Marshall Wace North America L.P. boosted its stake in Cheniere Energy, Inc. (NYSE:LNG) by 35.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,504 shares of the energy company’s stock after buying an additional 14,893 shares during the period. Marshall Wace North America L.P.’s holdings in Cheniere Energy were worth $2,818,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of LNG. Atria Investments LLC raised its stake in shares of Cheniere Energy by 0.4% in the second quarter. Atria Investments LLC now owns 6,804 shares of the energy company’s stock valued at $331,000 after buying an additional 24 shares during the period. Pointe Capital Management LLC raised its stake in shares of Cheniere Energy by 0.5% in the second quarter. Pointe Capital Management LLC now owns 15,055 shares of the energy company’s stock valued at $733,000 after buying an additional 76 shares during the period. Proficio Capital Partners LLC raised its stake in shares of Cheniere Energy by 2.1% in the second quarter. Proficio Capital Partners LLC now owns 5,060 shares of the energy company’s stock valued at $228,000 after buying an additional 102 shares during the period. Waldron LP raised its stake in shares of Cheniere Energy by 2.3% in the first quarter. Waldron LP now owns 6,550 shares of the energy company’s stock valued at $309,000 after buying an additional 150 shares during the period. Finally, Pacer Advisors Inc. raised its stake in shares of Cheniere Energy by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,972 shares of the energy company’s stock valued at $235,000 after buying an additional 159 shares during the period.

Shares of Cheniere Energy, Inc. (NYSE:LNG) opened at 43.66 on Friday. The stock has a 50 day moving average price of $43.71 and a 200-day moving average price of $46.33. Cheniere Energy, Inc. has a 1-year low of $35.07 and a 1-year high of $51.41. The company’s market cap is $10.15 billion.

COPYRIGHT VIOLATION WARNING: “Cheniere Energy, Inc. (LNG) Shares Bought by Marshall Wace North America L.P.” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another website, it was stolen and reposted in violation of U.S. and international copyright law. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/09/03/cheniere-energy-inc-lng-shares-bought-by-marshall-wace-north-america-l-p.html.

Several brokerages have issued reports on LNG. Zacks Investment Research lowered Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Scotiabank set a $52.00 target price on Cheniere Energy and gave the company a “buy” rating in a research note on Friday, July 21st. Morgan Stanley lowered Cheniere Energy from an “overweight” rating to an “equal weight” rating and set a $50.00 target price for the company. in a research note on Tuesday, June 13th. BidaskClub lowered Cheniere Energy from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 17th. Finally, ValuEngine lowered Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Friday. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. Cheniere Energy presently has a consensus rating of “Hold” and an average price target of $54.08.

In related news, General Counsel Sean N. Markowitz purchased 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average price of $42.10 per share, for a total transaction of $42,100.00. Following the completion of the transaction, the general counsel now owns 10,022 shares in the company, valued at approximately $421,926.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael J. Wortley purchased 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average price of $41.96 per share, with a total value of $209,800.00. Following the transaction, the chief financial officer now owns 433,830 shares of the company’s stock, valued at approximately $18,203,506.80. The disclosure for this purchase can be found here.

About Cheniere Energy

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.

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

Receive News & Stock Ratings for Cheniere Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy Inc. and related stocks with our FREE daily email newsletter.