Aurora Investment Counsel Has $1.32 Million Stake in Chart Industries, Inc. (NYSE:GTLS)

Aurora Investment Counsel cut its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 29.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,917 shares of the industrial products company’s stock after selling 2,906 shares during the quarter. Aurora Investment Counsel’s holdings in Chart Industries were worth $1,320,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in shares of Chart Industries by 129.6% during 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 period. Fairway Wealth LLC bought a new stake in Chart Industries during the 4th quarter worth approximately $34,000. Blue Trust Inc. raised its stake in shares of Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 65 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of Chart Industries by 183.8% in the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 125 shares in the last quarter. Finally, Lindbrook Capital LLC lifted its position in shares of Chart Industries by 43.4% during the fourth quarter. Lindbrook Capital LLC now owns 228 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 69 shares in the last quarter.

Chart Industries Stock Performance

NYSE GTLS opened at $142.65 on Friday. The company’s 50 day simple moving average is $193.53 and its two-hundred day simple moving average is $165.32. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The stock has a market capitalization of $6.52 billion, a PE ratio of 41.35, a P/E/G ratio of 0.57 and a beta of 1.87.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data on Friday, February 28th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.20 by ($0.54). The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.17 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. Chart Industries’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.25 EPS. Analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

Insider Activity at Chart Industries

In other Chart Industries news, CEO Jillian C. Evanko acquired 350 shares of the stock in a transaction dated Thursday, March 6th. The stock was purchased at an average cost of $150.35 per share, for a total transaction of $52,622.50. Following the acquisition, the chief executive officer now owns 137,666 shares in the company, valued at $20,698,083.10. The trade was a 0.25 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Gerald F. Vinci purchased 175 shares of the stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the purchase, the vice president now directly owns 475 shares of the company’s stock, valued at $70,247.75. The trade was a 58.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 1,109 shares of company stock valued at $160,845 over the last 90 days. 0.95% of the stock is owned by insiders.

Analysts Set New Price Targets

GTLS has been the topic of a number of research analyst reports. Wells Fargo & Company cut their target price on Chart Industries from $215.00 to $214.00 and set an “overweight” rating on the stock in a research note on Monday, March 3rd. BTIG Research upped their price objective on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Stifel Nicolaus raised their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. TD Cowen raised their target price on Chart Industries from $205.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. Finally, The Goldman Sachs Group increased their price target on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Chart Industries currently has a consensus rating of “Moderate Buy” and an average target price of $194.08.

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.