Virtu KCG Holdings LLC Decreases Position in Cheniere Energy, Inc. (LNG)

Virtu KCG Holdings LLC trimmed its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 78.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,823 shares of the energy company’s stock after selling 39,177 shares during the quarter. Virtu KCG Holdings LLC’s holdings in Cheniere Energy were worth $527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of LNG. Van ECK Associates Corp increased its stake in Cheniere Energy by 21.9% during the 1st quarter. Van ECK Associates Corp now owns 2,675 shares of the energy company’s stock valued at $126,000 after purchasing an additional 480 shares in the last quarter. Fiduciary Trust Co. bought a new stake in Cheniere Energy during the 2nd quarter valued at about $188,000. Greenwood Capital Associates LLC bought a new stake in Cheniere Energy during the 2nd quarter valued at about $210,000. US Bancorp DE increased its stake in Cheniere Energy by 37.4% during the 1st quarter. US Bancorp DE now owns 4,626 shares of the energy company’s stock valued at $219,000 after purchasing an additional 1,258 shares in the last quarter. Finally, Proficio Capital Partners LLC increased its stake in Cheniere Energy by 19,732.0% during the 1st quarter. Proficio Capital Partners LLC now owns 4,958 shares of the energy company’s stock valued at $251,000 after purchasing an additional 4,933 shares in the last quarter.

LNG has been the subject of a number of analyst reports. Morgan Stanley lowered 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 note on Tuesday, June 13th. Zacks Investment Research upgraded shares of Cheniere Energy from a “hold” rating to a “strong-buy” rating and set a $56.00 price objective for the company in a research note on Tuesday, July 4th. Scotiabank set a $52.00 price objective on shares of Cheniere Energy and gave the company a “buy” rating in a research note on Friday, July 21st. BidaskClub lowered shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, ValuEngine lowered shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $54.82.

Cheniere Energy, Inc. (NYSE:LNG) opened at 46.33 on Wednesday. Cheniere Energy, Inc. has a 12-month low of $35.07 and a 12-month high of $51.41. The stock’s market cap is $10.77 billion. The company has a 50 day moving average of $43.73 and a 200-day moving average of $45.97.

In other Cheniere Energy news, insider Jack A. Fusco purchased 23,750 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The shares were bought at an average price of $42.32 per share, for a total transaction of $1,005,100.00. Following the acquisition, the insider now owns 399,985 shares in the company, valued at $16,927,365.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael J. Wortley purchased 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was acquired at an average price of $41.96 per share, for a total transaction of $209,800.00. Following the acquisition, the chief financial officer now owns 433,830 shares in the company, valued at approximately $18,203,506.80. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 29,750 shares of company stock worth $1,257,000.

WARNING: “Virtu KCG Holdings LLC Decreases Position in Cheniere Energy, Inc. (LNG)” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://www.com-unik.info/2017/10/11/virtu-kcg-holdings-llc-decreases-position-in-cheniere-energy-inc-lng.html.

Cheniere Energy 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.

Want to see what other hedge funds are holding LNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cheniere Energy, Inc. (NYSE:LNG).

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

What are top analysts saying about Cheniere Energy Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Cheniere Energy Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit