Mutual of America Capital Management LLC Boosts Stock Holdings in Chart Industries, Inc. $GTLS

Mutual of America Capital Management LLC grew its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 4.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,398 shares of the industrial products company’s stock after acquiring an additional 2,323 shares during the quarter. Mutual of America Capital Management LLC owned 0.12% of Chart Industries worth $9,121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc boosted its holdings in Chart Industries by 4.7% during the 2nd quarter. IFP Advisors Inc now owns 1,415 shares of the industrial products company’s stock worth $258,000 after acquiring an additional 63 shares during the last quarter. Xponance Inc. boosted its holdings in shares of Chart Industries by 1.4% in the 1st quarter. Xponance Inc. now owns 6,116 shares of the industrial products company’s stock worth $883,000 after buying an additional 85 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Chart Industries by 1.5% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,781 shares of the industrial products company’s stock worth $979,000 after buying an additional 98 shares during the last quarter. State of Michigan Retirement System boosted its holdings in shares of Chart Industries by 1.0% in the 1st quarter. State of Michigan Retirement System now owns 10,100 shares of the industrial products company’s stock worth $1,458,000 after buying an additional 100 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its holdings in shares of Chart Industries by 0.9% in the 1st quarter. Louisiana State Employees Retirement System now owns 11,800 shares of the industrial products company’s stock worth $1,703,000 after buying an additional 100 shares during the last quarter.

Analyst Ratings Changes

A number of equities analysts recently weighed in on GTLS shares. Cowen downgraded shares of Chart Industries from a “buy” rating to a “hold” rating in a report on Wednesday, July 30th. Craig Hallum downgraded shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 29th. Barclays cut their price target on shares of Chart Industries from $171.00 to $169.00 and set an “equal weight” rating on the stock in a report on Thursday, July 10th. Raymond James Financial reissued a “market perform” rating on shares of Chart Industries in a report on Wednesday, July 30th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Chart Industries in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Chart Industries presently has an average rating of “Hold” and a consensus price target of $204.85.

Chart Industries Trading Down 0.1%

Shares of Chart Industries stock opened at $199.91 on Monday. Chart Industries, Inc. has a 52-week low of $104.60 and a 52-week high of $220.03. The stock’s 50-day simple moving average is $199.37 and its 200 day simple moving average is $171.28. The stock has a market capitalization of $8.98 billion, a P/E ratio of 37.16, a P/E/G ratio of 1.16 and a beta of 1.71. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.27 and a current ratio of 1.55.

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