PACK Private Wealth LLC Purchases Shares of 11,700 Chart Industries, Inc. $GTLS

PACK Private Wealth LLC purchased a new position in shares of Chart Industries, Inc. (NYSE:GTLS) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 11,700 shares of the industrial products company’s stock, valued at approximately $2,342,000. Chart Industries comprises approximately 1.1% of PACK Private Wealth LLC’s portfolio, making the stock its 14th biggest position.

A number of other institutional investors also recently made changes to their positions in GTLS. United Community Bank grew its holdings in shares of Chart Industries by 364.5% during the 3rd quarter. United Community Bank now owns 144 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 113 shares during the last quarter. Allworth Financial LP boosted 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 valued at $27,000 after buying an additional 70 shares during the period. Bessemer Group Inc. grew its stake in shares of Chart Industries by 93.0% during the second quarter. Bessemer Group Inc. now owns 193 shares of the industrial products company’s stock valued at $32,000 after buying an additional 93 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Chart Industries by 44.8% in the second quarter. Geneos Wealth Management Inc. now owns 323 shares of the industrial products company’s stock worth $53,000 after buying an additional 100 shares during the period. Finally, Mather Group LLC. purchased a new position in shares of Chart Industries in the third quarter worth about $93,000.

Analyst Ratings Changes

Several equities analysts recently issued reports on GTLS shares. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research report on Monday, December 29th. JPMorgan Chase & Co. increased their price objective on Chart Industries from $194.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $204.10.

Chart Industries Stock Up 0.1%

Shares of NYSE:GTLS opened at $206.86 on Friday. The stock’s 50-day moving average is $206.61 and its 200 day moving average is $202.51. The company has a market cap of $9.30 billion, a PE ratio of 252.27, a P/E/G 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. Chart Industries, Inc. has a 1 year low of $104.60 and a 1 year high of $208.24.

Chart Industries Company 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.