Lisanti Capital Growth LLC bought a new position in Chart Industries, Inc. (NYSE:GTLS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 31,240 shares of the industrial products company's stock, valued at approximately $5,962,000. Chart Industries comprises 1.4% of Lisanti Capital Growth LLC's portfolio, making the stock its 19th largest holding. Lisanti Capital Growth LLC owned about 0.07% of Chart Industries at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. King Luther Capital Management Corp raised its holdings in shares of Chart Industries by 2.9% in the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company's stock worth $128,100,000 after acquiring an additional 29,139 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Chart Industries by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company's stock worth $123,318,000 after acquiring an additional 19,534 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Chart Industries by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company's stock worth $99,673,000 after acquiring an additional 32,442 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company's stock worth $73,551,000 after acquiring an additional 13,181 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Chart Industries by 90.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company's stock worth $68,461,000 after acquiring an additional 262,592 shares during the last quarter.
Chart Industries stock opened at $143.08 on Friday. The company has a market capitalization of $6.13 billion, a P/E ratio of 41.47, a P/E/G ratio of 0.57 and a beta of 1.84. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The firm has a 50 day moving average price of $198.16 and a 200-day moving average price of $164.38. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03.
Chart Industries (NYSE:GTLS - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 EPS for the quarter, missing analysts' consensus estimates of $3.20 by ($0.54). The business had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The business's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.25 earnings per share. As a group, equities analysts predict that Chart Industries, Inc. will post 9.02 EPS for the current year.
In other Chart Industries news, CEO Jillian C. Evanko purchased 350 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the purchase, the chief executive officer now owns 137,666 shares of the company's stock, valued at $20,698,083.10. This represents a 0.25 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.95% of the stock is currently owned by corporate insiders.
A number of brokerages have issued reports on GTLS. Stifel Nicolaus upped their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. BTIG Research upped their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. Barclays upped their price objective on shares of Chart Industries from $145.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Wells Fargo & Company reduced their price objective on shares of Chart Industries from $215.00 to $214.00 and set an "overweight" rating for the company in a research report on Monday. Finally, The Goldman Sachs Group upped their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the stock a "neutral" rating in a research report on Friday, December 20th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Chart Industries currently has an average rating of "Moderate Buy" and a consensus target price of $194.08.
Get Our Latest Report on GTLS
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.
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