Teton Advisors Inc. Sells 2,580 Shares of Chart Industries, Inc. (GTLS)

Teton Advisors Inc. trimmed its holdings in shares of Chart Industries, Inc. (NASDAQ:GTLS) by 3.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 70,000 shares of the industrial products company’s stock after selling 2,580 shares during the period. Teton Advisors Inc. owned approximately 0.23% of Chart Industries worth $3,280,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Moody National Bank Trust Division purchased a new position in shares of Chart Industries during the fourth quarter valued at approximately $228,000. Sheets Smith Wealth Management purchased a new position in Chart Industries in the 4th quarter worth approximately $239,000. Barings LLC purchased a new position in Chart Industries in the 3rd quarter worth approximately $204,000. Crossmark Global Holdings Inc. purchased a new position in Chart Industries in the 3rd quarter worth approximately $231,000. Finally, Piedmont Investment Advisors LLC purchased a new position in Chart Industries in the 2nd quarter worth approximately $231,000. Hedge funds and other institutional investors own 84.82% of the company’s stock.

Shares of Chart Industries, Inc. (GTLS) traded up $0.42 during mid-day trading on Friday, hitting $45.06. 245,333 shares of the stock were exchanged, compared to its average volume of 176,144. Chart Industries, Inc. has a 12-month low of $32.04 and a 12-month high of $55.42. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 1.13. The company has a market cap of $1,386.54, a P/E ratio of -750.87, a price-to-earnings-growth ratio of 1.29 and a beta of 1.38.

A number of brokerages recently weighed in on GTLS. Zacks Investment Research lowered shares of Chart Industries from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Lake Street Capital set a $59.00 price objective on shares of Chart Industries and gave the stock a “buy” rating in a report on Wednesday, January 3rd. BidaskClub downgraded shares of Chart Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Cowen set a $50.00 target price on shares of Chart Industries and gave the stock a “hold” rating in a research report on Thursday, January 4th. Finally, Seaport Global Securities raised shares of Chart Industries from a “neutral” rating to a “buy” rating and set a $58.00 target price for the company in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $53.00.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The correct version of this piece can be viewed at https://stocknewstimes.com/2018/02/11/chart-industries-inc-gtls-stake-decreased-by-teton-advisors-inc.html.

Chart Industries Profile

Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.

Institutional Ownership by Quarter for Chart Industries (NASDAQ:GTLS)

Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply