Parametric Portfolio Associates LLC Lowers Holdings in Cheniere Energy, Inc. (LNG)

Parametric Portfolio Associates LLC lowered its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 15.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 248,664 shares of the energy company’s stock after selling 44,989 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.11% of Cheniere Energy worth $12,112,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Cbre Clarion Securities LLC lifted its position in Cheniere Energy by 41.2% during the 2nd quarter. Cbre Clarion Securities LLC now owns 81,085 shares of the energy company’s stock worth $3,950,000 after acquiring an additional 23,675 shares during the period. Bluestein R H & Co. increased its stake in shares of Cheniere Energy by 6.3% in the 2nd quarter. Bluestein R H & Co. now owns 8,500 shares of the energy company’s stock valued at $414,000 after purchasing an additional 500 shares in the last quarter. Quantbot Technologies LP increased its stake in shares of Cheniere Energy by 1,060.0% in the 2nd quarter. Quantbot Technologies LP now owns 8,955 shares of the energy company’s stock valued at $436,000 after purchasing an additional 8,183 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of Cheniere Energy by 6.8% in the 2nd quarter. California Public Employees Retirement System now owns 417,100 shares of the energy company’s stock valued at $20,317,000 after purchasing an additional 26,400 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in shares of Cheniere Energy by 3.3% in the 2nd quarter. MML Investors Services LLC now owns 8,855 shares of the energy company’s stock valued at $431,000 after purchasing an additional 280 shares in the last quarter.

In related news, insider Jack A. Fusco bought 23,750 shares of the company’s stock in a transaction dated Monday, September 11th. The stock was bought at an average price of $42.32 per share, with a total value of $1,005,100.00. Following the transaction, the insider now owns 399,985 shares of the company’s stock, valued at $16,927,365.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Sean N. Markowitz bought 1,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was bought at an average cost of $42.10 per share, with a total value of $42,100.00. Following the transaction, the general counsel now directly owns 10,022 shares in the company, valued at approximately $421,926.20. The disclosure for this purchase can be found here. Insiders bought a total of 29,750 shares of company stock valued at $1,257,000 in the last three months.

Several equities analysts recently weighed in on the company. BidaskClub upgraded Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. BMO Capital Markets began coverage on Cheniere Energy in a report on Monday, September 25th. They set an “outperform” rating and a $60.00 target price on the stock. Morgan Stanley cut Cheniere Energy from an “overweight” rating to an “equal weight” rating and set a $50.00 target price on the stock. in a report on Tuesday, June 13th. Scotiabank set a $52.00 target price on Cheniere Energy and gave the stock a “buy” rating in a report on Friday, July 21st. Finally, ValuEngine cut Cheniere Energy from a “hold” rating to a “sell” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. Cheniere Energy has an average rating of “Buy” and a consensus target price of $54.82.

Cheniere Energy, Inc. (LNG) opened at 46.33 on Wednesday. The stock’s market cap is $10.77 billion. Cheniere Energy, Inc. has a one year low of $35.07 and a one year high of $51.41. The firm’s 50 day moving average price is $43.73 and i

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Cbre Clarion Securities LLC lifted its position in Cheniere Energy by 41.2% during the 2nd quarter. Cbre Clarion Securities LLC now owns 81,085 shares of the energy company’s stock worth $3,950,000 after acquiring an additional 23,675 shares during the period. Bluestein R H & Co. increased its stake in shares of Cheniere Energy by 6.3% in the 2nd quarter. Bluestein R H & Co. now owns 8,500 shares of the energy company’s stock valued at $414,000 after purchasing an additional 500 shares in the last quarter. Quantbot Technologies LP increased its stake in shares of Cheniere Energy by 1,060.0% in the 2nd quarter. Quantbot Technologies LP now owns 8,955 shares of the energy company’s stock valued at $436,000 after purchasing an additional 8,183 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of Cheniere Energy by 6.8% in the 2nd quarter. California Public Employees Retirement System now owns 417,100 shares of the energy company’s stock valued at $20,317,000 after purchasing an additional 26,400 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in shares of Cheniere Energy by 3.3% in the 2nd quarter. MML Investors Services LLC now owns 8,855 shares of the energy company’s stock valued at $431,000 after purchasing an additional 280 shares in the last quarter.

In related news, insider Jack A. Fusco bought 23,750 shares of the company’s stock in a transaction dated Monday, September 11th. The stock was bought at an average price of $42.32 per share, with a total value of $1,005,100.00. Following the transaction, the insider now owns 399,985 shares of the company’s stock, valued at $16,927,365.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Sean N. Markowitz bought 1,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was bought at an average cost of $42.10 per share, with a total value of $42,100.00. Following the transaction, the general counsel now directly owns 10,022 shares in the company, valued at approximately $421,926.20. The disclosure for this purchase can be found here. Insiders bought a total of 29,750 shares of company stock valued at $1,257,000 in the last three months.

Several equities analysts recently weighed in on the company. BidaskClub upgraded Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. BMO Capital Markets began coverage on Cheniere Energy in a report on Monday, September 25th. They set an “outperform” rating and a $60.00 target price on the stock. Morgan Stanley cut Cheniere Energy from an “overweight” rating to an “equal weight” rating and set a $50.00 target price on the stock. in a report on Tuesday, June 13th. Scotiabank set a $52.00 target price on Cheniere Energy and gave the stock a “buy” rating in a report on Friday, July 21st. Finally, ValuEngine cut Cheniere Energy from a “hold” rating to a “sell” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. Cheniere Energy has an average rating of “Buy” and a consensus target price of $54.82.

Cheniere Energy, Inc. (LNG) opened at 46.33 on Wednesday. The stock’s market cap is $10.77 billion. Cheniere Energy, Inc. has a one year low of $35.07 and a one year high of $51.41. The firm’s 50 day moving average price is $43.73 and its 200 day moving average price is $45.97.

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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.

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

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