Deutsche Bank AG decreased its holdings in Chart Industries, Inc. (NASDAQ:GTLS) by 14.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 133,092 shares of the industrial products company’s stock after selling 22,578 shares during the period. Deutsche Bank AG owned approximately 0.42% of Chart Industries worth $8,652,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Silvant Capital Management LLC purchased a new stake in shares of Chart Industries in the 4th quarter valued at approximately $184,000. Jane Street Group LLC purchased a new stake in shares of Chart Industries in the 3rd quarter valued at approximately $271,000. Dorsey & Whitney Trust CO LLC grew its stake in shares of Chart Industries by 20.7% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,478 shares of the industrial products company’s stock valued at $291,000 after buying an additional 768 shares during the period. Amalgamated Bank grew its stake in shares of Chart Industries by 33.6% in the 4th quarter. Amalgamated Bank now owns 4,628 shares of the industrial products company’s stock valued at $301,000 after buying an additional 1,164 shares during the period. Finally, Flinton Capital Management LLC grew its stake in shares of Chart Industries by 10.9% in the 4th quarter. Flinton Capital Management LLC now owns 5,432 shares of the industrial products company’s stock valued at $353,000 after buying an additional 532 shares during the period.

NASDAQ:GTLS opened at $87.16 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.80 and a quick ratio of 1.17. The company has a market cap of $2.77 billion, a P/E ratio of 43.15 and a beta of 1.17. Chart Industries, Inc. has a fifty-two week low of $56.14 and a fifty-two week high of $95.66.

Chart Industries (NASDAQ:GTLS) last posted its quarterly earnings data on Thursday, April 18th. The industrial products company reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). The company had revenue of $289.30 million for the quarter, compared to analysts’ expectations of $290.33 million. Chart Industries had a return on equity of 8.42% and a net margin of 7.57%. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.23 EPS. As a group, equities analysts forecast that Chart Industries, Inc. will post 2.84 EPS for the current year.

In other Chart Industries news, CAO Michael Schmit sold 464 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $92.65, for a total value of $42,989.60. Following the completion of the transaction, the chief accounting officer now owns 1,125 shares of the company’s stock, valued at approximately $104,231.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Douglas Brown sold 8,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $84.84, for a total transaction of $721,140.00. Following the completion of the transaction, the director now directly owns 9,966 shares of the company’s stock, valued at approximately $845,515.44. The disclosure for this sale can be found here. Company insiders own 2.60% of the company’s stock.

Several research firms have recently weighed in on GTLS. ValuEngine cut shares of Chart Industries from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 3rd. BidaskClub cut shares of Chart Industries from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 10th. Zacks Investment Research raised shares of Chart Industries from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a research report on Wednesday, April 10th. Finally, Lake Street Capital increased their price objective on shares of Chart Industries to $109.00 and gave the stock a “buy” rating in a research report on Friday, February 15th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $86.31.

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Chart Industries Profile

Chart Industries, Inc manufactures and sells engineered equipment and packaged solutions; and provides value-add services for the energy and industrial gas industries worldwide. It operates through three segments: Energy & Chemicals, Distribution & Storage Western Hemisphere, and Distribution & Storage Eastern Hemisphere segments.

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Institutional Ownership by Quarter for Chart Industries (NASDAQ:GTLS)

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