Wingate Wealth Advisors Inc. Purchases Shares of 293 Chart Industries, Inc. (NYSE:GTLS)

Wingate Wealth Advisors Inc. purchased a new stake in Chart Industries, Inc. (NYSE:GTLS) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 293 shares of the industrial products company’s stock, valued at approximately $56,000.

A number of other large investors also recently bought and sold shares of GTLS. Archford Capital Strategies LLC raised its stake in shares of Chart Industries by 2.2% during the 4th quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company’s stock worth $433,000 after buying an additional 48 shares during the period. MML Investors Services LLC raised its stake in shares of Chart Industries by 3.3% during the 3rd quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company’s stock worth $245,000 after buying an additional 63 shares during the period. Blue Trust Inc. raised its stake in shares of Chart Industries by 56.0% during the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after buying an additional 65 shares during the period. Choreo LLC raised its stake in shares of Chart Industries by 2.4% during the 4th quarter. Choreo LLC now owns 4,292 shares of the industrial products company’s stock worth $818,000 after buying an additional 102 shares during the period. Finally, Glenmede Trust Co. NA raised its stake in shares of Chart Industries by 2.4% during the 3rd quarter. Glenmede Trust Co. NA now owns 4,794 shares of the industrial products company’s stock worth $595,000 after buying an additional 114 shares during the period.

Chart Industries Stock Up 2.3 %

Shares of NYSE:GTLS opened at $201.07 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The business has a fifty day moving average of $200.40 and a two-hundred day moving average of $157.87. The stock has a market cap of $8.61 billion, a P/E ratio of 58.28, a PEG ratio of 0.60 and a beta of 1.84. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-week high of $220.03.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Raymond James reaffirmed a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a research note on Monday, December 2nd. Barclays reduced their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research note on Monday, November 4th. Bank of America reduced their price objective on Chart Industries from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, October 14th. Craig Hallum increased their price objective on Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, The Goldman Sachs Group increased their price objective on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, December 20th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.