Venturi Wealth Management LLC Purchases 1,087 Shares of Chart Industries, Inc. (NYSE:GTLS)

Venturi Wealth Management LLC grew its position in Chart Industries, Inc. (NYSE:GTLS) by 2,312.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,134 shares of the industrial products company’s stock after buying an additional 1,087 shares during the period. Venturi Wealth Management LLC’s holdings in Chart Industries were worth $216,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in shares of Chart Industries in 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 during the period. 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 during the period. 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 during the period.

Wall Street Analyst Weigh In

GTLS has been the subject of several analyst reports. Craig Hallum raised their target price on Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Raymond James restated a “strong-buy” rating and set a $190.00 target price on shares of Chart Industries in a research report on Monday, December 2nd. Barclays cut their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. The Goldman Sachs Group raised their price target on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Finally, BTIG Research raised their price target on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday, December 16th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $191.54.

Chart Industries Stock Down 4.9 %

NYSE GTLS opened at $181.86 on Friday. The stock has a fifty day moving average of $200.26 and a 200-day moving average of $160.54. 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. Chart Industries, Inc. has a 52 week low of $101.60 and a 52 week high of $220.03. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27.

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.