Natixis Advisors LLC Has $2.71 Million Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Natixis Advisors LLC boosted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 8.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,800 shares of the industrial products company’s stock after buying an additional 1,692 shares during the period. Natixis Advisors LLC’s holdings in Chart Industries were worth $2,706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of GTLS. Dimensional Fund Advisors LP grew its holdings in shares of Chart Industries by 504.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 463,466 shares of the industrial products company’s stock valued at $66,896,000 after acquiring an additional 386,821 shares in the last quarter. Point72 Asset Management L.P. grew its stake in Chart Industries by 323.0% in the second quarter. Point72 Asset Management L.P. now owns 416,150 shares of the industrial products company’s stock valued at $60,067,000 after purchasing an additional 317,775 shares in the last quarter. Boston Partners acquired a new position in Chart Industries in the 1st quarter worth about $30,755,000. Driehaus Capital Management LLC raised its stake in shares of Chart Industries by 385.3% during the 2nd quarter. Driehaus Capital Management LLC now owns 197,197 shares of the industrial products company’s stock worth $28,463,000 after purchasing an additional 156,562 shares in the last quarter. Finally, Primecap Management Co. CA acquired a new stake in shares of Chart Industries during the 2nd quarter valued at about $14,333,000.

Chart Industries Trading Up 4.4 %

Shares of GTLS stock opened at $183.80 on Monday. The firm has a market capitalization of $7.87 billion, a P/E ratio of 53.28, a price-to-earnings-growth ratio of 0.90 and a beta of 1.71. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $186.18. The firm’s fifty day simple moving average is $136.66 and its 200 day simple moving average is $138.54. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.38). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the company posted $1.28 EPS. The firm’s quarterly revenue was up 18.3% on a year-over-year basis. As a group, sell-side analysts predict that Chart Industries, Inc. will post 9.03 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have issued reports on GTLS shares. The Goldman Sachs Group reduced their target price on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating for the company in a research note on Thursday, August 29th. Bank of America reduced their price objective on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, October 14th. Stifel Nicolaus increased their target price on shares of Chart Industries from $198.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Evercore ISI raised Chart Industries to a “strong-buy” rating in a research report on Monday, August 5th. Finally, Morgan Stanley raised Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 price objective on the stock in a report on Monday, September 16th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Chart Industries currently has a consensus rating of “Moderate Buy” and a consensus target price of $178.82.

Insiders Place Their Bets

In other Chart Industries news, CEO Jillian C. Evanko acquired 440 shares of Chart Industries stock in a transaction dated Thursday, September 5th. The stock was bought at an average cost of $114.31 per share, with a total value of $50,296.40. Following the acquisition, the chief executive officer now owns 125,448 shares of the company’s stock, valued at approximately $14,339,960.88. The trade was a 0.35 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Linda S. Harty bought 5,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were acquired at an average price of $48.05 per share, for a total transaction of $240,250.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at $240,250. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders bought 7,152 shares of company stock worth $482,278. 0.95% of the stock is currently owned by company insiders.

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.