Chart Industries, Inc. $GTLS Shares Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lifted its holdings in Chart Industries, Inc. (NYSE:GTLS) by 499.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,761 shares of the industrial products company’s stock after acquiring an additional 18,961 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Chart Industries were worth $4,556,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GTLS. United Community Bank increased its stake in shares of Chart Industries by 364.5% in the third quarter. United Community Bank now owns 144 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 113 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Chart Industries by 95.9% in the third quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 71 shares during the period. Clearstead Advisors LLC grew its holdings in Chart Industries by 243.3% during the third quarter. Clearstead Advisors LLC now owns 230 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 163 shares during the period. Geneos Wealth Management Inc. grew its holdings in Chart Industries by 44.8% during the second quarter. Geneos Wealth Management Inc. now owns 323 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 100 shares during the period. Finally, CI Investments Inc. grew its holdings in Chart Industries by 36.9% during the third quarter. CI Investments Inc. now owns 271 shares of the industrial products company’s stock worth $54,000 after acquiring an additional 73 shares during the period.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Chart Industries in a report on Friday, March 27th. Zacks Research lowered Chart Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, March 13th. Finally, Wall Street Zen raised Chart Industries to a “hold” rating in a report on Saturday, April 4th. Two equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Chart Industries currently has an average rating of “Hold” and a consensus target price of $203.67.

Chart Industries Stock Up 0.0%

Shares of GTLS opened at $207.83 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 1.06. Chart Industries, Inc. has a 12 month low of $116.74 and a 12 month high of $208.24. The stock’s 50 day moving average is $207.15 and its two-hundred day moving average is $204.74. The firm has a market cap of $9.95 billion, a P/E ratio of 799.38, a PEG ratio of 0.81 and a beta of 1.70.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings data on Friday, February 27th. The industrial products company reported $2.51 EPS for the quarter, missing the consensus estimate of $3.48 by ($0.97). Chart Industries had a net margin of 0.95% and a return on equity of 13.55%. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the business posted $2.66 earnings per share. The firm’s revenue for the quarter was down 2.5% on a year-over-year basis. Analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

About Chart Industries

Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.

Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.