Aurora Investment Counsel Has $1.19 Million Stock Position in Chart Industries, Inc. $GTLS

Aurora Investment Counsel lifted its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 10.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 7,240 shares of the industrial products company’s stock after buying an additional 679 shares during the period. Aurora Investment Counsel’s holdings in Chart Industries were worth $1,192,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of GTLS. Perpetual Ltd acquired a new stake in shares of Chart Industries during the 2nd quarter worth $107,498,000. Gates Capital Management Inc. grew its holdings in shares of Chart Industries by 61.5% during the 1st quarter. Gates Capital Management Inc. now owns 776,636 shares of the industrial products company’s stock worth $112,115,000 after purchasing an additional 295,738 shares in the last quarter. Van Berkom & Associates Inc. boosted its stake in Chart Industries by 101.2% in the first quarter. Van Berkom & Associates Inc. now owns 374,722 shares of the industrial products company’s stock valued at $54,095,000 after buying an additional 188,477 shares in the last quarter. Driehaus Capital Management LLC boosted its stake in Chart Industries by 77.7% in the first quarter. Driehaus Capital Management LLC now owns 340,198 shares of the industrial products company’s stock valued at $49,111,000 after buying an additional 148,703 shares in the last quarter. Finally, Engaged Capital LLC boosted its stake in Chart Industries by 64.1% in the first quarter. Engaged Capital LLC now owns 368,996 shares of the industrial products company’s stock valued at $53,268,000 after buying an additional 144,200 shares in the last quarter.

Chart Industries Price Performance

Chart Industries stock opened at $199.71 on Tuesday. The company has a current ratio of 1.55, a quick ratio of 1.27 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $8.98 billion, a PE ratio of 37.12, a P/E/G ratio of 1.16 and a beta of 1.71. Chart Industries, Inc. has a 12 month low of $104.60 and a 12 month high of $220.03. The stock has a 50-day moving average price of $199.39 and a two-hundred day moving average price of $171.86.

Chart Industries (NYSE:GTLS) last posted 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 net margin of 6.29% and a return on equity of 13.71%. Analysts expect that Chart Industries, Inc. will post 9.02 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. UBS Group reaffirmed a “neutral” rating and issued a $210.00 price objective (down from $225.00) on shares of Chart Industries in a research note on Wednesday, July 30th. Citigroup lowered Chart Industries from a “buy” rating to a “hold” rating in a research note on Friday, September 5th. TD Cowen lowered Chart Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Chart Industries in a research note on Wednesday, October 8th. Finally, Hsbc Global Res raised Chart Industries to a “hold” rating in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $204.85.

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.