Vontobel Holding Ltd. Sells 12,697 Shares of Chart Industries, Inc. (NYSE:GTLS)

Vontobel Holding Ltd. lessened its position in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 16.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 65,186 shares of the industrial products company's stock after selling 12,697 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.15% of Chart Industries worth $12,440,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Tranquility Partners LLC bought a new position in shares of Chart Industries during the 4th quarter worth approximately $590,000. Legato Capital Management LLC acquired a new position in Chart Industries in the 4th quarter valued at $1,022,000. Wingate Wealth Advisors Inc. acquired a new position in Chart Industries in the 4th quarter valued at $56,000. WCM Investment Management LLC acquired a new position in Chart Industries in the 4th quarter valued at $16,239,000. Finally, Entropy Technologies LP acquired a new position in shares of Chart Industries during the 4th quarter worth $1,277,000.

Chart Industries Stock Performance

Shares of Chart Industries stock traded up $3.22 during trading hours on Tuesday, reaching $197.96. The company had a trading volume of 374,871 shares, compared to its average volume of 634,375. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The business has a fifty day simple moving average of $200.65 and a 200 day simple moving average of $159.11. 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 firm has a market cap of $8.47 billion, a PE ratio of 57.38, a price-to-earnings-growth ratio of 0.60 and a beta of 1.84.

Analyst Ratings Changes

GTLS has been the subject of a number of research analyst reports. The Goldman Sachs Group boosted their price target on Chart Industries from $138.00 to $201.00 and gave the stock a "neutral" rating in a report on Friday, December 20th. Barclays cut their target price on Chart Industries from $146.00 to $145.00 and set an "equal weight" rating on the stock in a research report on Monday, November 4th. BTIG Research upped their price target on Chart Industries from $170.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, December 16th. Stifel Nicolaus upped their price target on Chart Industries from $200.00 to $231.00 and gave the stock a "buy" rating in a research note on Tuesday, December 31st. Finally, Citigroup upped their price target on Chart Industries from $190.00 to $225.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Chart Industries currently has a consensus rating of "Moderate Buy" and an average price target of $191.54.

Chart Industries Company 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.