Parkwood LLC cut its position in Cheniere Energy, Inc. (NYSE:LNG) by 57.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,863 shares of the energy company’s stock after selling 18,703 shares during the quarter. Parkwood LLC’s holdings in Cheniere Energy were worth $624,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Atria Investments LLC raised its position in Cheniere Energy by 0.4% in the second quarter. Atria Investments LLC now owns 6,804 shares of the energy company’s stock valued at $331,000 after purchasing an additional 24 shares during the last quarter. Sii Investments Inc. WI raised its position in Cheniere Energy by 0.7% in the second quarter. Sii Investments Inc. WI now owns 9,424 shares of the energy company’s stock valued at $461,000 after purchasing an additional 66 shares during the last quarter. Pointe Capital Management LLC raised its position in Cheniere Energy by 0.5% in the second quarter. Pointe Capital Management LLC now owns 15,055 shares of the energy company’s stock valued at $733,000 after purchasing an additional 76 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Cheniere Energy by 0.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 14,532 shares of the energy company’s stock valued at $708,000 after purchasing an additional 79 shares during the last quarter. Finally, Proficio Capital Partners LLC raised its position in Cheniere Energy by 2.1% in the second quarter. Proficio Capital Partners LLC now owns 5,060 shares of the energy company’s stock valued at $228,000 after purchasing an additional 102 shares during the last quarter.

Cheniere Energy, Inc. (LNG) traded down $0.07 during midday trading on Tuesday, reaching $50.19. The company had a trading volume of 486,810 shares, compared to its average volume of 2,150,000. Cheniere Energy, Inc. has a fifty-two week low of $35.07 and a fifty-two week high of $51.41.

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In other Cheniere Energy news, insider Jack A. Fusco bought 23,750 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The stock was acquired at an average price of $42.32 per share, with a total value of $1,005,100.00. Following the completion of the purchase, the insider now directly owns 399,985 shares of the company’s stock, valued at approximately $16,927,365.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Michael J. Wortley bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The shares were acquired at an average cost of $41.96 per share, with a total value of $209,800.00. Following the purchase, the chief financial officer now directly owns 433,830 shares of the company’s stock, valued at $18,203,506.80. The disclosure for this purchase can be found here. Insiders have purchased 29,750 shares of company stock valued at $1,257,000 in the last ninety days.

Several equities research analysts have recently weighed in on the company. BidaskClub raised Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Saturday. J P Morgan Chase & Co decreased their price target on Cheniere Energy from $36.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, November 1st. Scotiabank reissued a “buy” rating and issued a $52.00 price target on shares of Cheniere Energy in a research note on Wednesday, October 25th. BMO Capital Markets assumed coverage on Cheniere Energy in a research note on Monday, September 25th. They issued an “outperform” rating and a $60.00 price target for the company. Finally, ValuEngine cut Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $52.61.

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.

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

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