Moody Aldrich Partners LLC Lowers Stock Position in Chart Industries, Inc. (NYSE:GTLS)

Moody Aldrich Partners LLC lessened its holdings in Chart Industries, Inc. (NYSE:GTLS) by 2.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 36,955 shares of the industrial products company’s stock after selling 1,085 shares during the period. Chart Industries comprises 1.3% of Moody Aldrich Partners LLC’s holdings, making the stock its 17th biggest position. Moody Aldrich Partners LLC owned 0.09% of Chart Industries worth $7,052,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of GTLS. Archford Capital Strategies LLC lifted its position in Chart Industries by 2.2% during the fourth quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company’s stock valued at $433,000 after acquiring an additional 48 shares during the last quarter. MML Investors Services LLC lifted its position in Chart Industries by 3.3% during the third quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company’s stock valued at $245,000 after acquiring an additional 63 shares during the last quarter. Blue Trust Inc. lifted its position in Chart Industries by 56.0% during the fourth 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 last quarter. Glenmede Trust Co. NA lifted its position in 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 acquiring an additional 114 shares during the last quarter. Finally, Assetmark Inc. lifted its position in Chart Industries by 6.4% during the third quarter. Assetmark Inc. now owns 2,121 shares of the industrial products company’s stock valued at $263,000 after acquiring an additional 128 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on GTLS shares. The Goldman Sachs Group upped their price target on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, December 20th. Craig Hallum upped their price target on shares of Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Stifel Nicolaus upped 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. BTIG Research upped their price target on shares of Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Finally, Barclays cut their price target 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. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Chart Industries currently has an average rating of “Moderate Buy” and an average price target of $188.75.

Chart Industries Stock Up 1.3 %

GTLS stock opened at $205.74 on Wednesday. The firm has a market cap of $8.81 billion, a PE ratio of 59.63, a P/E/G ratio of 0.64 and a beta of 1.84. 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 fifty day moving average is $196.92 and its 200 day moving average is $155.17. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03.

Chart Industries (NYSE:GTLS) last released its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.56 by ($0.38). The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.10 billion. Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The firm’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.28 EPS. On average, research analysts forecast that Chart Industries, Inc. will post 9.02 EPS for the current year.

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.