Chart Industries, Inc. (NYSE:GTLS) Holdings Trimmed by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC cut its holdings in Chart Industries, Inc. (NYSE:GTLS) by 4.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 8,400 shares of the industrial products company’s stock after selling 350 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Chart Industries were worth $1,603,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wellington Management Group LLP raised its holdings in shares of Chart Industries by 90.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company’s stock worth $68,461,000 after purchasing an additional 262,592 shares in the last quarter. Van Berkom & Associates Inc. acquired a new position in Chart Industries in the fourth quarter worth approximately $35,543,000. Braun Stacey Associates Inc. bought a new position in shares of Chart Industries in the fourth quarter valued at $16,631,000. WCM Investment Management LLC acquired a new stake in shares of Chart Industries during the 4th quarter valued at $16,239,000. Finally, Victory Capital Management Inc. boosted its stake in shares of Chart Industries by 27.4% during the 3rd quarter. Victory Capital Management Inc. now owns 388,736 shares of the industrial products company’s stock worth $48,258,000 after acquiring an additional 83,685 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on GTLS shares. Stifel Nicolaus boosted their target price on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. BTIG Research boosted their price objective on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Citigroup raised their target price on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. 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 report on Monday, November 4th. Finally, The Goldman Sachs Group raised their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $191.54.

Chart Industries Stock Up 3.4 %

GTLS opened at $185.22 on Thursday. The company has a market capitalization of $7.93 billion, a PE ratio of 53.69, a price-to-earnings-growth ratio of 0.57 and a beta of 1.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03. The business has a 50-day moving average of $199.53 and a 200-day moving average of $162.22.

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.