Achmea Investment Management B.V. Buys Shares of 8,035 Cheniere Energy, Inc. (LNG)

Achmea Investment Management B.V. bought a new position in Cheniere Energy, Inc. (NYSE:LNG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 8,035 shares of the energy company’s stock, valued at approximately $391,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Cheniere Energy by 3.8% during the 2nd quarter. Vanguard Group Inc. now owns 17,633,858 shares of the energy company’s stock valued at $858,946,000 after acquiring an additional 653,176 shares during the period. FMR LLC grew its stake in shares of Cheniere Energy by 482.7% during the 2nd quarter. FMR LLC now owns 6,741,287 shares of the energy company’s stock valued at $328,368,000 after acquiring an additional 5,584,446 shares during the period. Steadfast Capital Management LP boosted its stake in Cheniere Energy by 44.2% in the 2nd quarter. Steadfast Capital Management LP now owns 2,741,466 shares of the energy company’s stock worth $133,537,000 after purchasing an additional 839,724 shares during the period. Macquarie Group Ltd. boosted its stake in Cheniere Energy by 26.8% in the 2nd quarter. Macquarie Group Ltd. now owns 2,474,425 shares of the energy company’s stock worth $120,529,000 after purchasing an additional 522,600 shares during the period. Finally, Balyasny Asset Management LLC boosted its stake in Cheniere Energy by 47.9% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,518,104 shares of the energy company’s stock worth $73,947,000 after purchasing an additional 491,678 shares during the period.

Shares of Cheniere Energy, Inc. (NYSE:LNG) traded up $0.12 during trading hours on Friday, hitting $49.75. The stock had a trading volume of 1,579,292 shares, compared to its average volume of 2,170,000. Cheniere Energy, Inc. has a 1 year low of $35.07 and a 1 year high of $51.51.

In other Cheniere Energy news, General Counsel Sean N. Markowitz bought 1,000 shares of Cheniere Energy stock in a transaction on Wednesday, August 16th. The shares were bought at an average price of $42.10 per share, for a total transaction of $42,100.00. Following the completion of the transaction, the general counsel now directly owns 10,022 shares of the company’s stock, valued at $421,926.20. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jack A. Fusco bought 23,750 shares of Cheniere Energy stock in a transaction on Monday, September 11th. The stock was acquired at an average price of $42.32 per share, for a total transaction of $1,005,100.00. Following the transaction, the insider now directly owns 399,985 shares of the company’s stock, valued at $16,927,365.20. The disclosure for this purchase can be found here. Insiders bought 29,750 shares of company stock valued at $1,257,000 over the last 90 days.

Several research firms have weighed in on LNG. BidaskClub upgraded Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Saturday, November 4th. Zacks Investment Research downgraded Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Scotiabank restated a “buy” rating and set a $52.00 price target on shares of Cheniere Energy in a report on Wednesday, October 25th. ValuEngine lowered Cheniere Energy from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Finally, BMO Capital Markets started coverage on Cheniere Energy in a research note on Monday, September 25th. They issued an “outperform” rating and a $60.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. Cheniere Energy currently has a consensus rating of “Buy” and an average target price of $52.61.

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Cheniere Energy Profile

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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