Braun Stacey Associates Inc. Has $13.02 Million Position in Chart Industries, Inc. (NYSE:GTLS)

Braun Stacey Associates Inc. lifted its holdings in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 3.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 90,218 shares of the industrial products company's stock after acquiring an additional 3,070 shares during the period. Braun Stacey Associates Inc. owned approximately 0.20% of Chart Industries worth $13,024,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Capital Analysts LLC bought a new position in Chart Industries during the 4th quarter valued at about $25,000. Opal Wealth Advisors LLC bought a new position in Chart Industries during the 1st quarter valued at about $25,000. Global X Japan Co. Ltd. lifted its holdings in Chart Industries by 142.9% during the 1st quarter. Global X Japan Co. Ltd. now owns 170 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 100 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Chart Industries by 129.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock valued at $31,000 after purchasing an additional 92 shares during the last quarter. Finally, Fairway Wealth LLC acquired a new stake in Chart Industries in the 4th quarter valued at about $34,000.

Analyst Ratings Changes

GTLS has been the subject of several research reports. TD Cowen lowered their price objective on shares of Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Barclays raised their price objective on shares of Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a research report on Monday, May 5th. The Goldman Sachs Group set a $180.00 price objective on shares of Chart Industries and gave the company a "neutral" rating in a research report on Wednesday, May 28th. Morgan Stanley lowered their price objective on shares of Chart Industries from $250.00 to $225.00 and set an "overweight" rating for the company in a research report on Friday, May 16th. Finally, Stifel Nicolaus lowered their price objective on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $200.00.

Chart Industries Trading Up 2.4%

Shares of NYSE:GTLS traded up $4.00 during trading on Tuesday, hitting $167.62. 772,416 shares of the company's stock were exchanged, compared to its average volume of 788,457. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The firm has a 50-day moving average price of $156.95 and a two-hundred day moving average price of $166.53. The company has a current ratio of 1.51, a quick ratio of 1.21 and a debt-to-equity ratio of 1.18. The firm has a market cap of $7.66 billion, a P/E ratio of 33.86, a PEG ratio of 0.64 and a beta of 1.68.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.84 by $0.02. The company had revenue of $1 billion during the quarter, compared to analysts' expectations of $1.02 billion. Chart Industries had a net margin of 5.93% and a return on equity of 13.93%. Chart Industries's revenue was up 38.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.49 EPS. Equities analysts predict that Chart Industries, Inc. will post 9.02 earnings per share for the current year.

Chart Industries 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.