Federated Investors Inc. PA bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 21,349 shares of the energy company’s stock, valued at approximately $1,040,000.

Other hedge funds have also added to or reduced their stakes in the company. UBS Asset Management Americas Inc. lifted its holdings in shares of Cheniere Energy by 11.1% during the first quarter. UBS Asset Management Americas Inc. now owns 498,879 shares of the energy company’s stock valued at $23,582,000 after purchasing an additional 49,801 shares during the last quarter. Marshall Wace North America L.P. increased its position in shares of Cheniere Energy by 35.0% during the second quarter. Marshall Wace North America L.P. now owns 57,504 shares of the energy company’s stock valued at $2,818,000 after acquiring an additional 14,893 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Cheniere Energy by 23.2% during the second quarter. BNP Paribas Arbitrage SA now owns 42,905 shares of the energy company’s stock valued at $2,090,000 after acquiring an additional 8,088 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of Cheniere Energy during the first quarter valued at approximately $341,000. Finally, State of Alaska Department of Revenue increased its position in shares of Cheniere Energy by 135.3% during the second quarter. State of Alaska Department of Revenue now owns 7,095 shares of the energy company’s stock valued at $345,000 after acquiring an additional 4,080 shares in the last quarter.

In related news, insider Jack A. Fusco purchased 23,750 shares of the business’s stock in a transaction on Monday, September 11th. The shares were acquired at an average price of $42.32 per share, for a total transaction of $1,005,100.00. Following the purchase, the insider now owns 399,985 shares of the company’s stock, valued at approximately $16,927,365.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Sean N. Markowitz purchased 1,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The shares were bought at an average price of $42.10 per share, for a total transaction of $42,100.00. Following the purchase, the general counsel now directly owns 10,022 shares in the company, valued at approximately $421,926.20. The disclosure for this purchase can be found here. Insiders have purchased 29,750 shares of company stock valued at $1,257,000 in the last three months.

Several equities research analysts recently weighed in on the stock. BidaskClub downgraded shares of Cheniere Energy from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. Morgan Stanley downgraded shares of Cheniere Energy from an “overweight” rating to an “equal weight” rating and set a $50.00 price target for the company. in a research report on Tuesday, June 13th. ValuEngine downgraded shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Scotiabank set a $52.00 price target on shares of Cheniere Energy and gave the company a “buy” rating in a research report on Friday, July 21st. Finally, Zacks Investment Research raised shares of Cheniere Energy from a “hold” rating to a “strong-buy” rating and set a $56.00 price target for the company in a research report on Tuesday, July 4th. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. Cheniere Energy has an average rating of “Hold” and a consensus target price of $54.08.

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Shares of Cheniere Energy, Inc. (NYSE LNG) opened at 43.62 on Friday. The company’s 50 day moving average is $42.81 and its 200 day moving average is $46.05. Cheniere Energy, Inc. has a 12 month low of $35.07 and a 12 month high of $51.41. The company’s market cap is $10.14 billion.

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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