Shares of Golar LNG Ltd. (NASDAQ:GLNG) were up 5.7% during trading on Friday . The stock traded as high as $16.11 and last traded at $16.09, with a volume of 1,028,953 shares traded. The stock had previously closed at $15.22.

Several analysts recently commented on GLNG shares. Zacks Investment Research cut shares of Golar LNG from a “hold” rating to a “sell” rating in a report on Tuesday, March 22nd. Jefferies Group upgraded shares of Golar LNG from a “hold” rating to a “buy” rating and raised their price target for the stock from $19.00 to $39.00 in a report on Friday, April 22nd. DNB Markets cut shares of Golar LNG from a “buy” rating to a “hold” rating in a report on Friday, April 29th. Stifel Nicolaus restated a “buy” rating on shares of Golar LNG in a report on Saturday, April 30th. Finally, Credit Suisse Group AG upgraded shares of Golar LNG from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $20.00 to $30.00 in a report on Monday, May 9th. Four 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. The company currently has a consensus rating of “Hold” and an average target price of $34.80.

The firm has a 50-day moving average of $16.58 and a 200-day moving average of $17.28. The stock’s market cap is $1.43 billion.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 7th. Stockholders of record on Wednesday, June 15th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, June 13th. This represents a $0.20 annualized dividend and a dividend yield of 1.26%.

Other large investors have recently added to or reduced their stakes in the company. Quantitative Investment Management LLC increased its stake in Golar LNG by 65.7% in the fourth quarter. Quantitative Investment Management LLC now owns 97,900 shares of the company’s stock valued at $1,545,000 after buying an additional 38,800 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in Golar LNG by 9.8% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 100,683 shares of the company’s stock valued at $1,590,000 after buying an additional 8,948 shares in the last quarter. Trexquant Investment LP purchased a new stake in Golar LNG during the fourth quarter valued at approximately $1,924,000. California State Teachers Retirement System increased its stake in Golar LNG by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 171,975 shares of the company’s stock valued at $2,715,000 after buying an additional 2,917 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its stake in Golar LNG by 57.1% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 244,023 shares of the company’s stock valued at $3,853,000 after buying an additional 88,691 shares in 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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