Hudson Edge Investment Partners Inc. Takes $788,000 Position in Chart Industries, Inc. (NYSE:GTLS)

Hudson Edge Investment Partners Inc. acquired a new position in shares of Chart Industries, Inc. (NYSE:GTLS) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,131 shares of the industrial products company’s stock, valued at approximately $788,000.

Several other institutional investors have also added to or reduced their stakes in GTLS. National Bank of Canada FI raised its stake in shares of Chart Industries by 328.7% in the 3rd quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company’s stock valued at $839,000 after purchasing an additional 5,181 shares during the period. B. Riley Wealth Advisors Inc. grew its holdings in shares of Chart Industries by 248.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company’s stock worth $2,744,000 after buying an additional 15,862 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock valued at $73,551,000 after acquiring an additional 13,181 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. boosted its position in Chart Industries by 26.7% during the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company’s stock worth $1,813,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Blueshift Asset Management LLC acquired a new position in Chart Industries during the 3rd quarter worth approximately $373,000.

Analyst Ratings Changes

A number of brokerages have recently commented on GTLS. Stifel Nicolaus boosted their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Raymond James reissued a “strong-buy” rating and set a $190.00 price target on shares of Chart Industries in a research report on Monday, December 2nd. Craig Hallum raised their price objective on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a report on Monday, November 4th. Barclays dropped their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating on the stock in a report on Monday, November 4th. Finally, Citigroup raised their price target on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Three equities 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. Based on data from MarketBeat.com, Chart Industries presently has a consensus rating of “Moderate Buy” and an average price target of $191.54.

Chart Industries Stock Down 4.9 %

GTLS stock opened at $181.86 on Friday. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The business’s 50 day simple moving average is $200.26 and its 200 day simple moving average is $160.54. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $7.79 billion, a PE ratio of 52.71, a PEG ratio of 0.59 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.