Blue Trust Inc. Raises Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Blue Trust Inc. grew its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 56.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 181 shares of the industrial products company’s stock after buying an additional 65 shares during the quarter. Blue Trust Inc.’s holdings in Chart Industries were worth $35,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in GTLS. Spire Wealth Management increased its position in Chart Industries by 183.8% during the fourth 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 last quarter. Ashton Thomas Securities LLC purchased a new position in Chart Industries in the third quarter worth about $34,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Chart Industries during the 4th quarter valued at about $56,000. GAMMA Investing LLC increased its position 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 valued at $111,000 after purchasing an additional 247 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. purchased a new stake in shares of Chart Industries during the 4th quarter valued at about $205,000.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Craig Hallum raised their price objective on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Citigroup lifted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Stifel Nicolaus boosted their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Barclays decreased their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a report on Monday, November 4th. Finally, The Goldman Sachs Group boosted their price target on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $191.54.

Chart Industries Price Performance

NYSE:GTLS opened at $182.31 on Friday. The business’s 50-day simple moving average is $199.56 and its two-hundred day simple moving average is $162.36. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03. The stock has a market cap of $7.80 billion, a PE ratio of 52.84, a P/E/G ratio of 0.57 and a beta of 1.84. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16.

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.