FourThought Financial Partners LLC Takes $273,000 Position in Chart Industries, Inc. (NYSE:GTLS)

FourThought Financial Partners LLC bought a new position in shares of Chart Industries, Inc. (NYSE:GTLS) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,429 shares of the industrial products company’s stock, valued at approximately $273,000.

A number of other hedge funds have also added to or reduced their stakes in GTLS. Ashton Thomas Securities LLC acquired a new stake in shares of Chart Industries during the 3rd quarter worth approximately $34,000. Blue Trust Inc. boosted its stake in Chart Industries by 56.0% during the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 65 shares in the last quarter. Spire Wealth Management grew its holdings in Chart Industries by 183.8% in the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 125 shares during the period. Wingate Wealth Advisors Inc. acquired a new stake in Chart Industries in the fourth quarter worth $56,000. Finally, GAMMA Investing LLC increased its stake in Chart Industries by 74.0% in the fourth quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock valued at $111,000 after purchasing an additional 247 shares in the last quarter.

Chart Industries Price Performance

Chart Industries stock opened at $185.22 on Thursday. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03. The company’s 50 day moving average price is $199.53 and its two-hundred day moving average price is $162.22. The stock has a market cap of $7.93 billion, a P/E ratio of 53.69, a P/E/G ratio of 0.57 and a beta of 1.84. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16.

Analyst Ratings Changes

GTLS has been the topic of a number of research analyst reports. Raymond James reissued a “strong-buy” rating and set a $190.00 price objective on shares of Chart Industries in a research report on Monday, December 2nd. Stifel Nicolaus increased their price target on Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. Citigroup boosted their price objective on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Craig Hallum upped their target price on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, The Goldman Sachs Group lifted their price target 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 given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.