Cbre Clarion Securities LLC grew its position in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 14.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 355,774 shares of the energy company’s stock after buying an additional 46,155 shares during the period. Cbre Clarion Securities LLC owned 0.14% of Cheniere Energy worth $11,918,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Signaturefd LLC increased its position in shares of Cheniere Energy by 23.5% during the 4th quarter. Signaturefd LLC now owns 919 shares of the energy company’s stock valued at $56,000 after purchasing an additional 175 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in shares of Cheniere Energy by 0.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 35,200 shares of the energy company’s stock valued at $2,150,000 after purchasing an additional 200 shares during the last quarter. First Allied Advisory Services Inc. increased its position in shares of Cheniere Energy by 3.1% during the 4th quarter. First Allied Advisory Services Inc. now owns 7,180 shares of the energy company’s stock valued at $436,000 after purchasing an additional 214 shares during the last quarter. CWM LLC increased its position in shares of Cheniere Energy by 45.9% during the 4th quarter. CWM LLC now owns 810 shares of the energy company’s stock valued at $49,000 after purchasing an additional 255 shares during the last quarter. Finally, NEXT Financial Group Inc increased its position in shares of Cheniere Energy by 27.2% during the 1st quarter. NEXT Financial Group Inc now owns 1,281 shares of the energy company’s stock valued at $43,000 after purchasing an additional 274 shares during the last quarter.

LNG stock traded up $2.37 on Wednesday, reaching $49.66. 245,191 shares of the company traded hands, compared to its average volume of 2,930,823. Cheniere Energy, Inc. has a one year low of $27.06 and a one year high of $70.49.

Cheniere Energy (NYSEAMERICAN:LNG) last posted its quarterly earnings data on Thursday, April 30th. The energy company reported $1.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.96. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.62 billion.

In other Cheniere Energy news, Director Neal A. Shear bought 3,750 shares of Cheniere Energy stock in a transaction on Monday, March 9th. The stock was acquired at an average price of $37.28 per share, with a total value of $139,800.00. Following the acquisition, the director now owns 23,860 shares in the company, valued at $889,500.80. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Donald F. Robillard, Jr. bought 2,000 shares of Cheniere Energy stock in a transaction on Thursday, March 5th. The stock was acquired at an average cost of $46.96 per share, with a total value of $93,920.00. Following the acquisition, the director now owns 30,121 shares in the company, valued at approximately $1,414,482.16. The disclosure for this purchase can be found here. In the last three months, insiders acquired 26,750 shares of company stock valued at $1,227,860.

Several research firms recently issued reports on LNG. Cfra reduced their price target on Cheniere Energy from $57.00 to $51.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. JPMorgan Chase & Co. reduced their price target on Cheniere Energy from $47.00 to $46.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 18th. TheStreet upgraded Cheniere Energy from a “d+” rating to a “c” rating in a research report on Monday, April 20th. Cowen reduced their price target on Cheniere Energy from $75.00 to $60.00 and set a “reduce” rating on the stock in a research report on Wednesday, April 8th. Finally, Stifel Nicolaus reduced their price target on Cheniere Energy from $85.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $59.45.

About Cheniere Energy

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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