Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its stake in shares of Chart Industries, Inc. (NYSE:GTLS - Get Rating) by 60.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,052 shares of the industrial products company's stock after selling 3,160 shares during the quarter. Raymond James Financial Services Advisors Inc.'s holdings in Chart Industries were worth $236,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Mackenzie Financial Corp boosted its position in Chart Industries by 3.5% during the 1st quarter. Mackenzie Financial Corp now owns 2,078 shares of the industrial products company's stock worth $357,000 after acquiring an additional 70 shares during the period. First Republic Investment Management Inc. increased its position in Chart Industries by 4.5% in the 1st quarter. First Republic Investment Management Inc. now owns 1,739 shares of the industrial products company's stock worth $299,000 after buying an additional 75 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Chart Industries by 0.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,665 shares of the industrial products company's stock valued at $3,188,000 after purchasing an additional 99 shares during the period. Commonwealth Equity Services LLC boosted its stake in Chart Industries by 3.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,120 shares of the industrial products company's stock valued at $575,000 after buying an additional 100 shares in the last quarter. Finally, Ronald Blue Trust Inc. boosted its stake in Chart Industries by 200.0% in the 4th quarter. Ronald Blue Trust Inc. now owns 159 shares of the industrial products company's stock valued at $29,000 after buying an additional 106 shares in the last quarter.

GTLS has been the subject of a number of recent analyst reports. Evercore ISI began coverage on Chart Industries in a report on Tuesday, March 21st. They issued an "outperform" rating and a $217.00 price objective for the company. Wells Fargo & Company reduced their price target on Chart Industries from $144.00 to $140.00 and set an "equal weight" rating for the company in a research report on Friday, April 14th. StockNews.com started coverage on Chart Industries in a research report on Thursday, May 18th. They set a "sell" rating for the company. CL King started coverage on Chart Industries in a research report on Monday, May 8th. They issued a "buy" rating and a $165.00 price objective for the company. Finally, TheStreet cut Chart Industries from a "b-" rating to a "c" rating in a research report on Friday, February 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $193.06.

In other news, VP Gerald F. Vinci acquired 300 shares of the company's stock in a transaction that occurred on Tuesday, March 21st. The shares were acquired at an average price of $119.28 per share, for a total transaction of $35,784.00. Following the completion of the purchase, the vice president now owns 300 shares in the company, valued at $35,784. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Jillian C. Evanko bought 2,375 shares of the company's stock in a transaction on Monday, March 20th. The shares were purchased at an average price of $104.29 per share, for a total transaction of $247,688.75. Following the completion of the transaction, the chief executive officer now directly owns 104,228 shares in the company, valued at approximately $10,869,938.12. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Gerald F. Vinci bought 300 shares of the company's stock in a transaction on Tuesday, March 21st. The shares were bought at an average price of $119.28 per share, for a total transaction of $35,784.00. Following the transaction, the vice president now owns 300 shares of the company's stock, valued at $35,784. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 7,675 shares of company stock worth $808,523. Insiders own 0.80% of the company's stock.

Shares of Chart Industries stock opened at $124.11 on Wednesday. Chart Industries, Inc. has a one year low of $101.44 and a one year high of $242.59. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of -620.55, a PEG ratio of 0.43 and a beta of 1.46. The business has a 50-day simple moving average of $120.95 and a 200 day simple moving average of $122.98. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.25 and a quick ratio of 0.90.

Chart Industries (NYSE:GTLS - Get Rating) last issued its quarterly earnings data on Friday, April 28th. The industrial products company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $1.05. Chart Industries had a positive return on equity of 9.07% and a negative net margin of 0.14%. The firm had revenue of $537.90 million during the quarter, compared to analyst estimates of $495.89 million. During the same period in the previous year, the company posted $0.62 EPS. The company's revenue for the quarter was up 51.9% on a year-over-year basis. On average, research analysts anticipate that Chart Industries, Inc. will post 6.06 earnings per share for the current fiscal year.

Chart Industries, Inc engages in the manufacturing of engineered equipment for the industrial gas, energy, and biomedical industries. It operates through the following business segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products and Repair, Service & Leasing, and Corporate. The Cryo Tank Solutions segment supplies bulk, microbulk, and mobile equipment used in the storage, distribution, vaporization, and application of industrial gases.

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