Chart Industries, Inc. $GTLS Shares Sold by Doliver Advisors LP

Doliver Advisors LP lowered its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 47.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,509 shares of the industrial products company’s stock after selling 4,149 shares during the quarter. Doliver Advisors LP’s holdings in Chart Industries were worth $930,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc lifted its holdings in Chart Industries by 4.2% in the 3rd quarter. IFP Advisors Inc now owns 1,474 shares of the industrial products company’s stock valued at $302,000 after acquiring an additional 59 shares during the last quarter. Allworth Financial LP grew its stake in shares of Chart Industries by 74.5% in the 2nd quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 70 shares during the last quarter. Savant Capital LLC grew its stake in shares of Chart Industries by 2.0% in the 3rd quarter. Savant Capital LLC now owns 3,584 shares of the industrial products company’s stock worth $717,000 after purchasing an additional 70 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Chart Industries by 95.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 71 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC raised its holdings in shares of Chart Industries by 1.7% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 4,325 shares of the industrial products company’s stock worth $866,000 after purchasing an additional 73 shares in the last quarter.

Chart Industries Trading Up 0.0%

Shares of GTLS opened at $207.09 on Friday. The business’s 50-day moving average price is $207.17 and its 200 day moving average price is $203.94. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $9.91 billion, a P/E ratio of 796.52, a P/E/G ratio of 0.79 and a beta of 1.73. Chart Industries, Inc. has a 1-year low of $104.60 and a 1-year high of $208.24.

Chart Industries (NYSE:GTLS) last posted its quarterly earnings data on Friday, February 27th. The industrial products company reported $2.51 EPS for the quarter, missing analysts’ consensus estimates of $3.48 by ($0.97). Chart Industries had a net margin of 0.95% and a return on equity of 13.55%. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the prior year, the company posted $2.66 earnings per share. Chart Industries’s quarterly revenue was down 2.5% compared to the same quarter last year. Analysts expect that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

Wall Street Analyst Weigh In

GTLS has been the subject of a number of research reports. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a report on Monday, December 29th. Zacks Research lowered shares of Chart Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 13th. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $204.10.

Chart Industries Profile

Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.

Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.