Today, State of Wisconsin Investment Board decides to keep it stake in Chart Industries Inc. (GTLS) to the level of $5,253,000

Today, State of Wisconsin Investment Board decides to keep it stake in Chart Industries Inc. (GTLS) to the level of $5,253,000

State of Wisconsin Investment Board increased its stake in Chart Industries Inc. (NASDAQ:GTLS) by 14.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 160,000 shares of the company’s stock after buying an additional 20,000 shares during the period. State of Wisconsin Investment Board owned approximately 0.52% of Chart Industries worth $5,253,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Ecofin Ltd. acquired a new position in shares of Chart Industries during the second quarter worth approximately $685,000. California Public Employees Retirement System increased its position in shares of Chart Industries by 6.4% in the second quarter. California Public Employees Retirement System now owns 112,900 shares of the company’s stock worth $2,724,000 after buying an additional 6,800 shares in the last quarter. Emerald Acquisition Ltd. acquired a new position in shares of Chart Industries during the second quarter worth approximately $2,263,000. Rothschild Asset Management Inc. increased its position in shares of Chart Industries by 147.4% in the second quarter. Rothschild Asset Management Inc. now owns 269,954 shares of the company’s stock worth $6,514,000 after buying an additional 160,857 shares in the last quarter. Finally, Swiss National Bank increased its position in shares of Chart Industries by 2.0% in the second quarter. Swiss National Bank now owns 50,100 shares of the company’s stock worth $1,209,000 after buying an additional 1,000 shares in the last quarter. 89.08% of the stock is owned by institutional investors.

Shares of Chart Industries Inc. (NASDAQ:GTLS) traded down 2.03% during mid-day trading on Friday, hitting $34.83. The stock had a trading volume of 99,895 shares. Chart Industries Inc. has a one year low of $13.27 and a one year high of $35.57. The stock’s market cap is $1.07 billion. The firm has a 50 day moving average of $31.90 and a 200 day moving average of $28.86.

Chart Industries (NASDAQ:GTLS) last posted its quarterly earnings data on Thursday, October 27th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.41. Chart Industries had a positive return on equity of 6.10% and a negative net margin of 21.93%. The business earned $203.90 million during the quarter, compared to analysts’ expectations of $220.37 million. During the same quarter in the previous year, the firm earned $0.26 EPS. The firm’s revenue was down 22.8% compared to the same quarter last year. On average, analysts forecast that Chart Industries Inc. will post $1.25 earnings per share for the current year.

A number of research analysts recently commented on GTLS shares. Craig Hallum downgraded Chart Industries from a “buy” rating to a “hold” rating and reduced their price target for the company from $35.00 to $33.00 in a report on Friday, October 28th. Lake Street Capital downgraded Chart Industries from a “buy” rating to a “hold” rating and reduced their price target for the company from $34.00 to $32.00 in a report on Friday, October 28th. Zacks Investment Research raised Chart Industries from a “sell” rating to a “hold” rating in a report on Friday, July 29th. Evercore ISI downgraded Chart Industries from a “buy” rating to a “hold” rating in a report on Monday, October 31st. Finally, Gabelli started coverage on Chart Industries in a report on Tuesday, October 11th. They issued a “buy” rating and a $51.00 price target for the company. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $30.50.

Chart Industries Company Profile

Related posts

Leave a Comment