Sentry Investment Management LLC Purchases New Holdings in Chart Industries, Inc. (NYSE:GTLS)

Sentry Investment Management LLC acquired a new position in shares of Chart Industries, Inc. (NYSE:GTLS) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 905 shares of the industrial products company’s stock, valued at approximately $123,000.

A number of other hedge funds have also recently bought and sold shares of GTLS. Belpointe Asset Management LLC lifted its stake in shares of Chart Industries by 164.6% during the first quarter. Belpointe Asset Management LLC now owns 217 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 135 shares during the period. KB Financial Partners LLC acquired a new position in Chart Industries during the 1st quarter valued at about $28,000. Moisand Fitzgerald Tamayo LLC grew its position in shares of 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 buying an additional 200 shares during the period. ICA Group Wealth Management LLC acquired a new position in Chart Industries in the fourth quarter valued at approximately $73,000. Finally, Mendota Financial Group LLC bought a new position in Chart Industries in the fourth quarter valued at approximately $77,000.

Wall Street Analysts Forecast Growth

GTLS has been the topic of a number of analyst reports. Raymond James raised Chart Industries from an “outperform” rating to a “strong-buy” rating and set a $190.00 price target on the stock in a research note on Thursday, January 4th. TD Cowen boosted their price target on shares of Chart Industries from $230.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, February 29th. 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 report on Friday, March 1st. Finally, UBS Group raised shares of Chart Industries from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $152.00 to $170.00 in a research report on Tuesday, March 19th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Chart Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $194.42.

Chart Industries Stock Performance

GTLS opened at $147.72 on Thursday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.19 and a quick ratio of 0.88. The company has a market capitalization of $6.21 billion, a PE ratio of 388.74, a price-to-earnings-growth ratio of 0.41 and a beta of 1.70. The business has a fifty day simple moving average of $144.96 and a 200 day simple moving average of $136.77. Chart Industries, Inc. has a 1 year low of $106.66 and a 1 year high of $184.65.

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