Police & Firemen s Retirement System of New Jersey Raises Stock Holdings in Chart Industries, Inc. $GTLS

Police & Firemen s Retirement System of New Jersey raised its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 11.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 10,258 shares of the industrial products company’s stock after purchasing an additional 1,026 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Chart Industries were worth $1,689,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. IFP Advisors Inc lifted its position in Chart Industries by 4.7% during the second quarter. IFP Advisors Inc now owns 1,415 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 63 shares during the period. Allworth Financial LP raised its stake in Chart Industries by 74.5% during the 2nd quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock valued at $27,000 after buying an additional 70 shares during the last quarter. Bessemer Group Inc. raised its stake in Chart Industries by 93.0% during the 2nd quarter. Bessemer Group Inc. now owns 193 shares of the industrial products company’s stock valued at $32,000 after buying an additional 93 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Chart Industries by 4.2% during the 2nd quarter. Harbour Investments Inc. now owns 2,454 shares of the industrial products company’s stock valued at $404,000 after buying an additional 100 shares during the period. Finally, Ethic Inc. boosted its stake in shares of Chart Industries by 3.8% in the 2nd quarter. Ethic Inc. now owns 2,812 shares of the industrial products company’s stock worth $472,000 after buying an additional 103 shares during the last quarter.

Chart Industries Trading Down 0.2%

Shares of NYSE:GTLS opened at $203.38 on Friday. The stock has a 50 day moving average of $200.51 and a 200 day moving average of $183.06. The company has a market cap of $9.14 billion, a PE ratio of 248.03, a price-to-earnings-growth ratio of 1.15 and a beta of 1.78. 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 1.40, a quick ratio of 1.27 and a debt-to-equity ratio of 1.08.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $2.78 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.24). The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Chart Industries had a net margin of 1.55% and a return on equity of 14.17%. Chart Industries’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.18 EPS. As a group, equities research analysts expect that Chart Industries, Inc. will post 9.02 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on GTLS shares. Citigroup cut Chart Industries from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Johnson Rice lowered 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 research report on Wednesday, July 30th. Lake Street Capital downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price objective on the stock. in a report on Wednesday, July 30th. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research report on Wednesday. Finally, Craig Hallum downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 29th. Three investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $205.08.

Chart Industries 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.