Hedeker Wealth LLC Buys New Shares in Chart Industries, Inc. (NYSE:GTLS)

Hedeker Wealth LLC bought a new position in Chart Industries, Inc. (NYSE:GTLS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,750 shares of the industrial products company's stock, valued at approximately $2,815,000.

Several other hedge funds also recently made changes to their positions in GTLS. Archford Capital Strategies LLC lifted its stake in shares of Chart Industries by 2.2% in the fourth quarter. Archford Capital Strategies LLC now owns 2,269 shares of the industrial products company's stock valued at $433,000 after purchasing an additional 48 shares during the period. MML Investors Services LLC lifted its stake in shares of Chart Industries by 3.3% in the third quarter. MML Investors Services LLC now owns 1,974 shares of the industrial products company's stock valued at $245,000 after purchasing an additional 63 shares during the period. Blue Trust Inc. lifted 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 valued at $35,000 after purchasing an additional 65 shares during the period. Choreo LLC lifted its stake in shares of Chart Industries by 2.4% in the fourth quarter. Choreo LLC now owns 4,292 shares of the industrial products company's stock valued at $818,000 after purchasing an additional 102 shares during the period. Finally, Glenmede Trust Co. NA lifted its stake in shares of Chart Industries by 2.4% in the third quarter. Glenmede Trust Co. NA now owns 4,794 shares of the industrial products company's stock valued at $595,000 after purchasing an additional 114 shares during the period.

Analyst Ratings Changes

Several analysts recently commented on the stock. Stifel Nicolaus raised their price objective on shares of Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a research note on Tuesday, December 31st. Craig Hallum raised their price objective on shares of Chart Industries from $199.00 to $207.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Raymond James reiterated a "strong-buy" rating and issued a $190.00 price objective on shares of Chart Industries in a research note on Monday, December 2nd. Bank of America dropped their target price on shares of Chart Industries from $185.00 to $165.00 and set a "buy" rating for the company in a report on Monday, October 14th. Finally, BTIG Research raised their target price 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. Three analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $188.75.

Chart Industries Trading Up 2.5 %

Shares of NYSE GTLS traded up $4.98 during midday trading on Monday, reaching $201.44. 594,265 shares of the stock were exchanged, compared to its average volume of 626,026. The company has a market capitalization of $8.62 billion, a P/E ratio of 58.32, a P/E/G ratio of 0.60 and a beta of 1.84. Chart Industries, Inc. has a 52-week low of $101.60 and a 52-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 stock has a 50 day moving average price of $200.24 and a 200-day moving average price of $157.58.

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.