Braun Stacey Associates Inc. Invests $16.63 Million in Chart Industries, Inc. (NYSE:GTLS)

Braun Stacey Associates Inc. bought a new stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 87,148 shares of the industrial products company's stock, valued at approximately $16,631,000. Braun Stacey Associates Inc. owned 0.20% of Chart Industries as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GTLS. National Bank of Canada FI boosted its position in shares of Chart Industries by 328.7% in the 3rd quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company's stock worth $839,000 after buying an additional 5,181 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of Chart Industries by 248.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company's stock worth $2,744,000 after buying an additional 15,862 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Chart Industries by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company's stock worth $73,551,000 after buying an additional 13,181 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. boosted its position in shares of Chart Industries by 26.7% in the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company's stock worth $1,813,000 after buying an additional 2,000 shares in the last quarter. Finally, Blueshift Asset Management LLC purchased a new stake in shares of Chart Industries in the 3rd quarter worth about $373,000.

Chart Industries Trading Down 4.9 %

Shares of NYSE GTLS traded down $9.44 on Friday, reaching $181.86. 568,335 shares of the company traded hands, compared to its average volume of 623,233. Chart Industries, Inc. has a fifty-two week low of $101.60 and a fifty-two week high of $220.03. The company has a 50 day moving average of $200.26 and a 200 day moving average of $160.54. The company has a current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $7.79 billion, a PE ratio of 52.71, a P/E/G ratio of 0.59 and a beta of 1.84.

Analyst Ratings Changes

GTLS has been the topic of several recent research reports. Craig Hallum boosted their price objective on shares of Chart Industries from $199.00 to $207.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. BTIG Research boosted their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. Barclays decreased their price objective on shares of Chart Industries from $146.00 to $145.00 and set an "equal weight" rating on the stock in a research report on Monday, November 4th. Citigroup boosted their target price on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Finally, The Goldman Sachs Group boosted their target price on shares of Chart Industries from $138.00 to $201.00 and gave the company a "neutral" rating in a research note on Friday, December 20th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $191.54.

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.