Cheniere Energy, Inc. (LNG) Stake Increased by Kingfisher Capital LLC

Kingfisher Capital LLC grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,644 shares of the energy company’s stock after acquiring an additional 155 shares during the period. Cheniere Energy comprises about 1.1% of Kingfisher Capital LLC’s investment portfolio, making the stock its 28th biggest holding. Kingfisher Capital LLC’s holdings in Cheniere Energy were worth $1,688,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Atria Investments LLC grew its stake in shares of Cheniere Energy by 0.4% during the second quarter. Atria Investments LLC now owns 6,804 shares of the energy company’s stock valued at $331,000 after acquiring an additional 24 shares in the last quarter. Sii Investments Inc. WI grew its stake in shares of Cheniere Energy by 0.7% during the second quarter. Sii Investments Inc. WI now owns 9,424 shares of the energy company’s stock valued at $461,000 after acquiring an additional 66 shares in the last quarter. Pointe Capital Management LLC grew its stake in shares of Cheniere Energy by 0.5% during the second quarter. Pointe Capital Management LLC now owns 15,055 shares of the energy company’s stock valued at $733,000 after acquiring an additional 76 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Cheniere Energy by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 14,532 shares of the energy company’s stock valued at $708,000 after acquiring an additional 79 shares in the last quarter. Finally, Proficio Capital Partners LLC grew its stake in shares of Cheniere Energy by 2.1% during the second quarter. Proficio Capital Partners LLC now owns 5,060 shares of the energy company’s stock valued at $228,000 after acquiring an additional 102 shares in the last quarter.

Shares of Cheniere Energy, Inc. (LNG) traded up 0.75% during trading on Thursday, hitting $46.85. 709,892 shares of the stock traded hands. Cheniere Energy, Inc. has a one year low of $35.07 and a one year high of $51.41. The firm has a 50 day moving average price of $43.88 and a 200-day moving average price of $45.98. The company’s market cap is $10.89 billion.

Several analysts have recently weighed in on LNG shares. Scotiabank set a $52.00 target price on Cheniere Energy and gave the company a “buy” rating in a research note on Friday, July 21st. BidaskClub cut shares of Cheniere Energy from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. BMO Capital Markets started coverage on shares of Cheniere Energy in a research report on Monday, September 25th. They set an “outperform” rating and a $60.00 price target on the stock. Zacks Investment Research raised shares of Cheniere Energy from a “hold” rating to a “strong-buy” rating and set a $56.00 price target on the stock in a research report on Tuesday, July 4th. Finally, ValuEngine cut shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $54.82.

In related news, insider Jack A. Fusco acquired 23,750 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were bought at an average price of $42.32 per share, for a total transaction of $1,005,100.00. Following the acquisition, the insider now owns 399,985 shares in the company, valued at approximately $16,927,365.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Michael J. Wortley acquired 5,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were bought at an average price of $41.96 per share, for a total transaction of $209,800.00. Following the acquisition, the chief financial officer now owns 433,830 shares in the company, valued at approximately $18,203,506.80. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 29,750 shares of company stock worth $1,257,000.

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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.

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

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