Bessemer Group Inc. increased its stake in Cheniere Energy, Inc. (NYSE:LNG) by 1.8% during the second quarter, Holdings Channel reports. The firm owned 38,760 shares of the energy company’s stock after buying an additional 683 shares during the period. Bessemer Group Inc.’s holdings in Cheniere Energy were worth $1,888,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in shares of Cheniere Energy by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 480,759 shares of the energy company’s stock valued at $19,922,000 after buying an additional 5,561 shares during the period. Guggenheim Capital LLC increased its stake in shares of Cheniere Energy by 11.6% in the fourth quarter. Guggenheim Capital LLC now owns 23,411 shares of the energy company’s stock valued at $970,000 after buying an additional 2,434 shares during the period. AQR Capital Management LLC bought a new stake in shares of Cheniere Energy during the fourth quarter valued at about $339,000. Teachers Advisors LLC increased its stake in shares of Cheniere Energy by 6.8% in the fourth quarter. Teachers Advisors LLC now owns 303,582 shares of the energy company’s stock valued at $12,577,000 after buying an additional 19,230 shares during the period. Finally, Gulf International Bank UK Ltd increased its stake in shares of Cheniere Energy by 0.7% in the first quarter. Gulf International Bank UK Ltd now owns 67,260 shares of the energy company’s stock valued at $3,179,000 after buying an additional 500 shares during the period.

Cheniere Energy, Inc. (NYSE LNG) opened at 41.11 on Friday. The company has a 50-day moving average of $46.33 and a 200-day moving average of $47.03. The company’s market capitalization is $9.56 billion. Cheniere Energy, Inc. has a 52 week low of $35.07 and a 52 week high of $51.41.

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LNG has been the subject of several research reports. Guggenheim initiated coverage on shares of Cheniere Energy in a research report on Monday, April 17th. They set a “buy” rating and a $54.00 price objective for the company. Barclays PLC raised their price objective on shares of Cheniere Energy from $53.00 to $58.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 19th. Zacks Investment Research upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research report on Wednesday, April 19th. Credit Suisse Group restated an “outperform” rating and set a $58.00 price objective (up from $55.00) on shares of Cheniere Energy in a research report on Saturday, April 22nd. Finally, Morgan Stanley downgraded shares of Cheniere Energy from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective for the company. in a research report on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $54.08.

Cheniere Energy Company Profile

Cheniere Energy, Inc (Cheniere) is an energy company primarily engaged in liquefied natural gas (LNG)-related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business. Its LNG terminal segment consists of the Sabine Pass and Corpus Christi LNG terminals.

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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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