Chart Industries, Inc. (NYSE:GTLS) Shares Purchased by Lifestyle Asset Management Inc.

Lifestyle Asset Management Inc. boosted its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 13.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 2,267 shares of the industrial products company’s stock after acquiring an additional 269 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in Chart Industries were worth $281,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC purchased a new position in shares of Chart Industries during the 1st quarter valued at about $30,000. UMB Bank n.a. boosted its position in Chart Industries by 418.0% in the 3rd quarter. UMB Bank n.a. now owns 316 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 255 shares in the last quarter. Byrne Asset Management LLC acquired a new stake in shares of Chart Industries during the 2nd quarter worth approximately $40,000. Ecofi Investissements SA purchased a new position in shares of Chart Industries during the 2nd quarter valued at approximately $50,000. Finally, Covestor Ltd lifted its stake in shares of Chart Industries by 509.8% in the 1st quarter. Covestor Ltd now owns 372 shares of the industrial products company’s stock valued at $61,000 after purchasing an additional 311 shares during the period.

Chart Industries Stock Down 1.6 %

Shares of NYSE GTLS opened at $163.29 on Friday. Chart Industries, Inc. has a 12-month low of $101.60 and a 12-month high of $171.68. The stock has a market cap of $6.99 billion, a PE ratio of 47.33, a P/E/G ratio of 0.73 and a beta of 1.71. 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 company has a 50-day moving average of $124.06 and a 200 day moving average of $137.24.

Chart Industries (NYSE:GTLS) last issued its earnings results 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). The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. Chart Industries’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period last year, the firm earned $1.28 earnings per share. As a group, sell-side analysts predict that Chart Industries, Inc. will post 9 EPS for the current fiscal year.

Insider Activity

In related news, CEO Jillian C. Evanko bought 440 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was purchased at an average price of $114.31 per share, for a total transaction 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. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. In other Chart Industries news, Director Paul E. Mahoney purchased 500 shares of the firm’s stock in a transaction on Wednesday, September 11th. The stock was bought at an average price of $106.55 per share, with a total value of $53,275.00. Following the transaction, the director now directly owns 2,107 shares of the company’s stock, valued at approximately $224,500.85. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jillian C. Evanko acquired 440 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were bought at an average cost of $114.31 per share, for a total transaction of $50,296.40. Following the transaction, the chief executive officer now directly owns 125,448 shares of the company’s stock, valued at approximately $14,339,960.88. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 7,152 shares of company stock valued at $482,278 in the last quarter. Insiders own 0.95% of the company’s stock.

Analysts Set New Price Targets

GTLS has been the topic of several analyst reports. The Goldman Sachs Group dropped their price target on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. Wells Fargo & Company cut their price target on Chart Industries from $151.00 to $146.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. Evercore ISI upgraded Chart Industries to a “strong-buy” rating in a research report on Monday, August 5th. Barclays reduced their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research note on Monday. Finally, Morgan Stanley raised shares of Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 price target on the stock in a research note on Monday, September 16th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $178.82.

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.