Cheniere Energy, Inc. (LNG) Shares Bought by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC raised its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 5.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,480 shares of the energy company’s stock after buying an additional 265 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Cheniere Energy were worth $267,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in LNG. Van ECK Associates Corp raised its stake in Cheniere Energy by 21.9% in the first quarter. Van ECK Associates Corp now owns 2,675 shares of the energy company’s stock valued at $126,000 after buying an additional 480 shares during the last quarter. Toronto Dominion Bank raised its stake in Cheniere Energy by 13.9% in the first quarter. Toronto Dominion Bank now owns 3,685 shares of the energy company’s stock valued at $174,000 after buying an additional 449 shares during the last quarter. Fiduciary Trust Co. purchased a new stake in Cheniere Energy in the second quarter valued at about $188,000. Greenwood Capital Associates LLC purchased a new stake in Cheniere Energy in the second quarter valued at about $210,000. Finally, US Bancorp DE raised its stake in Cheniere Energy by 37.4% in the first quarter. US Bancorp DE now owns 4,626 shares of the energy company’s stock valued at $219,000 after buying an additional 1,258 shares during the last quarter.

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A number of equities research analysts have commented on LNG shares. Zacks Investment Research cut Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Scotiabank set a $52.00 price target on Cheniere Energy and gave the company a “buy” rating in a research note on Friday, July 21st. ValuEngine cut Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Morgan Stanley cut Cheniere Energy from an “overweight” rating to an “equal weight” rating and set a $50.00 price target for the company. in a research note on Tuesday, June 13th. Finally, BidaskClub cut Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $54.08.

Cheniere Energy, Inc. (NYSE LNG) opened at 42.49 on Tuesday. The stock has a 50 day moving average price of $43.16 and a 200-day moving average price of $46.20. The firm’s market capitalization is $9.88 billion. Cheniere Energy, Inc. has a one year low of $35.07 and a one year high of $51.41.

In related news, CFO Michael J. Wortley purchased 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were purchased at an average price of $41.96 per share, for a total transaction of $209,800.00. Following the transaction, the chief financial officer now directly owns 433,830 shares of the company’s stock, valued at approximately $18,203,506.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Sean N. Markowitz purchased 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average price of $42.10 per share, for a total transaction of $42,100.00. Following the transaction, the general counsel now directly owns 10,022 shares in the company, valued at $421,926.20. The disclosure for this purchase can be found here.

Cheniere Energy Company 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.

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

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