Chart Industries, Inc. $GTLS Shares Sold by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. cut its position in Chart Industries, Inc. (NYSE:GTLS) by 41.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,450 shares of the industrial products company’s stock after selling 24,136 shares during the quarter. Braun Stacey Associates Inc. owned 0.07% of Chart Industries worth $7,123,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in Chart Industries by 95.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $29,000 after buying an additional 71 shares in the last quarter. Torren Management LLC purchased a new position in Chart Industries in the 4th quarter valued at about $30,000. Los Angeles Capital Management LLC acquired a new stake in shares of Chart Industries during the fourth quarter valued at about $40,000. MCF Advisors LLC acquired a new stake in shares of Chart Industries during the fourth quarter valued at about $41,000. Finally, Clearstead Advisors LLC increased its position in shares of Chart Industries by 243.3% during the third quarter. Clearstead Advisors LLC now owns 230 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 163 shares during the last quarter.

Chart Industries Trading Down 0.1%

NYSE GTLS opened at $208.66 on Friday. The company has a market capitalization of $9.99 billion, a price-to-earnings ratio of 802.55, a price-to-earnings-growth ratio of 1.23 and a beta of 1.53. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.53 and a quick ratio of 1.21. Chart Industries, Inc. has a 12 month low of $160.41 and a 12 month high of $209.13. The company’s fifty day moving average price is $207.66 and its two-hundred day moving average price is $207.15.

Wall Street Analysts Forecast Growth

GTLS has been the topic of several recent analyst reports. Wall Street Zen upgraded Chart Industries from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. Zacks Research lowered Chart Industries from a “hold” rating to a “strong sell” rating in a research note on Monday, April 27th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a report on Wednesday. Eleven investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $201.80.

About Chart Industries

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.