Neuburgh Advisers LLC Has $429,000 Holdings in Chart Industries, Inc. (GTLS)

Neuburgh Advisers LLC raised its position in Chart Industries, Inc. (NASDAQ:GTLS) by 10.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,596 shares of the industrial products company’s stock after acquiring an additional 646 shares during the quarter. Neuburgh Advisers LLC’s holdings in Chart Industries were worth $429,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. State of Alaska Department of Revenue increased its stake in shares of Chart Industries by 2.2% in the fourth quarter. State of Alaska Department of Revenue now owns 10,438 shares of the industrial products company’s stock valued at $678,000 after purchasing an additional 225 shares during the period. Piedmont Investment Advisors Inc. increased its stake in shares of Chart Industries by 3.8% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 7,478 shares of the industrial products company’s stock valued at $486,000 after purchasing an additional 276 shares during the period. Comerica Bank increased its stake in shares of Chart Industries by 1.0% in the fourth quarter. Comerica Bank now owns 42,693 shares of the industrial products company’s stock valued at $3,094,000 after purchasing an additional 428 shares during the period. Flinton Capital Management LLC increased its stake in shares of Chart Industries by 10.9% in the fourth quarter. Flinton Capital Management LLC now owns 5,432 shares of the industrial products company’s stock valued at $353,000 after purchasing an additional 532 shares during the period. Finally, Dorsey & Whitney Trust CO LLC increased its stake in shares of Chart Industries by 20.7% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,478 shares of the industrial products company’s stock valued at $291,000 after purchasing an additional 768 shares during the period.

In related news, 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 transaction, the director now owns 9,966 shares in the company, valued at $845,515.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is owned by company insiders.

NASDAQ GTLS opened at $90.85 on Friday. Chart Industries, Inc. has a 12 month low of $56.14 and a 12 month high of $91.25. The company has a current ratio of 1.80, a quick ratio of 1.17 and a debt-to-equity ratio of 0.60. The company has a market cap of $2.87 billion, a P/E ratio of 44.98 and a beta of 1.17.

Chart Industries (NASDAQ:GTLS) last posted its quarterly earnings data on Thursday, February 14th. The industrial products company reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.07. Chart Industries had a net margin of 7.57% and a return on equity of 8.42%. The business had revenue of $290.10 million for the quarter, compared to analyst estimates of $283.50 million. During the same quarter last year, the business earned $0.46 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. Sell-side analysts predict that Chart Industries, Inc. will post 2.75 EPS for the current fiscal year.

Several equities research analysts have commented on GTLS shares. Zacks Investment Research upgraded shares of Chart Industries from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a research note on Wednesday, February 6th. BidaskClub upgraded shares of Chart Industries from a “sell” rating to a “hold” rating in a research note on Tuesday, December 4th. Finally, Gabelli lowered shares of Chart Industries from a “buy” rating to a “hold” rating in a research note on Friday, February 15th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $86.31.

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Chart Industries Company 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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