Chart Industries, Inc. (GTLS) Reaches $45.99 52-Week High; Amica Pension Fund Board Of Trustees Trimmed Its Marathon Petroleum (MPC) Position

November 21, 2017 - By Adrian Erickson

The stock of Chart Industries, Inc. (NASDAQ:GTLS) hit a new 52-week high and has $48.75 target or 6.00% above today’s $45.99 share price. The 5 months bullish chart indicates low risk for the $1.42 billion company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $48.75 price target is reached, the company will be worth $85.20M more. About 121,073 shares traded. Chart Industries, Inc. (NASDAQ:GTLS) has risen 46.80% since November 21, 2016 and is uptrending. It has outperformed by 30.10% the S&P500.

Amica Pension Fund Board Of Trustees decreased Marathon Petroleum Corp (MPC) stake by 42.73% reported in 2017Q2 SEC filing. Amica Pension Fund Board Of Trustees sold 14,529 shares as Marathon Petroleum Corp (MPC)’s stock rose 5.52%. The Amica Pension Fund Board Of Trustees holds 19,475 shares with $1.02M value, down from 34,004 last quarter. Marathon Petroleum Corp now has $30.32B valuation. The stock rose 0.23% or $0.14 reaching $62.08. About 334,351 shares traded. Marathon Petroleum Corp (NYSE:MPC) has risen 46.20% since November 21, 2016 and is uptrending. It has outperformed by 29.50% the S&P500.

Analysts await Chart Industries, Inc. (NASDAQ:GTLS) to report earnings on February, 22. GTLS’s profit will be $9.88M for 35.93 P/E if the $0.32 EPS becomes a reality. After $0.30 actual earnings per share reported by Chart Industries, Inc. for the previous quarter, Wall Street now forecasts 6.67% EPS growth.

Chart Industries, Inc. is a diversified global maker of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The company has market cap of $1.42 billion. The Firm operates through three business divisions: Energy & Chemicals , Distribution & Storage (D&S) and BioMedical. It currently has negative earnings. The E&C and D&S divisions manufacture products used in energy-related and industrial applications, such as the separation, liquefaction, distribution and storage of hydrocarbon and industrial gases.

Among 11 analysts covering Chart Industries (NASDAQ:GTLS), 2 have Buy rating, 0 Sell and 9 Hold. Therefore 18% are positive. Chart Industries had 19 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by Lake Street on Friday, April 29 to “Buy”. The firm has “Hold” rating by Cowen & Co given on Tuesday, September 5. The stock of Chart Industries, Inc. (NASDAQ:GTLS) earned “Hold” rating by Evercore on Monday, October 31. Raymond James downgraded the stock to “Mkt Perform” rating in Tuesday, December 13 report. The company was downgraded on Thursday, August 4 by Evercore. On Friday, October 28 the stock rating was downgraded by Lake Street to “Hold”. Gabelli initiated the stock with “Buy” rating in Tuesday, October 11 report. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, November 4. On Friday, October 30 the stock rating was downgraded by Lake Street to “Hold”. On Thursday, October 19 the stock rating was maintained by Cowen & Co with “Hold”.

Investors sentiment decreased to 1.05 in Q2 2017. Its down 0.03, from 1.08 in 2017Q1. It worsened, as 53 investors sold MPC shares while 274 reduced holdings. 93 funds opened positions while 250 raised stakes. 383.45 million shares or 4.21% less from 400.29 million shares in 2017Q1 were reported. 196,120 are owned by Eaton Vance Mgmt. Hartford Invest Mngmt invested 0.14% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Jpmorgan Chase holds 0.07% of its portfolio in Marathon Petroleum Corp (NYSE:MPC) for 5.99M shares. Japan-based Meiji Yasuda Asset Mngmt Com Ltd has invested 0.09% in Marathon Petroleum Corp (NYSE:MPC). Lpl Fincl Ltd Liability has 0.01% invested in Marathon Petroleum Corp (NYSE:MPC) for 53,527 shares. France-based Bnp Paribas Asset Mgmt Sa has invested 0.01% in Marathon Petroleum Corp (NYSE:MPC). Goodwin Daniel L reported 48,000 shares. Trillium Asset Mngmt Ltd Liability Com reported 146,855 shares stake. Moreover, Meeder Asset has 0.62% invested in Marathon Petroleum Corp (NYSE:MPC) for 124,182 shares. First Personal Financial holds 170 shares or 0% of its portfolio. 517,284 were accumulated by Sei Com. Tci Wealth Advsr accumulated 3,411 shares or 0.09% of the stock. Schroder Group holds 0.04% or 412,967 shares in its portfolio. Tortoise Advisors Ltd owns 43,426 shares or 0.01% of their US portfolio. Northern Trust holds 0.09% of its portfolio in Marathon Petroleum Corp (NYSE:MPC) for 5.86M shares.

Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Marathon Petroleum Corp had 62 analyst reports since August 10, 2015 according to SRatingsIntel. On Thursday, May 25 the stock rating was maintained by PiperJaffray with “Overweight”. JP Morgan upgraded the shares of MPC in report on Wednesday, December 7 to “Overweight” rating. The stock has “Buy” rating by Credit Suisse on Thursday, July 13. The rating was maintained by Howard Weil with “Sector Outperform” on Thursday, February 4. The firm has “Neutral” rating by UBS given on Wednesday, November 15. The stock has “Buy” rating by Jefferies on Thursday, June 22. As per Thursday, July 27, the company rating was maintained by Cowen & Co. RBC Capital Markets maintained Marathon Petroleum Corp (NYSE:MPC) rating on Thursday, July 27. RBC Capital Markets has “Buy” rating and $7100 target. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, February 9 report. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, June 1 report.

Analysts await Marathon Petroleum Corp (NYSE:MPC) to report earnings on February, 7. They expect $0.90 earnings per share, up 109.30% or $0.47 from last year’s $0.43 per share. MPC’s profit will be $439.56 million for 17.24 P/E if the $0.90 EPS becomes a reality. After $1.77 actual earnings per share reported by Marathon Petroleum Corp for the previous quarter, Wall Street now forecasts -49.15% negative EPS growth.

Amica Pension Fund Board Of Trustees increased Discover Financial Services (NYSE:DFS) stake by 22,905 shares to 66,002 valued at $4.11M in 2017Q2. It also upped Diamond Hill Investment Group Inc (NASDAQ:DHIL) stake by 3,684 shares and now owns 27,135 shares. Delphi Automotive Plc (NYSE:DLPH) was raised too.

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