Cheniere Energy, Inc. (LNG) Shares Sold by Quantitative Systematic Strategies LLC

Quantitative Systematic Strategies LLC lowered its stake in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 34.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,239 shares of the energy company’s stock after selling 7,006 shares during the quarter. Quantitative Systematic Strategies LLC’s holdings in Cheniere Energy were worth $905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in LNG. Standard Life Aberdeen plc boosted its stake in Cheniere Energy by 1.7% during the fourth quarter. Standard Life Aberdeen plc now owns 11,110 shares of the energy company’s stock worth $651,000 after acquiring an additional 186 shares in the last quarter. Fiduciary Trust Co. lifted its stake in shares of Cheniere Energy by 5.3% in the fourth quarter. Fiduciary Trust Co. now owns 4,000 shares of the energy company’s stock worth $237,000 after buying an additional 200 shares in the last quarter. Pillar Pacific Capital Management LLC lifted its stake in shares of Cheniere Energy by 0.3% in the fourth quarter. Pillar Pacific Capital Management LLC now owns 70,998 shares of the energy company’s stock worth $4,202,000 after buying an additional 225 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Cheniere Energy by 4.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,388 shares of the energy company’s stock worth $378,000 after buying an additional 268 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in shares of Cheniere Energy by 1.1% in the fourth quarter. State of Alaska Department of Revenue now owns 27,283 shares of the energy company’s stock worth $1,614,000 after buying an additional 289 shares in the last quarter.

Several research analysts have recently issued reports on the stock. Evercore ISI began coverage on shares of Cheniere Energy in a research note on Tuesday, March 12th. They issued an “outperform” rating on the stock. Goldman Sachs Group raised shares of Cheniere Energy from a “neutral” rating to a “buy” rating in a report on Wednesday, January 2nd. Scotiabank started coverage on shares of Cheniere Energy in a report on Friday, February 8th. They set an “outperform” rating for the company. Finally, UBS Group started coverage on shares of Cheniere Energy in a report on Thursday, January 3rd. They set a “buy” rating and a $72.00 target price for the company. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $77.17.

LNG stock opened at $65.67 on Wednesday. Cheniere Energy, Inc. has a 52 week low of $55.09 and a 52 week high of $71.03.

Cheniere Energy (NYSEAMERICAN:LNG) last released its quarterly earnings data on Tuesday, February 26th. The energy company reported $0.26 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.10). The business had revenue of $2.38 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same period in the prior year, the business earned $0.54 EPS. The firm’s revenue was up 36.5% compared to the same quarter last year.

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

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