Golar LNG Ltd. (NASDAQ:GLNG) was down 2.6% during mid-day trading on Monday . The company traded as low as $19.45 and last traded at $19.79, with a volume of 524,099 shares changing hands. The stock had previously closed at $20.31.

A number of equities research analysts recently issued reports on GLNG shares. DNB Markets raised shares of Golar LNG from a “hold” rating to a “buy” rating in a report on Friday, July 1st. Clarkson Capital reaffirmed a “buy” rating on shares of Golar LNG in a research note on Friday, June 17th. Wells Fargo & Co. reaffirmed a “buy” rating on shares of Golar LNG in a research note on Tuesday, May 31st. Jefferies Group reaffirmed a “buy” rating on shares of Golar LNG in a research note on Wednesday, June 1st. Finally, Nordea Equity Research raised shares of Golar LNG from a “hold” rating to a “buy” rating in a research note on Wednesday, June 1st. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $32.56.

The stock’s market cap is $1.86 billion. The firm’s 50 day moving average is $17.50 and its 200 day moving average is $17.71.

A number of hedge funds and institutional investors have recently made changes to their positions in GLNG. Trexquant Investment LP purchased a new position in shares of Golar LNG during the fourth quarter valued at $1,924,000. BNP Paribas Arbitrage SA increased its position in shares of Golar LNG by 5,703.9% in the fourth quarter. BNP Paribas Arbitrage SA now owns 886,898 shares of the company’s stock valued at $14,004,000 after buying an additional 871,617 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of Golar LNG by 153.5% in the fourth quarter. Morgan Stanley now owns 1,713,618 shares of the company’s stock valued at $27,058,000 after buying an additional 1,037,709 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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