EdgeRock Capital LLC Purchases Shares of 2,380 Chart Industries, Inc. (NYSE:GTLS)

EdgeRock Capital LLC bought a new stake in shares of Chart Industries, Inc. (NYSE:GTLS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,380 shares of the industrial products company’s stock, valued at approximately $454,000.

A number of other institutional investors have also recently made changes to their positions in the business. Private Advisor Group LLC bought a new stake in Chart Industries in the third quarter worth about $205,000. DekaBank Deutsche Girozentrale increased its holdings in Chart Industries by 16.0% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 218,000 shares of the industrial products company’s stock worth $27,111,000 after purchasing an additional 30,000 shares during the period. State of Alaska Department of Revenue lifted its position in shares of Chart Industries by 7.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 4,868 shares of the industrial products company’s stock worth $604,000 after purchasing an additional 330 shares during the period. First Financial Bankshares Inc increased its holdings in shares of Chart Industries by 8.1% in the 3rd quarter. First Financial Bankshares Inc now owns 17,781 shares of the industrial products company’s stock valued at $2,207,000 after acquiring an additional 1,329 shares during the period. Finally, Inscription Capital LLC bought a new position in Chart Industries in the third quarter worth about $292,000.

Chart Industries Trading Up 0.6 %

Shares of Chart Industries stock opened at $182.88 on Tuesday. The firm’s 50-day moving average price is $199.87 and its 200 day moving average price is $161.58. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03. The firm has a market capitalization of $7.83 billion, a PE ratio of 53.01, a P/E/G ratio of 0.57 and a beta of 1.84. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16.

Analyst Ratings Changes

Several analysts have recently commented on the company. Barclays decreased their price objective on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. Raymond James restated a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a research report on Monday, December 2nd. BTIG Research lifted 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. Craig Hallum upped 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. Finally, Citigroup raised their target price on 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 issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $191.54.

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.