Cheniere Energy, Inc. (LNG) Stake Lessened by Bank of Montreal Can
Bank of Montreal Can cut its stake in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 6.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 99,581 shares of the energy company’s stock after selling 6,846 shares during the period. Bank of Montreal Can’s holdings in Cheniere Energy were worth $5,361,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in LNG. Tower Research Capital LLC TRC acquired a new position in Cheniere Energy during the second quarter valued at $121,000. Atlantic Trust LLC acquired a new position in Cheniere Energy during the second quarter valued at $175,000. Shamrock Asset Management LLC acquired a new position in Cheniere Energy during the third quarter valued at $196,000. WINTON GROUP Ltd acquired a new position in Cheniere Energy during the second quarter valued at $203,000. Finally, Nine Chapters Capital Management LLC acquired a new position in Cheniere Energy during the third quarter valued at $207,000.
In other news, Director Vicky A. Bailey sold 5,800 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $54.44, for a total transaction of $315,752.00. Following the completion of the sale, the director now owns 35,765 shares in the company, valued at approximately $1,947,046.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 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. In the last quarter, insiders have sold 45,800 shares of company stock valued at $2,299,152.
Shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) opened at $56.01 on Friday. The stock has a market capitalization of $13,310.00, a PE ratio of -31.82 and a beta of 1.72. Cheniere Energy, Inc. has a 52 week low of $40.36 and a 52 week high of $60.22.
Cheniere Energy (NYSEAMERICAN:LNG) last released its quarterly earnings results on Tuesday, November 14th. The energy company reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($1.08). The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.27 billion. The business’s quarterly 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.
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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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