85,205 Shares in Chart Industries, Inc. (NYSE:GTLS) Purchased by WCM Investment Management LLC

WCM Investment Management LLC bought a new stake in Chart Industries, Inc. (NYSE:GTLS) in the 4th quarter, HoldingsChannel reports. The firm bought 85,205 shares of the industrial products company’s stock, valued at approximately $16,239,000.

A number of other institutional investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new position in Chart Industries during the third quarter worth about $34,000. Blue Trust Inc. increased its position in shares of Chart Industries by 56.0% during the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 65 shares during the period. Spire Wealth Management raised its position in Chart Industries by 183.8% in the 4th quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 125 shares in the last quarter. UMB Bank n.a. lifted its stake in Chart Industries by 418.0% in the third quarter. UMB Bank n.a. now owns 316 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 255 shares during the last quarter. Finally, nVerses Capital LLC purchased a new stake in shares of Chart Industries during the 3rd quarter worth $87,000.

Chart Industries Stock Performance

NYSE:GTLS opened at $196.59 on Monday. The firm’s 50 day moving average is $200.24 and its two-hundred day moving average is $157.58. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The company has a market cap of $8.42 billion, a P/E ratio of 56.98, a P/E/G ratio of 0.60 and a beta of 1.84.

Analysts Set New Price Targets

GTLS has been the subject of a number of research analyst reports. 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 report on Monday, November 4th. The Goldman Sachs Group lifted their target price on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, December 20th. Raymond James restated a “strong-buy” rating and issued a $190.00 price objective on shares of Chart Industries in a research report on Monday, December 2nd. Bank of America decreased their target price 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. Finally, Craig Hallum raised their price objective on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Three 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $188.75.

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.