Hantz Financial Services Inc. Boosts Stake in Chart Industries, Inc. (NYSE:GTLS)

Hantz Financial Services Inc. boosted its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 98.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,007 shares of the industrial products company’s stock after purchasing an additional 8,911 shares during the period. Hantz Financial Services Inc.’s holdings in Chart Industries were worth $2,235,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. King Luther Capital Management Corp boosted its position in shares of Chart Industries by 2.9% in the third quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock worth $128,100,000 after purchasing an additional 29,139 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Chart Industries by 4.2% during the 3rd quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company’s stock valued at $99,673,000 after buying an additional 32,442 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in 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 buying an additional 13,181 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Chart Industries by 2.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 501,888 shares of the industrial products company’s stock worth $62,304,000 after buying an additional 11,706 shares in the last quarter. Finally, Perpetual Ltd raised its holdings in Chart Industries by 7.3% during the third quarter. Perpetual Ltd now owns 500,256 shares of the industrial products company’s stock valued at $62,102,000 after acquiring an additional 34,153 shares during the period.

Insider Activity at Chart Industries

In other Chart Industries news, CEO Jillian C. Evanko bought 440 shares of the company’s stock in a transaction on Thursday, September 5th. The stock was acquired at an average price of $114.31 per share, for a total transaction of $50,296.40. Following the completion of the transaction, the chief executive officer now directly owns 125,448 shares of the company’s stock, valued at approximately $14,339,960.88. This represents a 0.35 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul E. Mahoney purchased 500 shares of Chart Industries stock in a transaction dated Wednesday, September 11th. The stock was acquired at an average price of $106.55 per share, for a total transaction of $53,275.00. Following the completion of the acquisition, the director now owns 2,107 shares of the company’s stock, valued at approximately $224,500.85. This trade represents a 31.11 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 7,152 shares of company stock worth $482,278. Company insiders own 0.95% of the company’s stock.

Chart Industries Stock Performance

Chart Industries stock opened at $193.25 on Friday. The company’s 50-day moving average price is $143.84 and its 200-day moving average price is $140.12. 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 company has a market cap of $8.27 billion, a PE ratio of 56.01, a price-to-earnings-growth ratio of 1.00 and a beta of 1.71. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $196.91.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings data on Friday, November 1st. The industrial products company reported $2.18 earnings per share for the quarter, missing the consensus estimate of $2.56 by ($0.38). The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.10 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The company’s revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.28 earnings per share. On average, equities research analysts forecast that Chart Industries, Inc. will post 9.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company dropped their price objective on Chart Industries from $151.00 to $146.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. Craig Hallum upped their price target on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Morgan Stanley upgraded shares of Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 price objective on the stock in a research report on Monday, September 16th. Bank of America dropped their target price on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Finally, Stifel Nicolaus boosted their price target on shares of Chart Industries from $198.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $178.82.

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.