LS Investment Advisors LLC maintained its stake in Cheniere Energy, Inc. (NYSE:LNG) during the second quarter, Holdings Channel reports. The institutional investor owned 2,712 shares of the energy company’s stock at the end of the second quarter. LS Investment Advisors LLC’s holdings in Cheniere Energy were worth $132,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in Cheniere Energy by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 480,759 shares of the energy company’s stock valued at $19,922,000 after buying an additional 5,561 shares during the last quarter. Guggenheim Capital LLC increased its stake in Cheniere Energy by 11.6% in the fourth quarter. Guggenheim Capital LLC now owns 23,411 shares of the energy company’s stock valued at $970,000 after buying an additional 2,434 shares during the last quarter. AQR Capital Management LLC bought a new stake in Cheniere Energy during the fourth quarter valued at approximately $339,000. Teachers Advisors LLC increased its stake in Cheniere Energy by 6.8% in the fourth quarter. Teachers Advisors LLC now owns 303,582 shares of the energy company’s stock valued at $12,577,000 after buying an additional 19,230 shares during the last quarter. Finally, Gulf International Bank UK Ltd increased its stake in Cheniere Energy by 0.7% in the first quarter. Gulf International Bank UK Ltd now owns 67,260 shares of the energy company’s stock valued at $3,179,000 after buying an additional 500 shares during the last quarter.

Cheniere Energy, Inc. (NYSE LNG) traded up 3.36% during midday trading on Friday, reaching $42.49. The company had a trading volume of 1,254,244 shares. The firm’s market capitalization is $9.88 billion. The stock’s 50 day moving average is $46.33 and its 200 day moving average is $47.03. Cheniere Energy, Inc. has a 12-month low of $35.07 and a 12-month high of $51.41.

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Several equities research analysts have recently commented on LNG shares. Guggenheim started coverage on Cheniere Energy in a report on Monday, April 17th. They issued a “buy” rating and a $54.00 price objective for the company. Barclays PLC increased their price objective on Cheniere Energy from $53.00 to $58.00 and gave the company an “overweight” rating in a report on Wednesday, April 19th. Zacks Investment Research raised Cheniere Energy from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a report on Wednesday, April 19th. Credit Suisse Group reissued an “outperform” rating and issued a $58.00 price objective (up previously from $55.00) on shares of Cheniere Energy in a report on Saturday, April 22nd. Finally, Morgan Stanley downgraded Cheniere Energy from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective for the company. in a report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $54.08.

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.

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

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