6,693 Shares in Chart Industries, Inc. (NYSE:GTLS) Purchased by Entropy Technologies LP

Entropy Technologies LP acquired a new position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,693 shares of the industrial products company's stock, valued at approximately $1,277,000.

A number of other hedge funds have also recently made changes to their positions in GTLS. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in Chart Industries in the 4th quarter valued at approximately $651,000. Strategic Financial Concepts LLC purchased a new position in Chart Industries in the 4th quarter valued at approximately $4,115,000. Hedeker Wealth LLC purchased a new position in Chart Industries in the 4th quarter valued at approximately $2,815,000. Choreo LLC boosted its position in Chart Industries by 2.4% in the 4th quarter. Choreo LLC now owns 4,292 shares of the industrial products company's stock valued at $818,000 after buying an additional 102 shares during the period. Finally, Jennison Associates LLC boosted its position in Chart Industries by 18.4% in the 4th quarter. Jennison Associates LLC now owns 92,776 shares of the industrial products company's stock valued at $17,705,000 after buying an additional 14,435 shares during the period.

Chart Industries Stock Up 0.4 %

NYSE:GTLS traded up $0.79 during midday trading on Friday, hitting $194.59. 461,031 shares of the company were exchanged, compared to its average volume of 648,081. The company has a fifty day simple moving average of $200.57 and a 200 day simple moving average of $158.84. 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 current ratio of 1.27, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $8.33 billion, a PE ratio of 56.40, a price-to-earnings-growth ratio of 0.60 and a beta of 1.84.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Craig Hallum raised 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. Stifel Nicolaus raised their price target on shares of Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a research report on Tuesday, December 31st. BTIG Research raised their price objective on shares of Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a report on Monday, December 16th. Raymond James restated a "strong-buy" rating and issued a $190.00 price objective on shares of Chart Industries in a report on Monday, December 2nd. Finally, Citigroup raised their price objective on shares of Chart Industries from $190.00 to $225.00 and gave the company a "buy" rating in a report on Thursday. Three 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. According to data from MarketBeat.com, the company currently has an average 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.