Choreo LLC Grows Stock Position in Chart Industries, Inc. (NYSE:GTLS)

Choreo LLC raised its position in Chart Industries, Inc. (NYSE:GTLS) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,292 shares of the industrial products company’s stock after acquiring an additional 102 shares during the quarter. Choreo LLC’s holdings in Chart Industries were worth $818,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GTLS. Jennison Associates LLC grew its holdings in Chart Industries by 18.4% during the 4th quarter. Jennison Associates LLC now owns 92,776 shares of the industrial products company’s stock valued at $17,705,000 after purchasing an additional 14,435 shares in the last quarter. JB Capital LLC boosted its position in Chart Industries by 8.7% in the 4th quarter. JB Capital LLC now owns 10,302 shares of the industrial products company’s stock valued at $1,966,000 after buying an additional 823 shares during the last quarter. Spire Wealth Management grew its stake in shares of Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 125 shares in the last quarter. Journey Strategic Wealth LLC purchased a new stake in shares of Chart Industries during the fourth quarter worth about $247,000. Finally, Caprock Group LLC acquired a new position in shares of Chart Industries in the fourth quarter worth about $416,000.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on GTLS shares. Bank of America lowered 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. Stifel Nicolaus lifted their price target on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Craig Hallum increased their price objective 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. Barclays dropped their target price on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Finally, Raymond James reiterated a “strong-buy” rating and issued a $190.00 price target on shares of Chart Industries in a research note on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Chart Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $188.75.

Chart Industries Trading Down 2.8 %

Shares of NYSE GTLS opened at $196.59 on Monday. The company has a market cap of $8.42 billion, a price-to-earnings ratio of 56.98, a price-to-earnings-growth ratio of 0.60 and a beta of 1.84. The stock’s 50 day simple moving average is $200.24 and its 200 day simple moving average is $157.58. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. Chart Industries, Inc. has a 12-month low of $101.60 and a 12-month high of $220.03.

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.