Choreo LLC Boosts Holdings in Chart Industries, Inc. (NYSE:GTLS)

Choreo LLC raised its holdings in Chart Industries, Inc. (NYSE:GTLS) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,292 shares of the industrial products company’s stock after purchasing an additional 102 shares during the period. Choreo LLC’s holdings in Chart Industries were worth $818,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Ashton Thomas Securities LLC acquired a new position in Chart Industries in the 3rd quarter valued at about $34,000. Blue Trust Inc. grew its holdings 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 buying an additional 65 shares in the last quarter. Spire Wealth Management raised its position in shares of Chart Industries by 183.8% in the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock valued at $37,000 after buying an additional 125 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Chart Industries by 418.0% during the third quarter. UMB Bank n.a. now owns 316 shares of the industrial products company’s stock valued at $39,000 after buying an additional 255 shares during the period. Finally, nVerses Capital LLC acquired a new stake in Chart Industries during the third quarter worth approximately $87,000.

Chart Industries Price Performance

GTLS opened at $196.59 on Monday. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03. The company has a 50 day moving average of $200.24 and a two-hundred day moving average of $157.58. 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. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on GTLS. Stifel Nicolaus boosted their price target on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Bank of America dropped their target price on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, October 14th. BTIG Research raised their price target on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. The Goldman Sachs Group upped their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, December 20th. Finally, Barclays decreased their target price on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Monday, November 4th. Three equities 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target 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.