Americana Partners LLC Purchases Shares of 1,149 Chart Industries, Inc. (NYSE:GTLS)

Americana Partners LLC purchased a new stake in shares of Chart Industries, Inc. (NYSE:GTLS) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,149 shares of the industrial products company’s stock, valued at approximately $219,000.

Other hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new position in shares of Chart Industries during the 3rd quarter worth approximately $34,000. Blue Trust Inc. lifted its position in shares of Chart Industries by 56.0% during the 4th quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock worth $35,000 after buying an additional 65 shares in the last quarter. Spire Wealth Management lifted its position in shares of Chart Industries by 183.8% during the 4th quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock worth $37,000 after buying an additional 125 shares in the last quarter. Wingate Wealth Advisors Inc. bought a new position in shares of Chart Industries during the 4th quarter worth approximately $56,000. Finally, GAMMA Investing LLC lifted its position in shares of Chart Industries by 74.0% during the 4th quarter. GAMMA Investing LLC now owns 581 shares of the industrial products company’s stock worth $111,000 after buying an additional 247 shares in the last quarter.

Chart Industries Trading Up 1.7 %

Shares of GTLS stock opened at $197.96 on Wednesday. The company’s fifty day simple moving average is $200.77 and its two-hundred day simple moving average is $159.61. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. Chart Industries, Inc. has a 1 year low of $101.60 and a 1 year high of $220.03. The stock has a market capitalization of $8.47 billion, a price-to-earnings ratio of 57.38, a PEG ratio of 0.60 and a beta of 1.84.

Wall Street Analysts Forecast Growth

GTLS has been the topic of several recent analyst reports. Citigroup lifted their target price 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. The Goldman Sachs Group lifted their target price on shares of Chart Industries from $138.00 to $201.00 and gave the stock a “neutral” rating in a research report on Friday, December 20th. Craig Hallum lifted their target price on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Stifel Nicolaus lifted their price target on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. Finally, Raymond James reaffirmed a “strong-buy” rating and issued a $190.00 price target on shares of Chart Industries in a report on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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.