South Dakota Investment Council Sells 2,430 Shares of Chart Industries, Inc. (NYSE:GTLS)

South Dakota Investment Council lowered its position in Chart Industries, Inc. (NYSE:GTLS) by 29.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,870 shares of the industrial products company’s stock after selling 2,430 shares during the period. South Dakota Investment Council’s holdings in Chart Industries were worth $1,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of GTLS. Hudson Edge Investment Partners Inc. bought a new stake in shares of Chart Industries during the fourth quarter worth $788,000. Crumly & Associates Inc. bought a new stake in Chart Industries during the 4th quarter valued at about $334,000. Van Berkom & Associates Inc. purchased a new stake in Chart Industries in the 4th quarter valued at about $35,543,000. Hudson Value Partners LLC bought a new position in Chart Industries in the 4th quarter worth about $1,286,000. Finally, New York State Common Retirement Fund increased its position in shares of Chart Industries by 14.1% during the fourth quarter. New York State Common Retirement Fund now owns 88,707 shares of the industrial products company’s stock worth $16,929,000 after acquiring an additional 10,972 shares during the period.

Chart Industries Price Performance

Shares of GTLS opened at $181.86 on Monday. The company has a 50 day moving average of $200.26 and a two-hundred day moving average of $161.14. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a twelve month low of $101.60 and a twelve month high of $220.03. The company has a market cap of $7.79 billion, a price-to-earnings ratio of 52.71, a price-to-earnings-growth ratio of 0.57 and a beta of 1.84.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GTLS shares. Citigroup increased their price objective on Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. 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. Stifel Nicolaus raised their price target on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Barclays lowered their price objective on shares of 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. Finally, The Goldman Sachs Group raised their target price on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $191.54.

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.