Cheniere Energy (LNG) : Bp Capital Fund Advisors scooped up 186,816 additional shares in Cheniere Energy during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 270,108 shares of Cheniere Energy which is valued at $11,611,943.Cheniere Energy makes up approximately 4.40% of Bp Capital Fund Advisors’s portfolio.
Other Hedge Funds, Including , Transamerica Financial Advisors sold out all of its stake in LNG during the most recent quarter. The investment firm sold 3,000 shares of LNG which is valued $128,970.Proshare Advisors reduced its stake in LNG by selling 4,442 shares or 18.49% in the most recent quarter. The Hedge Fund company now holds 19,582 shares of LNG which is valued at $841,830. Cheniere Energy makes up approx 0.01% of Proshare Advisors’s portfolio. Baird Financial Group added LNG to its portfolio by purchasing 12,174 company shares during the most recent quarter which is valued at $523,360.Integrated Wealth Management reduced its stake in LNG by selling 100 shares or 11.27% in the most recent quarter. The Hedge Fund company now holds 787 shares of LNG which is valued at $32,094. Cheniere Energy makes up approx 0.01% of Integrated Wealth Management’s portfolio.
Cheniere Energy closed down -0.23 points or -0.54% at $42.67 with 14,69,499 shares getting traded on Thursday. Post opening the session at $42.64, the shares hit an intraday low of $42.37 and an intraday high of $43.39 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Cheniere Energy reported $-0.61 EPS for the quarter, missing the analyst consensus estimate by $ -0.12 based on the information available during the earnings call on Aug 9, 2016. Analyst had a consensus of $-0.49. The company had revenue of $176.80 million for the quarter, compared to analysts expectations of $64.08 million. The company’s revenue was up 160.0% compared to the same quarter last year.
Many Wall Street Analysts have commented on Cheniere Energy. Shares were Reiterated by Barclays on Sep 6, 2016 to “Overweight” and Lowered the Price Target to $ 53 from a previous price target of $64 .Scotia Howard Weil Upgraded Cheniere Energy on Jun 14, 2016 to ” Sector Outperform”, Price Target of the shares are set at $52.
Cheniere Energy Inc. is an energy company engaged in Liquefied natural gas (LNG) businesses. The Company operates through two segments: LNG terminal business and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners L.P. (Cheniere Partners) which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings LLC (Cheniere Holdings) which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish Louisiana and the Corpus Christi LNG terminal near Corpus Christi Texas.