VIRGINIA RETIREMENT SYSTEMS ET Al Acquires Shares of 10,600 Chart Industries, Inc. $GTLS

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Chart Industries, Inc. (NYSE:GTLS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,600 shares of the industrial products company’s stock, valued at approximately $1,745,000.

Several other large investors also recently bought and sold shares of GTLS. GAMMA Investing LLC boosted its stake in Chart Industries by 118.6% in the first quarter. GAMMA Investing LLC now owns 1,270 shares of the industrial products company’s stock valued at $183,000 after acquiring an additional 689 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Chart Industries by 1,201.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 39,650 shares of the industrial products company’s stock valued at $5,724,000 after buying an additional 36,604 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Chart Industries by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 4,928 shares of the industrial products company’s stock valued at $711,000 after buying an additional 130 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Chart Industries by 1.5% in the first quarter. Oppenheimer Asset Management Inc. now owns 6,781 shares of the industrial products company’s stock valued at $979,000 after buying an additional 98 shares during the last quarter. Finally, Archford Capital Strategies LLC raised its holdings in shares of Chart Industries by 122.9% in the first quarter. Archford Capital Strategies LLC now owns 5,058 shares of the industrial products company’s stock valued at $730,000 after buying an additional 2,789 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on GTLS shares. Barclays reduced their target price on shares of Chart Industries from $171.00 to $169.00 and set an “equal weight” rating for the company in a report on Thursday, July 10th. Raymond James Financial reiterated a “market perform” rating on shares of Chart Industries in a research note on Wednesday, July 30th. Johnson Rice cut shares of Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price target for the company. in a report on Wednesday, July 30th. Craig Hallum cut shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 29th. Finally, Hsbc Global Res raised shares of Chart Industries to a “hold” rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $204.85.

Chart Industries Trading Up 0.0%

Shares of Chart Industries stock opened at $199.64 on Thursday. Chart Industries, Inc. has a 12-month low of $104.60 and a 12-month high of $220.03. The company has a current ratio of 1.55, a quick ratio of 1.27 and a debt-to-equity ratio of 1.04. The stock has a market cap of $8.97 billion, a PE ratio of 37.11, a price-to-earnings-growth ratio of 1.15 and a beta of 1.71. The company has a 50-day moving average of $199.42 and a two-hundred day moving average of $172.25.

Chart Industries (NYSE:GTLS) last issued its earnings results on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.03). Chart Industries had a net margin of 6.29% and a return on equity of 13.71%. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.11 billion. On average, research analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current fiscal year.

Chart Industries Company Profile

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.