Stephens Inc. AR Lowers Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Stephens Inc. AR lowered its position in shares of Chart Industries, Inc. (NYSE:GTLS) by 16.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,462 shares of the industrial products company’s stock after selling 292 shares during the period. Stephens Inc. AR’s holdings in Chart Industries were worth $279,000 as of its most recent SEC filing.

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

Chart Industries Stock Up 0.4 %

Shares of NYSE:GTLS opened at $194.59 on Monday. The stock has a market capitalization of $8.33 billion, a P/E ratio of 56.40, a price-to-earnings-growth ratio of 0.60 and a beta of 1.84. The stock’s 50-day moving average price is $200.57 and its 200-day moving average price is $158.82. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 12-month low of $101.60 and a 12-month high of $220.03.

Analyst Ratings Changes

GTLS has been the subject of several recent analyst reports. Stifel Nicolaus boosted their price objective on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. Craig Hallum boosted their price target on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Raymond James restated a “strong-buy” rating and set a $190.00 price objective on shares of Chart Industries in a research report on Monday, December 2nd. The Goldman Sachs Group lifted their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. Finally, BTIG Research increased their target price on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average 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.