Asset Management One Co. Ltd. raised its position in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 12.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 140,681 shares of the energy company’s stock after purchasing an additional 15,067 shares during the quarter. Asset Management One Co. Ltd. owned 0.05% of Cheniere Energy worth $9,627,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of LNG. Geode Capital Management LLC raised its holdings in Cheniere Energy by 9.5% during the fourth quarter. Geode Capital Management LLC now owns 2,024,362 shares of the energy company’s stock worth $119,741,000 after purchasing an additional 174,872 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in Cheniere Energy during the first quarter worth about $205,000. Comerica Bank grew its position in Cheniere Energy by 16.2% during the first quarter. Comerica Bank now owns 11,132 shares of the energy company’s stock worth $747,000 after buying an additional 1,550 shares during the period. Stephens Inc. AR acquired a new position in Cheniere Energy during the first quarter worth about $293,000. Finally, Cetera Advisor Networks LLC grew its position in Cheniere Energy by 7.3% during the first quarter. Cetera Advisor Networks LLC now owns 3,627 shares of the energy company’s stock worth $248,000 after buying an additional 248 shares during the period.
Shares of NYSEAMERICAN LNG traded up $1.32 during midday trading on Friday, reaching $62.66. The company’s stock had a trading volume of 1,679,142 shares, compared to its average volume of 1,777,780. Cheniere Energy, Inc. has a one year low of $55.09 and a one year high of $70.60.
Several analysts have recently commented on LNG shares. Morgan Stanley reiterated an “equal weight” rating and issued a $74.00 price target on shares of Cheniere Energy in a research report on Friday, September 20th. Zacks Investment Research lowered shares of Cheniere Energy from a “hold” rating to a “sell” rating and set a $68.00 target price on the stock. in a research report on Thursday, September 12th. Finally, BTIG Research began coverage on shares of Cheniere Energy in a research report on Tuesday, July 16th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company. Cheniere Energy has a consensus rating of “Buy” and an average price target of $75.43.
About Cheniere Energy
Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns Creole Trail pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines; and operates Corpus Christi pipeline, a 23-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.
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