DDD Partners LLC Has $13.63 Million Stake in Chart Industries, Inc. (NYSE:GTLS)

DDD Partners LLC lessened its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 59.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,431 shares of the industrial products company's stock after selling 105,888 shares during the quarter. Chart Industries makes up about 1.7% of DDD Partners LLC's investment portfolio, making the stock its 27th largest position. DDD Partners LLC owned 0.17% of Chart Industries worth $13,632,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of GTLS. Wellington Management Group LLP boosted its stake in Chart Industries by 90.9% in the 3rd quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company's stock valued at $68,461,000 after buying an additional 262,592 shares in the last quarter. WCM Investment Management LLC acquired a new stake in Chart Industries in the 4th quarter valued at $16,239,000. Victory Capital Management Inc. boosted its stake in Chart Industries by 27.4% in the 3rd quarter. Victory Capital Management Inc. now owns 388,736 shares of the industrial products company's stock valued at $48,258,000 after buying an additional 83,685 shares in the last quarter. Stifel Financial Corp boosted its stake in Chart Industries by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 253,665 shares of the industrial products company's stock valued at $31,490,000 after buying an additional 65,615 shares in the last quarter. Finally, Pier Capital LLC acquired a new stake in Chart Industries in the 3rd quarter valued at $7,388,000.

Chart Industries Trading Down 2.3 %

Shares of GTLS stock traded down $4.45 on Thursday, reaching $191.14. 313,937 shares of the stock were exchanged, compared to its average volume of 624,898. 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. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The stock has a 50 day moving average price of $200.72 and a 200 day moving average price of $159.86.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Craig Hallum boosted their price target on Chart Industries from $199.00 to $207.00 and gave the company a "buy" rating in a research note on Monday, November 4th. The Goldman Sachs Group boosted their price target on Chart Industries from $138.00 to $201.00 and gave the company a "neutral" rating in a research note on Friday, December 20th. Barclays cut their price objective on 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. Stifel Nicolaus lifted their price objective on Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a research report on Tuesday, December 31st. Finally, Citigroup lifted their price objective on Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Three equities research 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price 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.