Allianz Asset Management GmbH Trims Stock Holdings in Chart Industries, Inc. (NYSE:GTLS)

Allianz Asset Management GmbH lessened its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 10.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 190,376 shares of the industrial products company’s stock after selling 22,468 shares during the quarter. Allianz Asset Management GmbH’s holdings in Chart Industries were worth $36,331,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. National Bank of Canada FI boosted its position in shares of Chart Industries by 328.7% during the 3rd quarter. National Bank of Canada FI now owns 6,757 shares of the industrial products company’s stock worth $839,000 after purchasing an additional 5,181 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in Chart Industries by 248.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 22,257 shares of the industrial products company’s stock worth $2,744,000 after purchasing an additional 15,862 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Chart Industries by 2.3% during the third quarter. Fisher Asset Management LLC now owns 592,486 shares of the industrial products company’s stock worth $73,551,000 after buying an additional 13,181 shares during the period. Mitsubishi UFJ Asset Management UK Ltd. grew its stake in shares of Chart Industries by 26.7% in the fourth quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 9,500 shares of the industrial products company’s stock valued at $1,813,000 after buying an additional 2,000 shares in the last quarter. Finally, Blueshift Asset Management LLC purchased a new stake in shares of Chart Industries in the 3rd quarter valued at $373,000.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Barclays lowered their target price on Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. The Goldman Sachs Group lifted their price objective on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a report on Friday, December 20th. Citigroup increased their target price on shares of Chart Industries from $190.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Craig Hallum raised their price target on shares of Chart Industries from $199.00 to $207.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, Stifel Nicolaus increased their price objective on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $191.54.

Chart Industries Stock Down 4.9 %

Chart Industries stock opened at $181.86 on Monday. The stock has a market cap of $7.79 billion, a PE ratio of 52.71, a P/E/G ratio of 0.57 and a beta of 1.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The stock’s fifty day moving average is $200.26 and its two-hundred day moving average is $161.14. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03.

Chart Industries Company 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.