Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of Chart Industries, Inc. (NYSE:GTLS) by 4.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 14,917 shares of the industrial products company’s stock after selling 624 shares during the period. Yousif Capital Management LLC’s holdings in Chart Industries were worth $2,847,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. National Bank of Canada FI raised its stake in Chart Industries by 328.7% in the third quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company’s stock valued at $839,000 after buying an additional 5,181 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of Chart Industries by 248.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company’s stock valued at $2,744,000 after acquiring an additional 15,862 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Chart Industries by 2.3% during the third quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock valued at $73,551,000 after acquiring an additional 13,181 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. raised its position in shares of Chart Industries by 26.7% in the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company’s stock valued at $1,813,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Blueshift Asset Management LLC acquired a new stake in Chart Industries in the 3rd quarter worth approximately $373,000.

Chart Industries Price Performance

NYSE: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 company has a 50 day moving average price of $200.24 and a 200-day moving average price of $157.58. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 56.98, a price-to-earnings-growth ratio of 0.60 and a beta of 1.84.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Stifel Nicolaus raised their price target on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. BTIG Research raised their target price on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Barclays dropped their price target on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. The Goldman Sachs Group raised their price objective on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Finally, Craig Hallum upped their target price on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price 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.