Aperio Group LLC lifted its position in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,024 shares of the energy company’s stock after acquiring an additional 1,668 shares during the period. Aperio Group LLC’s holdings in Cheniere Energy were worth $5,352,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. FMR LLC grew its position in Cheniere Energy by 9.1% in the 2nd quarter. FMR LLC now owns 14,503,528 shares of the energy company’s stock worth $945,486,000 after purchasing an additional 1,215,014 shares during the period. Tortoise Capital Advisors L.L.C. grew its position in Cheniere Energy by 6.8% in the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 6,398,923 shares of the energy company’s stock worth $417,146,000 after purchasing an additional 404,683 shares during the period. Senator Investment Group LP bought a new stake in Cheniere Energy in the 2nd quarter worth approximately $195,570,000. Millennium Management LLC grew its position in Cheniere Energy by 22.9% in the 2nd quarter. Millennium Management LLC now owns 2,429,696 shares of the energy company’s stock worth $158,392,000 after purchasing an additional 452,718 shares during the period. Finally, Renaissance Technologies LLC grew its position in Cheniere Energy by 82.4% in the 2nd quarter. Renaissance Technologies LLC now owns 1,649,800 shares of the energy company’s stock worth $107,550,000 after purchasing an additional 745,163 shares during the period.
Shares of NYSEAMERICAN LNG opened at $60.41 on Thursday. Cheniere Energy, Inc. has a 12-month low of $46.00 and a 12-month high of $71.03.
A number of equities research analysts have recently issued reports on LNG shares. US Capital Advisors reissued a “buy” rating on shares of Cheniere Energy in a research report on Tuesday, July 17th. Goldman Sachs Group started coverage on shares of Cheniere Energy in a research report on Monday, October 8th. They set a “neutral” rating and a $77.00 price objective for the company. Bank of America reissued a “buy” rating and set a $79.00 price objective on shares of Cheniere Energy in a research report on Tuesday, August 28th. Morgan Stanley raised shares of Cheniere Energy from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $70.00 to $80.00 in a research report on Wednesday, September 26th. Finally, Barclays set a $78.00 price objective on shares of Cheniere Energy and gave the company a “buy” rating in a research report on Friday, October 12th. Three investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $71.75.
In related news, Director David B. Kilpatrick sold 15,000 shares of the company’s stock in a transaction dated Thursday, September 27th. The shares were sold at an average price of $68.88, for a total transaction of $1,033,200.00. Following the transaction, the director now directly owns 4,397 shares in the company, valued at approximately $302,865.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
About Cheniere Energy
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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