Quantbot Technologies LP trimmed its stake in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 71.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,561 shares of the energy company’s stock after selling 6,394 shares during the quarter. Quantbot Technologies LP’s holdings in Cheniere Energy were worth $115,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC purchased a new position in shares of Cheniere Energy in the second quarter worth $121,000. Van ECK Associates Corp raised its stake in shares of Cheniere Energy by 11.7% in the second quarter. Van ECK Associates Corp now owns 2,987 shares of the energy company’s stock worth $145,000 after purchasing an additional 312 shares during the last quarter. Atlantic Trust LLC purchased a new position in shares of Cheniere Energy in the second quarter worth $175,000. Fiduciary Trust Co. purchased a new position in shares of Cheniere Energy in the second quarter worth $188,000. Finally, WINTON GROUP Ltd purchased a new position in shares of Cheniere Energy in the second quarter worth $203,000.

Cheniere Energy, Inc. (NYSEAMERICAN:LNG) traded up $0.16 during trading on Monday, reaching $48.48. The company had a trading volume of 1,780,600 shares, compared to its average volume of 1,972,641. Cheniere Energy, Inc. has a 12 month low of $40.36 and a 12 month high of $51.51.

Cheniere Energy (NYSEAMERICAN:LNG) last posted its quarterly earnings data on Tuesday, November 14th. The energy company reported ($1.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($1.08). The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.27 billion. The business’s revenue was up 201.7% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.41) EPS.

Several research analysts have recently weighed in on LNG shares. BidaskClub cut Cheniere Energy from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 17th. ValuEngine cut Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. BMO Capital Markets started coverage on Cheniere Energy in a research note on Monday, September 25th. They issued an “outperform” rating and a $60.00 price target for the company. Scotiabank restated a “buy” rating and issued a $52.00 price target on shares of Cheniere Energy in a research note on Wednesday, October 25th. Finally, J P Morgan Chase & Co decreased their price target on Cheniere Energy from $36.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $53.50.

In related news, insider Jack A. Fusco purchased 23,750 shares of Cheniere Energy stock in a transaction on Monday, September 11th. The stock was acquired at an average price of $42.32 per share, for a total transaction of $1,005,100.00. Following the completion of the transaction, the insider now directly owns 399,985 shares in the company, valued at approximately $16,927,365.20. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director David B. Kilpatrick sold 20,000 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $49.15, for a total value of $983,000.00. Following the completion of the sale, the director now owns 2,464 shares of the company’s stock, valued at approximately $121,105.60. The disclosure for this sale can be found here.

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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.

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

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