business had revenue of $404.80 million during the quarter, compared to analysts’ expectations of $391.17 million. On average, sell-side analysts predict that Chart Industries, Inc. will post 4.51 EPS for the current fiscal year.

Analysts Set New Price Targets

GTLS has been the subject of several research analyst reports. Barclays boosted their price objective on Chart Industries from $189.00 to $197.00 in a research report on Wednesday, August 3rd. Cowen boosted their price objective on Chart Industries from $195.00 to $225.00 in a research report on Monday, August 1st. Morgan Stanley boosted their price objective on Chart Industries from $175.00 to $205.00 and gave the stock an “overweight” rating in a research report on Thursday, June 9th. The Goldman Sachs Group raised Chart Industries from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $200.00 to $259.00 in a research report on Thursday. Finally, Craig Hallum boosted their price objective on Chart Industries from $225.00 to $243.00 in a research report on Monday, August 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $217.00.

Chart Industries Company Profile

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Chart Industries, Inc manufactures and sells engineered equipment for the energy and industrial gas industries worldwide. The company operates through four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing. It provides bulk and packaged gas cryogenic solutions for the storage, distribution, vaporization, and application of industrial gases; cryogenic trailers, ISO containers, bulk storage tanks, loading facilities, and regasification equipment for delivering liquefied natural gas (LNG) into virtual pipeline applications; and large vacuum insulated storage tanks as equipment for purchasers of standard liquefaction plants.

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Institutional Ownership by Quarter for Chart Industries (NYSE:GTLS)

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