Banque Cantonale Vaudoise Invests $192,000 in Chart Industries, Inc. (NYSE:GTLS)

Banque Cantonale Vaudoise acquired a new stake in Chart Industries, Inc. (NYSE:GTLS) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,325 shares of the industrial products company’s stock, valued at approximately $192,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Capital Analysts LLC bought a new stake in shares of Chart Industries during the 4th quarter valued at $25,000. Opal Wealth Advisors LLC acquired a new stake in shares of Chart Industries during the first quarter worth $25,000. Global X Japan Co. Ltd. increased its holdings in Chart Industries by 142.9% in the first quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 100 shares during the last quarter. Hughes Financial Services LLC bought a new stake in Chart Industries in the first quarter valued at about $44,000. Finally, Byrne Asset Management LLC acquired a new position in Chart Industries in the first quarter valued at about $45,000.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Craig Hallum lowered Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 29th. Stifel Nicolaus decreased their price objective on shares of Chart Industries from $231.00 to $214.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. TD Cowen downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday. The Goldman Sachs Group set a $180.00 price target on shares of Chart Industries and gave the stock a “neutral” rating in a research report on Wednesday, May 28th. Finally, Cowen cut shares of Chart Industries from a “buy” rating to a “hold” rating in a research report on Wednesday. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $202.00.

Chart Industries Price Performance

GTLS stock opened at $198.75 on Friday. The stock has a 50-day moving average price of $162.50 and a two-hundred day moving average price of $163.91. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The stock has a market cap of $8.93 billion, a PE ratio of 36.94, a price-to-earnings-growth ratio of 0.78 and a beta of 1.59. The company has a current ratio of 1.55, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.62 by ($0.03). Chart Industries had a return on equity of 13.71% and a net margin of 6.29%. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.11 billion. Equities analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

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.