1,147 Shares in Chart Industries, Inc. (NYSE:GTLS) Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new stake in Chart Industries, Inc. (NYSE:GTLS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,147 shares of the industrial products company’s stock, valued at approximately $219,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Private Advisor Group LLC bought a new stake in shares of Chart Industries in the 3rd quarter valued at $205,000. State of Alaska Department of Revenue boosted its position in Chart Industries by 7.3% during the third quarter. State of Alaska Department of Revenue now owns 4,868 shares of the industrial products company’s stock valued at $604,000 after acquiring an additional 330 shares during the last quarter. Pathway Financial Advisers LLC acquired a new stake in Chart Industries during the 3rd quarter worth about $1,002,000. Iridian Asset Management LLC CT raised its position in shares of Chart Industries by 74.5% in the 3rd quarter. Iridian Asset Management LLC CT now owns 42,957 shares of the industrial products company’s stock worth $5,333,000 after acquiring an additional 18,334 shares in the last quarter. Finally, Hudson Valley Investment Advisors Inc. ADV lifted its stake in shares of Chart Industries by 32.3% in the 3rd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 62,872 shares of the industrial products company’s stock valued at $7,805,000 after purchasing an additional 15,339 shares during the period.

Analysts Set New Price Targets

Several research firms recently commented on GTLS. Citigroup raised their target price on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Craig Hallum raised their price objective on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Raymond James reiterated a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a research report on Monday, December 2nd. Barclays cut 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 note on Monday, November 4th. Finally, Stifel Nicolaus lifted their price target on shares of Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Chart Industries currently has an average rating of “Moderate Buy” and an average target price of $191.54.

Chart Industries Price Performance

Shares of NYSE GTLS opened at $182.31 on Friday. 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’s 50-day simple moving average is $199.56 and its 200 day simple moving average is $162.36. The stock has a market cap of $7.80 billion, a price-to-earnings ratio of 52.84, a PEG ratio of 0.57 and a beta of 1.84. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03.

Chart Industries 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.