Dimensional Fund Advisors LP Acquires 386,821 Shares of Chart Industries, Inc. (NYSE:GTLS)

Dimensional Fund Advisors LP lifted its holdings in Chart Industries, Inc. (NYSE:GTLS) by 504.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 463,466 shares of the industrial products company’s stock after purchasing an additional 386,821 shares during the period. Dimensional Fund Advisors LP owned 1.08% of Chart Industries worth $66,896,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of GTLS. Greenwood Capital Associates LLC increased its stake in Chart Industries by 21.6% in the fourth quarter. Greenwood Capital Associates LLC now owns 84,962 shares of the industrial products company’s stock valued at $11,583,000 after acquiring an additional 15,078 shares during the period. Stifel Financial Corp increased its position in shares of Chart Industries by 49.3% during the fourth quarter. Stifel Financial Corp now owns 125,543 shares of the industrial products company’s stock worth $17,115,000 after acquiring an additional 41,446 shares in the last quarter. Perpetual Ltd increased its position in shares of Chart Industries by 24.0% during the first quarter. Perpetual Ltd now owns 543,933 shares of the industrial products company’s stock worth $89,597,000 after acquiring an additional 105,236 shares in the last quarter. RK Capital Management LLC acquired a new position in Chart Industries during the fourth quarter worth $6,843,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in Chart Industries by 28.9% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 118,774 shares of the industrial products company’s stock worth $19,564,000 after purchasing an additional 26,627 shares during the last quarter.

Insider Buying and Selling at Chart Industries

In other Chart Industries news, CEO Jillian C. Evanko purchased 440 shares of the firm’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 purchase, the chief executive officer now owns 125,448 shares of the company’s stock, valued at approximately $14,339,960.88. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Chart Industries news, Director Linda S. Harty purchased 1,000 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was acquired at an average price of $113.50 per share, for a total transaction of $113,500.00. Following the purchase, the director now owns 10,640 shares of the company’s stock, valued at approximately $1,207,640. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jillian C. Evanko bought 440 shares of Chart Industries stock in a transaction dated Thursday, September 5th. The stock was purchased at an average price of $114.31 per share, with a total value of $50,296.40. Following the purchase, the chief executive officer now owns 125,448 shares in the company, valued at $14,339,960.88. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 7,152 shares of company stock worth $482,278. 0.95% of the stock is owned by corporate insiders.

Chart Industries Stock Performance

NYSE:GTLS opened at $125.68 on Friday. The company has a fifty day moving average of $125.80 and a 200-day moving average of $142.42. The firm has a market capitalization of $5.38 billion, a P/E ratio of 125.68, a P/E/G ratio of 0.39 and a beta of 1.70. The company has a quick ratio of 0.98, a current ratio of 1.27 and a debt-to-equity ratio of 1.28. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $173.65.

Chart Industries (NYSE:GTLS) last released its quarterly earnings data on Friday, August 2nd. The industrial products company reported $2.18 earnings per share for the quarter, missing the consensus estimate of $2.57 by ($0.39). The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.11 billion. Chart Industries had a net margin of 2.80% and a return on equity of 12.27%. The business’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.19 EPS. As a group, sell-side analysts anticipate that Chart Industries, Inc. will post 10.72 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GTLS. Barclays cut their price target on shares of Chart Industries from $193.00 to $147.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 6th. Stifel Nicolaus reissued a “buy” rating and issued a $199.00 target price on shares of Chart Industries in a report on Monday, August 26th. Morgan Stanley raised shares of Chart Industries from an “equal weight” rating to an “overweight” rating and set a $175.00 target price on the stock in a report on Monday, September 16th. Evercore ISI upgraded shares of Chart Industries to a “strong-buy” rating in a research note on Monday, August 5th. Finally, The Goldman Sachs Group cut their target price on shares of Chart Industries from $168.00 to $144.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $180.45.

Chart Industries 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.