Old West Investment Management LLC Has $1.16 Million Position in Chart Industries, Inc. $GTLS

Old West Investment Management LLC decreased its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 65.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,772 shares of the industrial products company’s stock after selling 10,796 shares during the period. Old West Investment Management LLC’s holdings in Chart Industries were worth $1,155,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in GTLS. Allworth Financial LP increased its position in Chart Industries by 74.5% during the second quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 70 shares during the period. United Community Bank boosted its stake in Chart Industries by 364.5% in the third quarter. United Community Bank now owns 144 shares of the industrial products company’s stock valued at $29,000 after buying an additional 113 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of Chart Industries by 93.0% in the 2nd quarter. Bessemer Group Inc. now owns 193 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 93 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Chart Industries by 44.8% in the second quarter. Geneos Wealth Management Inc. now owns 323 shares of the industrial products company’s stock valued at $53,000 after buying an additional 100 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Chart Industries during the 2nd quarter valued at $54,000.

Chart Industries Stock Up 0.2%

GTLS opened at $207.50 on Friday. Chart Industries, Inc. has a fifty-two week low of $104.60 and a fifty-two week high of $208.24. The company’s 50-day moving average is $206.38 and its 200 day moving average is $201.25. The firm has a market capitalization of $9.33 billion, a P/E ratio of 253.05, a PEG ratio of 0.79 and a beta of 1.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.40 and a quick ratio of 1.15.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Chart Industries in a research note on Monday, December 29th. JPMorgan Chase & Co. raised their target price on Chart Industries from $194.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $206.00.

Chart Industries Profile

Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.

Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.