Tranquility Partners LLC Acquires New Position in Chart Industries, Inc. (NYSE:GTLS)

Tranquility Partners LLC bought a new position in Chart Industries, Inc. (NYSE:GTLS) in the 4th quarter, HoldingsChannel.com reports. The fund bought 3,091 shares of the industrial products company’s stock, valued at approximately $590,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Archford Capital Strategies LLC lifted its holdings in shares of Chart Industries by 2.2% in the 4th quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company’s stock worth $433,000 after acquiring an additional 48 shares during the last quarter. MML Investors Services LLC raised its position in Chart Industries by 3.3% in the 3rd quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company’s stock worth $245,000 after purchasing an additional 63 shares during the period. Blue Trust Inc. lifted its stake in Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 65 shares during the last quarter. Choreo LLC boosted its position in Chart Industries by 2.4% during the fourth quarter. Choreo LLC now owns 4,292 shares of the industrial products company’s stock valued at $818,000 after buying an additional 102 shares during the period. Finally, Glenmede Trust Co. NA grew its stake in shares of Chart Industries by 2.4% during the third quarter. Glenmede Trust Co. NA now owns 4,794 shares of the industrial products company’s stock valued at $595,000 after buying an additional 114 shares during the last quarter.

Chart Industries Stock Down 0.7 %

NYSE:GTLS opened at $192.45 on Thursday. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The company has a market capitalization of $8.24 billion, a PE ratio of 55.78, a P/E/G ratio of 0.60 and a beta of 1.84. The firm’s 50-day moving average price is $200.43 and its 200-day moving average price is $158.34. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00.

Analyst Ratings Changes

GTLS has been the topic of several recent research reports. Stifel Nicolaus raised their price target on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Craig Hallum lifted their target price 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 issued a $190.00 price objective on shares of Chart Industries in a research report on Monday, December 2nd. The Goldman Sachs Group increased their target price 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 upped their price target on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on 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.