Hudson Value Partners LLC Purchases New Stake in Chart Industries, Inc. (NYSE:GTLS)

Hudson Value Partners LLC purchased a new stake in Chart Industries, Inc. (NYSE:GTLS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,740 shares of the industrial products company's stock, valued at approximately $1,286,000.

Other institutional investors also recently modified their holdings of the company. King Luther Capital Management Corp increased its position in shares of Chart Industries by 2.9% during the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company's stock worth $128,100,000 after purchasing an additional 29,139 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Chart Industries by 2.0% during the third quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company's stock worth $123,318,000 after buying an additional 19,534 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Chart Industries by 4.2% during the 3rd quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company's stock valued at $99,673,000 after acquiring an additional 32,442 shares during the last quarter. Fisher Asset Management LLC lifted its stake 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 valued at $73,551,000 after purchasing an additional 13,181 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of 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 worth $68,461,000 after purchasing an additional 262,592 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Raymond James reiterated a "strong-buy" rating and issued a $190.00 price objective on shares of Chart Industries in a report on Monday, December 2nd. Stifel Nicolaus increased 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. Barclays reduced 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 note on Monday, November 4th. BTIG Research upped their target price on shares of Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Monday, December 16th. Finally, Citigroup lifted their price target on shares of Chart Industries from $190.00 to $225.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Chart Industries currently has a consensus rating of "Moderate Buy" and an average price target of $191.54.

Chart Industries Stock Down 4.9 %

Shares of NYSE GTLS traded down $9.44 during trading hours on Friday, hitting $181.86. The company had a trading volume of 568,282 shares, compared to its average volume of 616,634. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The company has a quick ratio of 1.00, a current ratio of 1.27 and a debt-to-equity ratio of 1.16. The firm's 50 day moving average is $200.58 and its 200-day moving average is $160.08. The stock has a market capitalization of $7.79 billion, a P/E ratio of 52.71, a price-to-earnings-growth ratio of 0.59 and a beta of 1.84.

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.