Chart Industries, Inc. (NYSE:GTLS) Shares Purchased by Blue Trust Inc.

Blue Trust Inc. boosted its position in Chart Industries, Inc. (NYSE:GTLS) by 56.0% in the 4th quarter, Holdings Channel reports. The firm owned 181 shares of the industrial products company’s stock after acquiring an additional 65 shares during the quarter. Blue Trust Inc.’s holdings in Chart Industries were worth $35,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GTLS. Ashton Thomas Securities LLC acquired a new stake in shares of Chart Industries in the third quarter valued at approximately $34,000. UMB Bank n.a. grew its holdings in Chart Industries by 418.0% in the 3rd quarter. UMB Bank n.a. now owns 316 shares of the industrial products company’s stock valued at $39,000 after buying an additional 255 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of Chart Industries in the 3rd quarter worth $87,000. GAMMA Investing LLC raised its holdings in shares of Chart Industries by 74.0% during the 4th quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock worth $111,000 after acquiring an additional 247 shares during the period. Finally, Truvestments Capital LLC acquired a new position in shares of Chart Industries during the 3rd quarter valued at about $136,000.

Chart Industries Trading Down 2.8 %

GTLS opened at $196.59 on Monday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The stock has a market capitalization of $8.42 billion, a price-to-earnings ratio of 56.98, a PEG ratio of 0.60 and a beta of 1.84. The business has a fifty day moving average price of $200.24 and a 200 day moving average price of $157.58. Chart Industries, Inc. has a 12 month low of $101.60 and a 12 month high of $220.03.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on GTLS shares. Raymond James reaffirmed a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a research note on Monday, December 2nd. Bank of America reduced their price target on shares of Chart Industries from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. The Goldman Sachs Group raised their target price on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Stifel Nicolaus upped their price target on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Finally, BTIG Research raised their price objective on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Chart Industries currently has an average rating of “Moderate Buy” and an average price target of $188.75.

Chart Industries Company Profile

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.