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

Bryn Mawr Capital Management LLC trimmed its stake in Chart Industries, Inc. (NYSE:GTLS) by 88.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,021 shares of the industrial products company’s stock after selling 7,729 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Chart Industries were worth $195,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GTLS. Private Advisor Group LLC purchased a new position in shares of Chart Industries during the third quarter valued at $205,000. Pathway Financial Advisers LLC purchased a new position in shares of Chart Industries during the third quarter valued at $1,002,000. DekaBank Deutsche Girozentrale grew its holdings in shares of Chart Industries by 16.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 218,000 shares of the industrial products company’s stock valued at $27,111,000 after buying an additional 30,000 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Chart Industries by 7.3% during the third quarter. State of Alaska Department of Revenue now owns 4,868 shares of the industrial products company’s stock valued at $604,000 after buying an additional 330 shares in the last quarter. Finally, First Financial Bankshares Inc grew its holdings in shares of Chart Industries by 8.1% during the third quarter. First Financial Bankshares Inc now owns 17,781 shares of the industrial products company’s stock valued at $2,207,000 after buying an additional 1,329 shares in the last quarter.

Wall Street Analyst Weigh In

GTLS has been the topic of a number of research analyst reports. Raymond James reiterated a “strong-buy” rating and set a $190.00 price target on shares of Chart Industries in a report on Monday, December 2nd. Citigroup lifted their price target on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Stifel Nicolaus lifted their price objective on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. The Goldman Sachs Group lifted their price objective on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Finally, BTIG Research lifted their price objective on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Three equities research 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, Chart Industries has a consensus rating of “Moderate Buy” and an average price target of $191.54.

Chart Industries Price Performance

Shares of NYSE:GTLS opened at $181.86 on Friday. 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 $200.26 and a two-hundred day moving average of $160.54. The stock has a market capitalization of $7.79 billion, a P/E ratio of 52.71, a P/E/G ratio of 0.59 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 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.