Freestone Capital Holdings LLC acquired a new stake in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) during the first quarter, HoldingsChannel reports. The firm acquired 63,698 shares of the energy company’s stock, valued at approximately $4,354,000.

Other hedge funds also recently modified their holdings of the company. National Pension Service raised its holdings in shares of Cheniere Energy by 6.3% in the fourth quarter. National Pension Service now owns 253,700 shares of the energy company’s stock worth $16,744,000 after buying an additional 15,000 shares during the period. New England Research & Management Inc. bought a new position in Cheniere Energy in the first quarter worth approximately $284,000. First Manhattan Co. bought a new position in Cheniere Energy in the fourth quarter worth approximately $29,000. Executive Wealth Management LLC bought a new position in Cheniere Energy in the fourth quarter worth approximately $124,000. Finally, Exchange Capital Management Inc. grew its stake in Cheniere Energy by 32.1% in the first quarter. Exchange Capital Management Inc. now owns 9,544 shares of the energy company’s stock worth $652,000 after purchasing an additional 2,319 shares in the last quarter.

Shares of NYSEAMERICAN LNG opened at $64.89 on Friday. Cheniere Energy, Inc. has a 12-month low of $55.09 and a 12-month high of $71.03.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its earnings results on Thursday, May 9th. The energy company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.25. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $1.90 billion. The firm’s revenue was up .8% compared to the same quarter last year. During the same period last year, the business posted $1.50 EPS.

Several research analysts recently issued reports on the company. Gabelli assumed coverage on Cheniere Energy in a research note on Monday, May 13th. They issued a “buy” rating on the stock. Scotiabank assumed coverage on Cheniere Energy in a research report on Friday, February 8th. They set an “outperform” rating on the stock. Finally, Evercore ISI assumed coverage on Cheniere Energy in a research report on Tuesday, March 12th. They set an “outperform” rating on the stock. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $78.10.

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Cheniere Energy Profile

Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns Creole Trail pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines; and operates Corpus Christi pipeline, a 23-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.

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

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