Avalon Trust Co Has $15.33 Million Stock Holdings in Chart Industries, Inc. $GTLS

Avalon Trust Co decreased its stake in shares of Chart Industries, Inc. (NYSE:GTLS) by 5.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 76,594 shares of the industrial products company’s stock after selling 4,485 shares during the period. Chart Industries accounts for about 1.0% of Avalon Trust Co’s portfolio, making the stock its 28th largest holding. Avalon Trust Co owned 0.17% of Chart Industries worth $15,330,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of GTLS. Raiffeisen Bank International AG boosted its holdings in shares of Chart Industries by 27.3% during the third quarter. Raiffeisen Bank International AG now owns 7,000 shares of the industrial products company’s stock worth $1,399,000 after acquiring an additional 1,500 shares during the period. BCK Capital Management LP acquired a new stake in Chart Industries during the 3rd quarter worth approximately $4,129,000. Muhlenkamp & Co. Inc. bought a new stake in Chart Industries in the 3rd quarter valued at $1,586,000. CenterBook Partners LP grew its holdings in Chart Industries by 102.6% in the 3rd quarter. CenterBook Partners LP now owns 7,989 shares of the industrial products company’s stock valued at $1,599,000 after buying an additional 4,046 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ increased its position in Chart Industries by 337.5% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 17,500 shares of the industrial products company’s stock worth $3,503,000 after buying an additional 13,500 shares during the period.

Chart Industries Stock Performance

NYSE GTLS opened at $207.18 on Monday. The firm’s 50 day simple moving average is $206.77 and its 200 day simple moving average is $202.85. The firm has a market capitalization of $9.31 billion, a price-to-earnings ratio of 252.67, a P/E/G ratio of 0.79 and a beta of 1.75. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 1.08. Chart Industries, Inc. has a 1 year low of $104.60 and a 1 year high of $208.24.

Wall Street Analyst Weigh In

Several research firms recently commented on GTLS. Zacks Research upgraded shares of Chart Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. raised their target price on shares of Chart Industries from $194.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $204.10.

Chart Industries 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.