Gulf International Bank UK Ltd boosted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 67,260 shares of the energy company’s stock after buying an additional 500 shares during the period. Gulf International Bank UK Ltd’s holdings in Cheniere Energy were worth $3,179,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in LNG. First Quadrant L P CA purchased a new stake in shares of Cheniere Energy during the third quarter valued at about $118,000. WFG Advisors LP boosted its stake in shares of Cheniere Energy by 113.8% in the fourth quarter. WFG Advisors LP now owns 1,067 shares of the energy company’s stock valued at $154,000 after buying an additional 568 shares during the last quarter. US Bancorp DE boosted its stake in shares of Cheniere Energy by 8.4% in the third quarter. US Bancorp DE now owns 3,898 shares of the energy company’s stock valued at $170,000 after buying an additional 302 shares during the last quarter. Bluestein R H & Co. boosted its stake in shares of Cheniere Energy by 0.7% in the fourth quarter. Bluestein R H & Co. now owns 5,035 shares of the energy company’s stock valued at $209,000 after buying an additional 35 shares during the last quarter. Finally, NEXT Financial Group Inc boosted its stake in shares of Cheniere Energy by 196.7% in the third quarter. NEXT Financial Group Inc now owns 5,103 shares of the energy company’s stock valued at $222,000 after buying an additional 3,383 shares during the last quarter.

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

Cheniere Energy, Inc. (NYSE:LNG) opened at 46.00 on Friday. Cheniere Energy, Inc. has a one year low of $31.02 and a one year high of $50.53. The company has a 50-day moving average price of $46.18 and a 200-day moving average price of $43.59. The company’s market capitalization is $10.69 billion.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Tuesday, February 28th. The energy company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by $0.04. The firm had revenue of $571.60 million for the quarter, compared to the consensus estimate of $538.54 million. During the same period last year, the business earned ($1.28) earnings per share. The firm’s revenue for the quarter was up 735.7% compared to the same quarter last year. Equities research analysts anticipate that Cheniere Energy, Inc. will post ($0.13) EPS for the current year.

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LNG has been the topic of several research reports. Zacks Investment Research upgraded Cheniere Energy from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Friday, February 17th. Guggenheim initiated coverage on Cheniere Energy in a research note on Monday. They set a “buy” rating and a $54.00 price objective on the stock. Scotiabank restated a “buy” rating and set a $52.00 price objective on shares of Cheniere Energy in a research note on Thursday, March 23rd. Wells Fargo & Co initiated coverage on Cheniere Energy in a research note on Wednesday, February 8th. They set an “outperform” rating and a $50.53 price objective on the stock. Finally, Barclays PLC upped their price objective on Cheniere Energy from $53.00 to $58.00 and gave the company an “overweight” rating in a research note on Wednesday. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $51.05.

About Cheniere Energy

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.

5 Day Chart for NYSE:LNG

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