GW&K Investment Management LLC Grows Position in Chart Industries, Inc. (NYSE:GTLS)

GW&K Investment Management LLC increased its position in Chart Industries, Inc. (NYSE:GTLS) by 1.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 516,658 shares of the industrial products company’s stock after purchasing an additional 7,669 shares during the period. Chart Industries comprises 0.8% of GW&K Investment Management LLC’s investment portfolio, making the stock its 15th largest position. GW&K Investment Management LLC’s holdings in Chart Industries were worth $98,599,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new stake in shares of Chart Industries during the 3rd quarter valued at $34,000. Blue Trust Inc. lifted its position in Chart Industries by 56.0% during the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 65 shares during the period. Spire Wealth Management boosted its stake in Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 125 shares in the last quarter. Wingate Wealth Advisors Inc. purchased a new stake in Chart Industries in the fourth quarter worth about $56,000. Finally, GAMMA Investing LLC increased its stake in shares of Chart Industries by 74.0% during the fourth quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock valued at $111,000 after purchasing an additional 247 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on GTLS shares. Barclays dropped their price target on 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. The Goldman Sachs Group boosted their target price on Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. BTIG Research raised their price target on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday, December 16th. Stifel Nicolaus upped their price target on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Finally, Citigroup increased their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $191.54.

Chart Industries Stock Performance

Shares of GTLS stock opened at $182.31 on Friday. 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 50 day moving average price of $199.56 and a 200-day moving average price of $162.36. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03. The firm has a market capitalization of $7.80 billion, a PE ratio of 52.84, a P/E/G ratio of 0.57 and a beta of 1.84.

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.