Jane Street Group LLC bought a new stake in Golar LNG Partners LP (NASDAQ:GMLP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,787 shares of the shipping company’s stock, valued at approximately $344,000.
A number of other large investors have also bought and sold shares of GMLP. Credit Suisse AG increased its holdings in Golar LNG Partners by 23.8% in the first quarter. Credit Suisse AG now owns 24,923 shares of the shipping company’s stock valued at $557,000 after buying an additional 4,793 shares during the last quarter. First Trust Advisors LP purchased a new position in Golar LNG Partners in the second quarter valued at $9,812,000. JRM Investment Counsel LLC increased its holdings in Golar LNG Partners by 2.0% in the second quarter. JRM Investment Counsel LLC now owns 156,755 shares of the shipping company’s stock valued at $3,146,000 after buying an additional 3,047 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its holdings in Golar LNG Partners by 12.3% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,655 shares of the shipping company’s stock valued at $113,000 after buying an additional 620 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in Golar LNG Partners by 5.9% in the second quarter. Alliancebernstein L.P. now owns 10,223 shares of the shipping company’s stock valued at $205,000 after buying an additional 572 shares during the last quarter. 46.85% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts have issued reports on GMLP shares. ABN Amro started coverage on Golar LNG Partners in a report on Monday, October 30th. They set a “buy” rating on the stock. Stifel Nicolaus raised Golar LNG Partners from a “hold” rating to a “buy” rating and raised their price objective for the stock from $23.00 to $25.00 in a report on Monday. Zacks Investment Research lowered Golar LNG Partners from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Jefferies Group reaffirmed a “buy” rating and set a $26.00 price objective on shares of Golar LNG Partners in a report on Tuesday, September 26th. Finally, BidaskClub raised Golar LNG Partners from a “sell” rating to a “hold” rating in a report on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $23.75.
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About Golar LNG Partners
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The Company operates through the LNG market segment. The Company’s fleet consists of approximately six FSRUs and over four LNG carriers. The Company’s FSRU vessels include Golar Spirit, Golar Winter, Golar Freeze, NR Satu, Golar Igloo and Golar Eskimo.
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