Semmax Financial Advisors Inc. lowered its position in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 40.6% during the first quarter, Holdings Channel reports. The institutional investor owned 424 shares of the energy company’s stock after selling 290 shares during the period. Semmax Financial Advisors Inc.’s holdings in Cheniere Energy were worth $29,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in LNG. Norges Bank acquired a new position in Cheniere Energy in the fourth quarter worth approximately $113,377,000. Millennium Management LLC boosted its position in Cheniere Energy by 524.3% during the fourth quarter. Millennium Management LLC now owns 1,725,271 shares of the energy company’s stock worth $102,119,000 after purchasing an additional 1,448,922 shares during the period. Vanguard Group Inc boosted its position in Cheniere Energy by 4.8% during the third quarter. Vanguard Group Inc now owns 19,315,695 shares of the energy company’s stock worth $1,342,247,000 after purchasing an additional 890,140 shares during the period. American Century Companies Inc. boosted its position in Cheniere Energy by 47.3% during the fourth quarter. American Century Companies Inc. now owns 2,724,014 shares of the energy company’s stock worth $161,234,000 after purchasing an additional 874,821 shares during the period. Finally, MFN Partners Management LP bought a new stake in Cheniere Energy during the fourth quarter worth approximately $44,393,000.

Shares of NYSEAMERICAN:LNG traded up $1.02 during midday trading on Tuesday, reaching $67.42. The company’s stock had a trading volume of 22,180 shares, compared to its average volume of 1,748,253. Cheniere Energy, Inc. has a fifty-two week low of $55.09 and a fifty-two week high of $71.03.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its quarterly earnings data on Thursday, May 9th. The energy company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.25. The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $1.90 billion. Cheniere Energy’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.50 earnings per share.

Several equities research analysts have recently weighed in on the company. Gabelli assumed coverage on Cheniere Energy in a research report on Monday, May 13th. They issued a “buy” rating for the company. Scotiabank assumed coverage on Cheniere Energy in a research report on Friday, February 8th. They issued an “outperform” rating for the company. Finally, Evercore ISI initiated coverage on Cheniere Energy in a research report on Tuesday, March 12th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Cheniere Energy presently has a consensus rating of “Buy” and an average target price of $78.10.

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About Cheniere Energy

Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns Creole Trail pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines; and operates Corpus Christi pipeline, a 23-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.

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

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