Westwood Holdings Group Inc. continued to hold its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,083 shares of the energy company’s stock at the close of the 2nd quarter. Westwood Holdings Group Inc.’s holdings in Cheniere Energy were worth $637,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in LNG. Nomura Holdings Inc. purchased a new position in Cheniere Energy during the 2nd quarter valued at about $449,000. Raymond James Financial Services Advisors Inc. grew its holdings in Cheniere Energy by 0.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 14,532 shares of the energy company’s stock valued at $708,000 after buying an additional 79 shares in the last quarter. Tower Research Capital LLC TRC purchased a new position in Cheniere Energy during the 2nd quarter valued at about $121,000. The Manufacturers Life Insurance Company grew its holdings in Cheniere Energy by 8.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,492 shares of the energy company’s stock valued at $462,000 after buying an additional 733 shares in the last quarter. Finally, Steadfast Capital Management LP grew its holdings in Cheniere Energy by 44.2% during the 2nd quarter. Steadfast Capital Management LP now owns 2,741,466 shares of the energy company’s stock valued at $133,537,000 after buying an additional 839,724 shares in the last quarter.

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LNG has been the subject of a number of recent analyst reports. Zacks Investment Research lowered Cheniere Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 19th. BidaskClub raised Cheniere Energy from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 6th. ValuEngine lowered Cheniere Energy from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Scotiabank set a $52.00 target price on Cheniere Energy and gave the company a “buy” rating in a report on Friday, July 21st. Finally, BMO Capital Markets initiated coverage on Cheniere Energy in a report on Monday, September 25th. They set an “outperform” rating and a $60.00 target price for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $54.82.

Cheniere Energy, Inc. (NYSE LNG) traded up 0.34% during mid-day trading on Tuesday, reaching $47.88. The company had a trading volume of 137,923 shares. Cheniere Energy, Inc. has a 1-year low of $35.07 and a 1-year high of $51.41. The company’s market capitalization is $11.13 billion. The firm has a 50-day moving average of $44.25 and a 200 day moving average of $45.99.

In related news, CFO Michael J. Wortley acquired 5,000 shares of the stock in a transaction dated Wednesday, August 16th. The stock was acquired at an average cost of $41.96 per share, with a total value of $209,800.00. Following the purchase, the chief financial officer now directly owns 433,830 shares of the company’s stock, valued at $18,203,506.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jack A. Fusco acquired 23,750 shares of the stock in a transaction dated Monday, September 11th. The stock was bought at an average cost of $42.32 per share, with a total value of $1,005,100.00. Following the completion of the purchase, the insider now directly owns 399,985 shares in the company, valued at $16,927,365.20. The disclosure for this purchase can be found here. Insiders have acquired a total of 29,750 shares of company stock valued at $1,257,000 in the last 90 days.

Cheniere Energy 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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