Stephens Inc. AR Reduces Holdings in Chart Industries, Inc. (NYSE:GTLS)

Stephens Inc. AR lowered its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 16.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,462 shares of the industrial products company’s stock after selling 292 shares during the quarter. Stephens Inc. AR’s holdings in Chart Industries were worth $279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of GTLS. Ashton Thomas Securities LLC purchased a new position in Chart Industries during the third quarter valued at $34,000. Blue Trust Inc. increased its stake in shares of Chart Industries by 56.0% in the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 65 shares in the last quarter. Spire Wealth Management lifted its position in Chart Industries by 183.8% during the 4th quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 125 shares during the period. nVerses Capital LLC bought a new stake in Chart Industries during the third quarter worth about $87,000. Finally, GAMMA Investing LLC boosted its stake in Chart Industries by 74.0% during the fourth quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock worth $111,000 after acquiring an additional 247 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on GTLS shares. Citigroup raised their target price on shares of Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday. Raymond James reaffirmed a “strong-buy” rating and set a $190.00 price objective on shares of Chart Industries in a research report on Monday, December 2nd. The Goldman Sachs Group boosted their target price on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. Stifel Nicolaus increased their target price on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Finally, Barclays lowered their price target on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $191.54.

Chart Industries Price Performance

NYSE GTLS opened at $194.59 on Monday. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The stock has a 50-day moving average of $200.57 and a 200 day moving average of $158.82. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The company has a market capitalization of $8.33 billion, a price-to-earnings ratio of 56.40, a PEG ratio of 0.60 and a beta of 1.84.

About Chart Industries

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.