Golar LNG Ltd. (NASDAQ:GLNG) traded down 9.4% during trading on Tuesday . The stock traded as low as $15.12 and last traded at $15.18, with a volume of 986,707 shares. The stock had previously closed at $16.76.

Several equities research analysts have commented on the company. DNB Markets raised Golar LNG from a “hold” rating to a “buy” rating in a report on Friday, July 1st. Sanford C. Bernstein downgraded Golar LNG from a “buy” rating to a “sell” rating and dropped their target price for the stock from $38.00 to $10.00 in a report on Thursday, June 30th. ABN Amro cut Golar LNG from a “buy” rating to a “sell” rating and decreased their price target for the stock from $38.00 to $10.00 in a research note on Thursday, June 30th. Clarkson Capital restated a “buy” rating on shares of Golar LNG in a research note on Friday, June 17th. Finally, Zacks Investment Research cut Golar LNG from a “hold” rating to a “sell” rating in a research note on Wednesday, June 22nd. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $34.80.

The company has a 50 day moving average price of $16.66 and a 200 day moving average price of $17.29. The company’s market capitalization is $1.44 billion.

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 7th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.05 per share. The ex-dividend date is Monday, June 13th. This represents a $0.20 annualized dividend and a yield of 1.28%.

Other hedge funds have bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Golar LNG by 14.9% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,599,472 shares of the company’s stock worth $88,415,000 after buying an additional 725,168 shares during the last quarter. Morgan Stanley boosted its stake in Golar LNG by 153.5% in the fourth quarter. Morgan Stanley now owns 1,713,618 shares of the company’s stock worth $27,058,000 after buying an additional 1,037,709 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in Golar LNG by 5,703.9% in the fourth quarter. BNP Paribas Arbitrage SA now owns 886,898 shares of the company’s stock worth $14,004,000 after buying an additional 871,617 shares during the last quarter. Oceanic Investment Management LTD boosted its stake in Golar LNG by 59.8% in the fourth quarter. Oceanic Investment Management LTD now owns 658,900 shares of the company’s stock worth $10,404,000 after buying an additional 246,500 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its stake in Golar LNG by 16.5% in the fourth quarter. New York State Common Retirement Fund now owns 470,600 shares of the company’s stock worth $7,431,000 after buying an additional 66,500 shares during the last quarter.

Golar LNG Limited (Golar) is the owner and operator of liquefied natural gas (LNG) carriers and floating storage regasification units (FSRUs). As of March 31, 2010, Golar had a fleet of 13 vessels, 10 LNG carriers, three FSRUs and a 50% interest in a further LNG carrier. On June 22, 2009, the Company formed a wholly owned subsidiary, Golar LNG Energy Limited (Golar Energy).

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