State of New Jersey Common Pension Fund D Sells 450 Shares of Chart Industries, Inc. (NYSE:GTLS)

State of New Jersey Common Pension Fund D reduced its stake in Chart Industries, Inc. (NYSE:GTLS) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,857 shares of the industrial products company’s stock after selling 450 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Chart Industries were worth $3,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in GTLS. National Bank of Canada FI lifted its position in Chart Industries by 328.7% in the 3rd quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company’s stock valued at $839,000 after acquiring an additional 5,181 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in Chart Industries by 248.0% in the 3rd 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 lifted its position in Chart Industries by 2.3% in the 3rd 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. lifted its position in 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 acquiring an additional 2,000 shares in the last quarter. Finally, Blueshift Asset Management LLC bought a new position in shares of Chart Industries during the 3rd quarter valued at $373,000.

Chart Industries Trading Down 2.3 %

Shares of GTLS stock opened at $191.14 on Friday. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. 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 firm has a market capitalization of $8.18 billion, a PE ratio of 55.40, a PEG ratio of 0.59 and a beta of 1.84. The stock has a fifty day simple moving average of $200.58 and a two-hundred day simple moving average of $160.08.

Analyst Ratings Changes

Several research firms have recently weighed in on GTLS. Citigroup increased their price target on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Craig Hallum increased their price target on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a report on Monday, November 4th. The Goldman Sachs Group increased 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. Raymond James reissued a “strong-buy” rating and set a $190.00 price target on shares of Chart Industries in a report on Monday, December 2nd. Finally, BTIG Research increased their price target on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday, December 16th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $191.54.

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.