4,150 Shares in Cheniere Energy, Inc. (LNG) Purchased by New England Research & Management Inc.

New England Research & Management Inc. acquired a new position in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,150 shares of the energy company’s stock, valued at approximately $284,000.

Other hedge funds also recently bought and sold shares of the company. Standard Life Aberdeen plc lifted its position in Cheniere Energy by 1.7% during the 4th quarter. Standard Life Aberdeen plc now owns 11,110 shares of the energy company’s stock worth $651,000 after buying an additional 186 shares in the last quarter. Fiduciary Trust Co. lifted its position in Cheniere Energy by 5.3% during the 4th 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 position in Cheniere Energy by 0.3% during the 4th 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 position in Cheniere Energy by 4.4% during the 4th 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 position in Cheniere Energy by 1.1% during the 4th 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.

LNG traded up $0.49 on Friday, reaching $65.41. The company had a trading volume of 1,363,200 shares, compared to its average volume of 1,687,414. Cheniere Energy, Inc. has a fifty-two week low of $55.09 and a fifty-two week high of $71.03.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its earnings results on Tuesday, February 26th. The energy company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.10). The business had revenue of $2.38 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the previous year, the firm posted $0.54 EPS. The firm’s quarterly revenue was up 36.5% on a year-over-year basis.

A number of brokerages have recently issued reports on LNG. UBS Group began coverage on shares of Cheniere Energy in a report on Thursday, January 3rd. They issued a “buy” rating and a $72.00 target price on the stock. Scotiabank began coverage on shares of Cheniere Energy in a report on Friday, February 8th. 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. Finally, Evercore ISI began coverage on shares of Cheniere Energy in a report on Tuesday, March 12th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Cheniere Energy currently has a consensus rating of “Buy” and an average target price of $77.17.

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Cheniere Energy Profile

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.

Further Reading: Certificate of Deposit (CD)

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

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