NBW Capital LLC Sells 385 Shares of Chart Industries, Inc. (NYSE:GTLS)

NBW Capital LLC cut its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 0.8% during the fourth quarter, Holdings Channel reports. The fund owned 45,589 shares of the industrial products company’s stock after selling 385 shares during the period. Chart Industries makes up about 1.4% of NBW Capital LLC’s portfolio, making the stock its 28th biggest position. NBW Capital LLC’s holdings in Chart Industries were worth $6,215,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of GTLS. Belpointe Asset Management LLC grew its position in Chart Industries by 164.6% during the 1st quarter. Belpointe Asset Management LLC now owns 217 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 135 shares during the last quarter. KB Financial Partners LLC bought a new stake in Chart Industries during the 1st quarter worth approximately $28,000. Moisand Fitzgerald Tamayo LLC grew its position in Chart Industries by 645.2% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 231 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 200 shares during the last quarter. ICA Group Wealth Management LLC bought a new position in Chart Industries in the 4th quarter valued at $73,000. Finally, Mendota Financial Group LLC bought a new position in Chart Industries in the 4th quarter valued at $77,000.

Analyst Ratings Changes

A number of brokerages have commented on GTLS. TD Cowen increased their price objective on Chart Industries from $230.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, February 29th. UBS Group upgraded Chart Industries from a “neutral” rating to a “buy” rating and increased their price objective for the company from $152.00 to $170.00 in a research report on Tuesday, March 19th. Raymond James upgraded Chart Industries from an “outperform” rating to a “strong-buy” rating and set a $190.00 price objective on the stock in a research report on Thursday, January 4th. Wells Fargo & Company increased their price objective on Chart Industries from $155.00 to $172.00 and gave the company an “overweight” rating in a research report on Friday, March 1st. Finally, Morgan Stanley began coverage on Chart Industries in a research report on Thursday. They issued an “equal weight” rating and a $200.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $194.85.

Chart Industries Trading Up 1.3 %

Chart Industries stock traded up $1.88 during mid-day trading on Thursday, hitting $149.47. 222,030 shares of the company’s stock were exchanged, compared to its average volume of 612,302. The firm has a market capitalization of $6.28 billion, a P/E ratio of 388.74, a PEG ratio of 0.41 and a beta of 1.70. Chart Industries, Inc. has a fifty-two week low of $106.66 and a fifty-two week high of $184.65. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 1.22. The company’s 50 day simple moving average is $144.96 and its 200-day simple moving average is $136.77.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings data on Wednesday, February 28th. The industrial products company reported $2.25 EPS for the quarter, topping the consensus estimate of $2.13 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.09 billion. Chart Industries had a return on equity of 9.27% and a net margin of 1.00%. The firm’s revenue was up 130.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.67 EPS. On average, equities analysts anticipate that Chart Industries, Inc. will post 11.79 earnings per share for the current 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.