Yousif Capital Management LLC Has $2.51 Million Stake in Chart Industries, Inc. $GTLS

Yousif Capital Management LLC boosted its stake in Chart Industries, Inc. (NYSE:GTLS) by 4.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,213 shares of the industrial products company’s stock after buying an additional 707 shares during the quarter. Yousif Capital Management LLC’s holdings in Chart Industries were worth $2,505,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Global X Japan Co. Ltd. boosted its stake in Chart Industries by 142.9% in the first quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 100 shares in the last quarter. Brooklyn Investment Group raised its position in shares of Chart Industries by 19,900.0% during the first quarter. Brooklyn Investment Group now owns 200 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 199 shares during the last quarter. Toth Financial Advisory Corp bought a new stake in Chart Industries in the second quarter valued at about $33,000. SVB Wealth LLC bought a new stake in Chart Industries in the first quarter valued at about $30,000. Finally, Atticus Wealth Management LLC bought a new stake in Chart Industries in the second quarter valued at about $34,000.

Analyst Ratings Changes

A number of research firms have issued reports on GTLS. BTIG Research cut Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. Lake Street Capital cut Chart Industries from a “strong-buy” rating to a “hold” rating and set a $210.00 price objective for the company. in a research report on Wednesday, July 30th. Barclays reduced their price target on Chart Industries from $171.00 to $169.00 and set an “equal weight” rating for the company in a research report on Thursday, July 10th. Raymond James Financial reissued a “market perform” rating on shares of Chart Industries in a research report on Wednesday, July 30th. Finally, Citigroup cut Chart Industries from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Three research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $204.85.

Chart Industries Price Performance

NYSE:GTLS opened at $199.91 on Friday. The firm has a market capitalization of $8.98 billion, a price-to-earnings ratio of 37.16, a P/E/G ratio of 1.16 and a beta of 1.71. The company has a quick ratio of 1.27, a current ratio of 1.55 and a debt-to-equity ratio of 1.04. Chart Industries, Inc. has a 12-month low of $104.60 and a 12-month high of $220.03. The stock’s 50 day moving average price is $199.37 and its two-hundred day moving average price is $170.82.

Chart Industries (NYSE:GTLS) last announced its earnings results on Tuesday, July 29th. The industrial products company reported $2.59 earnings per share for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.03). The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.11 billion. Chart Industries had a return on equity of 13.71% and a net margin of 6.29%. On average, analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

About Chart Industries

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.