Caprock Group LLC Invests $416,000 in Chart Industries, Inc. (NYSE:GTLS)

Caprock Group LLC purchased a new stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,178 shares of the industrial products company's stock, valued at approximately $416,000.

Other institutional investors have also made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new stake in shares of Chart Industries in the third quarter worth $34,000. Blue Trust Inc. grew its stake in shares of Chart Industries by 56.0% in 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 during the last quarter. UMB Bank n.a. grew its stake in shares of Chart Industries by 418.0% in the third quarter. UMB Bank n.a. now owns 316 shares of the industrial products company's stock worth $39,000 after acquiring an additional 255 shares during the last quarter. Mendota Financial Group LLC grew its stake in shares of Chart Industries by 46.2% in the third quarter. Mendota Financial Group LLC now owns 642 shares of the industrial products company's stock worth $80,000 after acquiring an additional 203 shares during the last quarter. Finally, nVerses Capital LLC acquired a new stake in shares of Chart Industries in the third quarter worth $87,000.

Chart Industries Price Performance

Shares of Chart Industries stock traded down $5.63 during trading on Friday, reaching $196.59. The company's stock had a trading volume of 1,011,425 shares, compared to its average volume of 526,977. The stock has a 50-day moving average price of $200.24 and a two-hundred day moving average price of $157.60. 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 one year low of $101.60 and a one year high of $220.03. The stock has a market capitalization of $8.42 billion, a P/E ratio of 56.98, a price-to-earnings-growth ratio of 0.60 and a beta of 1.84.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GTLS. The Goldman Sachs Group lifted their price target on shares of Chart Industries from $138.00 to $201.00 and gave the stock a "neutral" rating in a research note on Friday, December 20th. Barclays decreased their price target on shares of Chart Industries from $146.00 to $145.00 and set an "equal weight" rating on the stock in a research note on Monday, November 4th. BTIG Research lifted their price target on shares of Chart Industries from $170.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, December 16th. Raymond James reiterated a "strong-buy" rating and set a $190.00 price target on shares of Chart Industries in a research note on Monday, December 2nd. Finally, Bank of America decreased their price target on shares of Chart Industries from $185.00 to $165.00 and set a "buy" rating on the stock in a research note on Monday, October 14th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $188.75.

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.