Mariner LLC Has $1.19 Million Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Mariner LLC raised its position in Chart Industries, Inc. (NYSE:GTLS) by 35.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,259 shares of the industrial products company’s stock after purchasing an additional 1,640 shares during the period. Mariner LLC’s holdings in Chart Industries were worth $1,194,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of GTLS. Archford Capital Strategies LLC raised its stake in Chart Industries by 2.2% during the 4th quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company’s stock worth $433,000 after buying an additional 48 shares during the period. Assetmark Inc. lifted its holdings in shares of Chart Industries by 3.0% during the 4th quarter. Assetmark Inc. now owns 2,185 shares of the industrial products company’s stock valued at $417,000 after purchasing an additional 64 shares in the last quarter. Blue Trust Inc. grew its position in shares of Chart Industries by 56.0% in the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 65 shares during the period. Lindbrook Capital LLC increased its stake in Chart Industries by 43.4% during the 4th quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 69 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Chart Industries by 129.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company’s stock worth $31,000 after buying an additional 92 shares during the period.

Analyst Ratings Changes

GTLS has been the subject of several research reports. The Goldman Sachs Group lowered their price objective on shares of Chart Industries from $197.00 to $173.00 and set a “neutral” rating for the company in a research report on Thursday. Stifel Nicolaus cut their price target on Chart Industries from $231.00 to $214.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. TD Cowen lifted their target price on Chart Industries from $205.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Barclays reduced their price target on Chart Industries from $165.00 to $160.00 and set an “equal weight” rating for the company in a research report on Thursday, April 10th. Finally, Citigroup lifted their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $197.67.

Chart Industries Stock Performance

GTLS opened at $135.67 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 12-month low of $101.60 and a 12-month high of $220.03. The business has a 50 day moving average of $147.33 and a 200-day moving average of $168.98. The stock has a market cap of $6.10 billion, a price-to-earnings ratio of 39.32, a PEG ratio of 0.57 and a beta of 1.68.

Chart Industries (NYSE:GTLS) last announced its quarterly earnings results on Friday, February 28th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.20 by ($0.54). The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.25 EPS. On average, equities research analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

Insider Transactions at Chart Industries

In other Chart Industries news, VP Gerald F. Vinci purchased 175 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the transaction, the vice president now owns 475 shares in the company, valued at $70,247.75. The trade was a 58.33 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Linda S. Harty acquired 500 shares of the company’s stock in a transaction on Monday, March 10th. The stock was acquired at an average price of $140.85 per share, with a total value of $70,425.00. Following the purchase, the director now directly owns 11,684 shares in the company, valued at approximately $1,645,691.40. This represents a 4.47 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 1,109 shares of company stock worth $160,845 over the last quarter. Company insiders own 0.99% of the company’s stock.

Chart Industries 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.