Vontobel Holding Ltd. Sells 10,137 Shares of Chart Industries, Inc. (NYSE:GTLS)

Vontobel Holding Ltd. lessened its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 15.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,049 shares of the industrial products company’s stock after selling 10,137 shares during the quarter. Vontobel Holding Ltd. owned about 0.12% of Chart Industries worth $7,947,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Capital Analysts LLC bought a new stake in shares of Chart Industries during the 4th quarter valued at about $25,000. Opal Wealth Advisors LLC bought a new stake in Chart Industries in the 1st quarter worth approximately $25,000. Global X Japan Co. Ltd. lifted its position in Chart Industries by 142.9% in the 1st quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company’s stock worth $25,000 after buying an additional 100 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Chart Industries by 129.6% in 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 last quarter. Finally, Fairway Wealth LLC bought a new stake in Chart Industries in the 4th quarter worth approximately $34,000.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. The Goldman Sachs Group set a $180.00 target price on Chart Industries and gave the stock a “neutral” rating in a research report on Wednesday, May 28th. TD Cowen dropped their target price on Chart Industries from $210.00 to $205.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. Stifel Nicolaus dropped their target price on Chart Industries from $231.00 to $214.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Morgan Stanley dropped their target price on Chart Industries from $250.00 to $225.00 and set an “overweight” rating for the company in a research report on Friday, May 16th. Finally, Barclays boosted their target price on Chart Industries from $160.00 to $171.00 and gave the stock an “equal weight” rating in a research report on Monday, May 5th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $200.00.

Chart Industries Price Performance

GTLS stock opened at $168.17 on Thursday. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a market cap of $7.69 billion, a P/E ratio of 33.97, a PEG ratio of 0.64 and a beta of 1.68. The firm has a 50-day moving average of $154.32 and a 200 day moving average of $167.30. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.51 and a quick ratio of 1.21.

Chart Industries (NYSE:GTLS) last released its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.02. Chart Industries had a net margin of 5.93% and a return on equity of 13.93%. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the firm earned $1.49 earnings per share. Chart Industries’s revenue was up 38.8% on a year-over-year basis. On average, sell-side analysts forecast 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.