Amalgamated Bank acquired a new position in shares of Chart Industries, Inc. (NASDAQ:GTLS) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,412 shares of the industrial products company’s stock, valued at approximately $207,000.
Several other large investors have also added to or reduced their stakes in GTLS. Crossmark Global Holdings Inc. acquired a new position in shares of Chart Industries during the 3rd quarter worth about $231,000. BNP Paribas Arbitrage SA boosted its position in shares of Chart Industries by 26.9% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 17,313 shares of the industrial products company’s stock worth $679,000 after acquiring an additional 3,669 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in shares of Chart Industries by 59.3% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 11,530 shares of the industrial products company’s stock worth $452,000 after acquiring an additional 4,290 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Chart Industries by 5.8% during the 3rd quarter. Rhumbline Advisers now owns 67,763 shares of the industrial products company’s stock worth $2,658,000 after acquiring an additional 3,685 shares in the last quarter. Finally, Granite Investment Partners LLC boosted its position in shares of Chart Industries by 6.1% during the 3rd quarter. Granite Investment Partners LLC now owns 286,758 shares of the industrial products company’s stock worth $11,249,000 after acquiring an additional 16,496 shares in the last quarter. 94.45% of the stock is owned by institutional investors and hedge funds.
Shares of Chart Industries stock opened at $59.87 on Monday. The stock has a market capitalization of $1,851.30, a PE ratio of 66.52, a P/E/G ratio of 1.29 and a beta of 1.19. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.64 and a quick ratio of 1.10. Chart Industries, Inc. has a 1 year low of $32.04 and a 1 year high of $61.75.
Chart Industries (NASDAQ:GTLS) last announced its earnings results on Thursday, February 22nd. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.15. The firm had revenue of $306.00 million during the quarter, compared to analysts’ expectations of $282.19 million. Chart Industries had a return on equity of 4.44% and a net margin of 2.84%. Chart Industries’s revenue for the quarter was up 42.7% on a year-over-year basis. research analysts anticipate that Chart Industries, Inc. will post 1.85 earnings per share for the current year.
GTLS has been the subject of a number of research analyst reports. TheStreet raised Chart Industries from a “c” rating to a “b-” rating in a research report on Friday, March 2nd. Zacks Investment Research raised Chart Industries from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Thursday, February 8th. BidaskClub cut Chart Industries from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 6th. Lake Street Capital set a $59.00 target price on Chart Industries and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Finally, Craig Hallum raised Chart Industries from a “hold” rating to a “buy” rating in a research report on Thursday, February 22nd. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $54.83.
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Chart Industries Company Profile
Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.
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