Tranquility Partners LLC Invests $590,000 in Chart Industries, Inc. (NYSE:GTLS)

Tranquility Partners LLC bought a new stake in shares of Chart Industries, Inc. (NYSE:GTLS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,091 shares of the industrial products company’s stock, valued at approximately $590,000.

Several other institutional investors have also bought and sold shares of GTLS. Legato Capital Management LLC purchased a new position in Chart Industries during the 4th quarter worth $1,022,000. Wingate Wealth Advisors Inc. bought a new position in shares of Chart Industries during the fourth quarter valued at about $56,000. WCM Investment Management LLC purchased a new position in Chart Industries during the fourth quarter worth about $16,239,000. Entropy Technologies LP bought a new stake in Chart Industries in the 4th quarter worth about $1,277,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in Chart Industries in the 4th quarter valued at about $651,000.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on GTLS shares. The Goldman Sachs Group upped their target price on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Barclays cut their price objective 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 raised their target price on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Raymond James reissued a “strong-buy” rating and issued a $190.00 price target on shares of Chart Industries in a report on Monday, December 2nd. Finally, Craig Hallum lifted their price objective 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. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.75.

Chart Industries Stock Down 0.7 %

GTLS opened at $192.45 on Thursday. The firm has a market capitalization of $8.24 billion, a P/E ratio of 55.78, a price-to-earnings-growth ratio of 0.60 and a beta of 1.84. Chart Industries, Inc. has a one year low of $101.60 and a one year high of $220.03. The company has a fifty day moving average price of $200.43 and a 200-day moving average price of $158.34. 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 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.