Wingate Wealth Advisors Inc. Acquires Shares of 293 Chart Industries, Inc. (NYSE:GTLS)

Wingate Wealth Advisors Inc. acquired a new stake in shares of Chart Industries, Inc. (NYSE:GTLS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 293 shares of the industrial products company’s stock, valued at approximately $56,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. WCM Investment Management LLC purchased a new position in shares of Chart Industries in the fourth quarter valued at $16,239,000. Entropy Technologies LP purchased a new position in shares of Chart Industries in the fourth quarter valued at $1,277,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in Chart Industries during the fourth quarter worth $651,000. Strategic Financial Concepts LLC purchased a new position in Chart Industries during the fourth quarter worth $4,115,000. Finally, Hedeker Wealth LLC purchased a new position in Chart Industries during the fourth quarter worth $2,815,000.

Chart Industries Price Performance

GTLS opened at $201.07 on Tuesday. The business’s 50-day moving average is $200.40 and its two-hundred day moving average is $157.87. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The firm has a market capitalization of $8.61 billion, a PE ratio of 58.28, a price-to-earnings-growth ratio of 0.60 and a beta of 1.84.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on GTLS shares. Bank of America decreased their target price on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Craig Hallum lifted their target price on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research 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 stock a “neutral” rating in a research report 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 report on Monday, December 2nd. Finally, BTIG Research lifted their price objective 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, eight have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $188.75.

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.