Raymond James Financial Services Advisors Inc. lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,532 shares of the energy company’s stock after buying an additional 79 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Cheniere Energy were worth $708,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in LNG. Tower Research Capital LLC TRC acquired a new stake in shares of Cheniere Energy during the 2nd quarter worth approximately $121,000. Van ECK Associates Corp grew its position in shares of Cheniere Energy by 11.7% during the 2nd quarter. Van ECK Associates Corp now owns 2,987 shares of the energy company’s stock worth $145,000 after buying an additional 312 shares during the period. Fiduciary Trust Co. acquired a new stake in shares of Cheniere Energy during the 2nd quarter worth approximately $188,000. Greenwood Capital Associates LLC acquired a new stake in shares of Cheniere Energy during the 2nd quarter worth approximately $210,000. Finally, Proficio Capital Partners LLC grew its position in shares of Cheniere Energy by 2.1% during the 2nd quarter. Proficio Capital Partners LLC now owns 5,060 shares of the energy company’s stock worth $228,000 after buying an additional 102 shares during the period.

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Shares of Cheniere Energy, Inc. (LNG) opened at 46.40 on Tuesday. The firm’s market cap is $10.79 billion. The company has a 50-day moving average of $45.23 and a 200 day moving average of $45.90. Cheniere Energy, Inc. has a 52-week low of $35.07 and a 52-week high of $51.41.

Several analysts have recently commented on LNG shares. Scotiabank set a $52.00 price objective on shares of Cheniere Energy and gave the stock a “buy” rating in a research report on Friday, July 21st. BidaskClub downgraded shares of Cheniere Energy from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. BMO Capital Markets started coverage on shares of Cheniere Energy in a research report on Monday, September 25th. They set an “outperform” rating and a $60.00 price objective for the company. Zacks Investment Research raised shares of Cheniere Energy from a “hold” rating to a “strong-buy” rating and set a $56.00 price objective for the company in a research report on Tuesday, July 4th. Finally, ValuEngine downgraded shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $54.82.

In other news, CFO Michael J. Wortley purchased 5,000 shares of Cheniere Energy stock in a transaction that occurred on Wednesday, August 16th. The shares were bought at an average cost of $41.96 per share, with a total value of $209,800.00. Following the completion of the purchase, the chief financial officer now directly owns 433,830 shares in the company, valued at $18,203,506.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jack A. Fusco purchased 23,750 shares of Cheniere Energy stock in a transaction that occurred on Monday, September 11th. The stock was purchased at an average cost of $42.32 per share, for a total transaction of $1,005,100.00. Following the completion of the purchase, the insider now owns 399,985 shares of the company’s stock, valued at $16,927,365.20. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 29,750 shares of company stock worth $1,257,000.

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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