Cheniere Energy, Inc. (LNG) Position Boosted by Forsta AP Fonden

Forsta AP Fonden increased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 31.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 235,200 shares of the energy company’s stock after buying an additional 55,900 shares during the quarter. Forsta AP Fonden owned about 0.10% of Cheniere Energy worth $10,593,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Cheniere Energy by 3.8% during the second quarter. Vanguard Group Inc. now owns 17,633,858 shares of the energy company’s stock worth $858,946,000 after acquiring an additional 653,176 shares during the last quarter. FMR LLC increased its stake in Cheniere Energy by 482.7% during the second quarter. FMR LLC now owns 6,741,287 shares of the energy company’s stock worth $328,368,000 after acquiring an additional 5,584,446 shares during the last quarter. Steadfast Capital Management LP increased its stake in Cheniere Energy by 44.2% during the second quarter. Steadfast Capital Management LP now owns 2,741,466 shares of the energy company’s stock worth $133,537,000 after acquiring an additional 839,724 shares during the last quarter. Macquarie Group Ltd. increased its stake in Cheniere Energy by 26.8% during the second quarter. Macquarie Group Ltd. now owns 2,474,425 shares of the energy company’s stock worth $120,529,000 after acquiring an additional 522,600 shares during the last quarter. Finally, Brookfield Asset Management Inc. increased its stake in Cheniere Energy by 43.3% during the second quarter. Brookfield Asset Management Inc. now owns 1,873,390 shares of the energy company’s stock worth $91,253,000 after acquiring an additional 566,100 shares during the last quarter.

In other Cheniere Energy news, insider Jack A. Fusco acquired 23,750 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The shares were bought at an average price of $42.32 per share, with a total value of $1,005,100.00. Following the completion of the acquisition, the insider now owns 399,985 shares in the company, valued at approximately $16,927,365.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Sean N. Markowitz acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was acquired at an average cost of $42.10 per share, for a total transaction of $42,100.00. Following the acquisition, the general counsel now owns 10,022 shares of the company’s stock, valued at approximately $421,926.20. The disclosure for this purchase can be found here. In the last three months, insiders purchased 29,750 shares of company stock worth $1,257,000.

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Cheniere Energy, Inc. (NYSE:LNG) traded up $1.62 during mid-day trading on Friday, hitting $48.96. The stock had a trading volume of 2,722,377 shares, compared to its average volume of 2,160,000. Cheniere Energy, Inc. has a fifty-two week low of $35.07 and a fifty-two week high of $51.41.

Several equities research analysts have commented on the company. BidaskClub upgraded Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Zacks Investment Research lowered Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Scotiabank restated a “buy” rating and set a $52.00 price target on shares of Cheniere Energy in a research note on Wednesday, October 25th. ValuEngine lowered Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Finally, BMO Capital Markets assumed coverage on Cheniere Energy in a research note on Monday, September 25th. They set an “outperform” rating and a $60.00 price target for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. Cheniere Energy currently has an average rating of “Buy” and a consensus price target 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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