Chart Industries, Inc. $GTLS Position Increased by Cascade Investment Advisors Inc.

Cascade Investment Advisors Inc. raised its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 6.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,715 shares of the industrial products company’s stock after buying an additional 515 shares during the period. Cascade Investment Advisors Inc.’s holdings in Chart Industries were worth $1,435,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Yousif Capital Management LLC boosted its holdings in Chart Industries by 4.9% during the second quarter. Yousif Capital Management LLC now owns 15,213 shares of the industrial products company’s stock worth $2,505,000 after buying an additional 707 shares in the last quarter. CWM LLC boosted its holdings in Chart Industries by 89.2% during the second quarter. CWM LLC now owns 1,922 shares of the industrial products company’s stock worth $316,000 after buying an additional 906 shares in the last quarter. Trust Co. of Toledo NA OH bought a new stake in Chart Industries during the second quarter worth approximately $54,000. Eastern Bank boosted its holdings in Chart Industries by 5.1% during the second quarter. Eastern Bank now owns 92,634 shares of the industrial products company’s stock worth $15,252,000 after buying an additional 4,487 shares in the last quarter. Finally, JB Capital LLC boosted its holdings in Chart Industries by 6.0% during the second quarter. JB Capital LLC now owns 12,709 shares of the industrial products company’s stock worth $2,093,000 after buying an additional 723 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Seaport Res Ptn lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Barclays decreased their price objective on shares of Chart Industries from $171.00 to $169.00 and set an “equal weight” rating for the company in a research note on Thursday, July 10th. Hsbc Global Res raised shares of Chart Industries to a “hold” rating in a research note on Wednesday, July 30th. UBS Group reaffirmed a “neutral” rating and issued a $210.00 price objective (down previously from $225.00) on shares of Chart Industries in a research note on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Chart Industries in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Chart Industries presently has an average rating of “Hold” and an average target price of $202.00.

Chart Industries Stock Down 0.2%

GTLS stock opened at $199.82 on Monday. The company has a current ratio of 1.55, a quick ratio of 1.27 and a debt-to-equity ratio of 1.04. Chart Industries, Inc. has a 1 year low of $104.60 and a 1 year high of $220.03. The company has a fifty day simple moving average of $199.24 and a 200 day simple moving average of $169.27. The firm has a market cap of $8.98 billion, a PE ratio of 37.14, a PEG ratio of 1.16 and a beta of 1.71.

Chart Industries (NYSE:GTLS) last announced its earnings results on Tuesday, July 29th. The industrial products company reported $2.59 EPS for the quarter, missing the consensus estimate of $2.62 by ($0.03). The firm had revenue of $1.08 billion during 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%. Sell-side analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current fiscal 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.