Blume Capital Management Inc. reduced its stake in Chart Industries, Inc. (NYSE:GTLS – Free Report) by 0.4% during the 4th quarter, Holdings Channel reports. The fund owned 17,617 shares of the industrial products company’s stock after selling 75 shares during the period. Blume Capital Management Inc.’s holdings in Chart Industries were worth $3,362,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently bought and sold shares of the stock. King Luther Capital Management Corp raised its holdings in Chart Industries by 2.9% in the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock valued at $128,100,000 after acquiring an additional 29,139 shares during the period. Geode Capital Management LLC raised its holdings in Chart Industries by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company’s stock valued at $123,318,000 after acquiring an additional 19,534 shares during the period. Principal Financial Group Inc. raised its holdings in Chart Industries by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company’s stock valued at $99,673,000 after acquiring an additional 32,442 shares during the period. Fisher Asset Management LLC raised its holdings in Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock valued at $73,551,000 after acquiring an additional 13,181 shares during the period. Finally, Wellington Management Group LLP raised its holdings in Chart Industries by 90.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company’s stock valued at $68,461,000 after acquiring an additional 262,592 shares during the period.
Insider Buying and Selling at Chart Industries
In other news, VP Gerald F. Vinci bought 175 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average price of $147.89 per share, with a total value of $25,880.75. Following the completion of the purchase, the vice president now directly owns 475 shares of the company’s stock, valued at approximately $70,247.75. This represents a 58.33 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jillian C. Evanko bought 350 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average cost of $150.35 per share, with a total value of $52,622.50. Following the purchase, the chief executive officer now directly owns 137,666 shares of the company’s stock, valued at $20,698,083.10. The trade was a 0.25 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 1,109 shares of company stock worth $160,845 over the last quarter. Corporate insiders own 0.95% of the company’s stock.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on GTLS
Chart Industries Stock Performance
NYSE GTLS opened at $142.65 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 41.35, a P/E/G ratio of 0.57 and a beta of 1.87. The firm’s 50 day simple moving average is $193.53 and its 200 day simple moving average is $165.32. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03.
Chart Industries (NYSE:GTLS – Get Free Report) last issued its earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share for the quarter, missing analysts’ consensus estimates of $3.20 by ($0.54). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the prior year, the business earned $2.25 EPS. The business’s quarterly revenue was up 9.0% on a year-over-year basis. As a group, research analysts expect that Chart Industries, Inc. will post 9.02 earnings per share 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.
See Also
- Five stocks we like better than Chart Industries
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- 3 Undervalued Stocks You Can Buy at a Discount Now
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Want to see what other hedge funds are holding GTLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chart Industries, Inc. (NYSE:GTLS – Free Report).
Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.