Crumly & Associates Inc. Takes $334,000 Position in Chart Industries, Inc. (NYSE:GTLS)

Crumly & Associates Inc. acquired a new stake in shares of Chart Industries, Inc. (NYSE:GTLS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,751 shares of the industrial products company’s stock, valued at approximately $334,000.

Other hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. boosted its holdings 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 purchasing an additional 65 shares during the last quarter. Spire Wealth Management boosted its holdings in Chart Industries by 183.8% during 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 last quarter. Ashton Thomas Securities LLC bought a new stake in Chart Industries in the third quarter worth about $34,000. Wingate Wealth Advisors Inc. bought a new stake in Chart Industries in the fourth quarter worth about $56,000. Finally, GAMMA Investing LLC raised its position in Chart Industries by 74.0% in the fourth quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock worth $111,000 after acquiring an additional 247 shares during the period.

Wall Street Analyst Weigh In

Several analysts have commented on GTLS shares. Stifel Nicolaus lifted their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Craig Hallum boosted their price target on shares of Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Citigroup boosted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Raymond James reissued a “strong-buy” rating and issued a $190.00 price target on shares of Chart Industries in a research report on Monday, December 2nd. Finally, BTIG Research upped their target price on shares of Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $191.54.

Chart Industries Price Performance

GTLS stock opened at $191.14 on Friday. 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, Inc. has a one year low of $101.60 and a one year high of $220.03. The stock has a market cap of $8.18 billion, a PE ratio of 55.40, a P/E/G ratio of 0.59 and a beta of 1.84. The firm has a 50 day simple moving average of $200.58 and a two-hundred day simple moving average of $160.08.

About Chart Industries

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.