Cheniere Energy, Inc. (LNG) Stake Raised by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. lifted its position in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,400 shares of the energy company’s stock after buying an additional 1,000 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Cheniere Energy were worth $1,681,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in LNG. Altshuler Shaham Ltd lifted its holdings in shares of Cheniere Energy by 53.2% in the fourth quarter. Altshuler Shaham Ltd now owns 1,700 shares of the energy company’s stock worth $27,000 after buying an additional 590 shares in the last quarter. First Manhattan Co. purchased a new stake in shares of Cheniere Energy in the fourth quarter worth about $29,000. Capital Investment Advisory Services LLC purchased a new stake in shares of Cheniere Energy in the fourth quarter worth about $41,000. Semmax Financial Advisors Inc. purchased a new stake in shares of Cheniere Energy in the fourth quarter worth about $42,000. Finally, We Are One Seven LLC purchased a new stake in shares of Cheniere Energy in the fourth quarter worth about $66,000.

In related news, Director Vicky A. Bailey sold 2,567 shares of the firm’s stock in a transaction on Wednesday, December 26th. The stock was sold at an average price of $55.90, for a total value of $143,495.30. Following the completion of the sale, the director now owns 37,273 shares of the company’s stock, valued at $2,083,560.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Several research firms recently weighed in on LNG. UBS Group began coverage on shares of Cheniere Energy in a research report on Thursday, January 3rd. They issued a “buy” rating and a $72.00 price objective on the stock. Guggenheim restated a “buy” rating and issued a $85.00 price objective on shares of Cheniere Energy in a research report on Tuesday, December 4th. Evercore ISI began coverage on shares of Cheniere Energy in a research report on Tuesday. They issued an “outperform” rating on the stock. Scotiabank began coverage on shares of Cheniere Energy in a research report on Friday, February 8th. They issued an “outperform” rating on the stock. Finally, Citigroup decreased their price objective on shares of Cheniere Energy from $73.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, November 29th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Cheniere Energy currently has an average rating of “Buy” and an average price target of $76.08.

Shares of NYSEAMERICAN LNG opened at $69.19 on Friday. Cheniere Energy, Inc. has a one year low of $51.54 and a one year high of $71.03.

Cheniere Energy (NYSEAMERICAN:LNG) last issued its earnings results on Tuesday, February 26th. The energy company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.06). The firm had revenue of $2.38 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter last year, the company earned $0.54 EPS. The business’s revenue was up 36.5% on a year-over-year basis.

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Cheniere Energy Company Profile

Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company operates in two segments, LNG Terminal Business, and LNG and Natural Gas Marketing. It owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas.

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

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