1,075 Shares in Chart Industries, Inc. (NYSE:GTLS) Acquired by Cornell Pochily Investment Advisors Inc.

Cornell Pochily Investment Advisors Inc. purchased a new stake in Chart Industries, Inc. (NYSE:GTLS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,075 shares of the industrial products company’s stock, valued at approximately $205,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. King Luther Capital Management Corp raised its position in Chart Industries by 2.9% in the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock valued at $128,100,000 after buying an additional 29,139 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Chart Industries by 2.0% in the third quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company’s stock valued at $123,318,000 after purchasing an additional 19,534 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Chart Industries by 4.2% in the third quarter. Principal Financial Group Inc. now owns 802,907 shares of the industrial products company’s stock worth $99,673,000 after purchasing an additional 32,442 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Chart Industries by 2.3% during the third quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock worth $73,551,000 after purchasing an additional 13,181 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in Chart Industries by 90.9% in the third quarter. Wellington Management Group LLP now owns 551,482 shares of the industrial products company’s stock valued at $68,461,000 after purchasing an additional 262,592 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Stifel Nicolaus boosted their price target on shares of Chart Industries from $200.00 to $231.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Bank of America lowered their price target on Chart Industries from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. The Goldman Sachs Group raised their target price on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, December 20th. Craig Hallum increased their price target on shares of Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Raymond James reaffirmed a “strong-buy” rating and issued a $190.00 target price on shares of Chart Industries in a report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $188.75.

Chart Industries Price Performance

NYSE:GTLS opened at $218.41 on Monday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.27. The firm has a market cap of $9.35 billion, a price-to-earnings ratio of 63.31, a P/E/G ratio of 0.64 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 firm’s 50-day simple moving average is $195.45 and its 200 day simple moving average is $154.45.

Chart Industries (NYSE:GTLS) last issued its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.56 by ($0.38). Chart Industries had a net margin of 4.30% and a return on equity of 13.25%. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the firm posted $1.28 earnings per share. The company’s quarterly revenue was up 18.3% on a year-over-year basis. As a group, sell-side analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

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.