Segall Bryant & Hamill LLC Takes Position in Chart Industries, Inc. $GTLS

Segall Bryant & Hamill LLC bought a new position in Chart Industries, Inc. (NYSE:GTLS) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 7,046 shares of the industrial products company’s stock, valued at approximately $1,460,000.

Other institutional investors have also bought and sold shares of the company. Torren Management LLC bought a new stake in Chart Industries during the fourth quarter valued at about $30,000. Los Angeles Capital Management LLC bought a new position in shares of Chart Industries in the fourth quarter worth about $40,000. MCF Advisors LLC purchased a new stake in shares of Chart Industries during the fourth quarter worth about $41,000. Smartleaf Asset Management LLC grew its position in shares of Chart Industries by 44.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 223 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 69 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in Chart Industries by 44.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 323 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 100 shares during the period.

Chart Industries Price Performance

Shares of GTLS opened at $209.90 on Wednesday. The stock has a market capitalization of $10.05 billion, a price-to-earnings ratio of -201.82, a price-to-earnings-growth ratio of 1.24 and a beta of 1.53. Chart Industries, Inc. has a 1 year low of $163.23 and a 1 year high of $209.96. The business’s 50 day simple moving average is $208.70 and its 200-day simple moving average is $207.83. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.53 and a quick ratio of 1.21.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Chart Industries in a report on Wednesday, June 24th. Wall Street Zen upgraded shares of Chart Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Finally, Zacks Research downgraded shares of Chart Industries from a “hold” rating to a “strong sell” rating in a report on Monday, April 27th. Two investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $210.00.

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.