Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Shares Purchased by United Asset Strategies Inc.

United Asset Strategies Inc. increased its holdings in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 0.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,185 shares of the energy company’s stock after acquiring an additional 575 shares during the period. United Asset Strategies Inc.’s holdings in Cheniere Energy were worth $4,462,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. FMR LLC grew its holdings in Cheniere Energy by 2.3% in the first quarter. FMR LLC now owns 14,949,098 shares of the energy company’s stock valued at $1,021,920,000 after purchasing an additional 335,290 shares during the last quarter. Tortoise Capital Advisors L.L.C. grew its holdings in Cheniere Energy by 4.7% in the first quarter. Tortoise Capital Advisors L.L.C. now owns 7,922,721 shares of the energy company’s stock valued at $541,597,000 after purchasing an additional 352,597 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in Cheniere Energy by 29.3% in the first quarter. The Manufacturers Life Insurance Company now owns 6,085,787 shares of the energy company’s stock valued at $416,024,000 after purchasing an additional 1,378,792 shares during the last quarter. American Century Companies Inc. grew its holdings in Cheniere Energy by 21.0% in the first quarter. American Century Companies Inc. now owns 3,295,093 shares of the energy company’s stock valued at $225,253,000 after purchasing an additional 571,079 shares during the last quarter. Finally, Neuberger Berman Group LLC grew its holdings in Cheniere Energy by 10.7% in the first quarter. Neuberger Berman Group LLC now owns 3,021,337 shares of the energy company’s stock valued at $206,538,000 after purchasing an additional 293,236 shares during the last quarter.

Shares of Cheniere Energy stock traded down $0.61 during trading hours on Tuesday, reaching $60.64. The stock had a trading volume of 1,459,238 shares, compared to its average volume of 1,794,552. Cheniere Energy, Inc. has a 1 year low of $55.09 and a 1 year high of $71.03.

Cheniere Energy (NYSEAMERICAN:LNG) last posted its earnings results on Thursday, August 8th. The energy company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.59). The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.21 billion. During the same period in the prior year, the business posted ($0.07) EPS. The business’s quarterly revenue was up 48.5% on a year-over-year basis.

LNG has been the topic of several recent research reports. BTIG Research initiated coverage on Cheniere Energy in a research report on Tuesday, July 16th. They issued a “neutral” rating on the stock. Gabelli initiated coverage on Cheniere Energy in a research report on Monday, May 13th. They issued a “buy” rating on the stock. Zacks Investment Research upgraded Cheniere Energy from a “hold” rating to a “buy” rating and set a $74.00 price objective on the stock in a research report on Tuesday, July 2nd. Finally, Cowen restated an “outperform” rating and issued a $80.00 price objective (up from $78.00) on shares of Cheniere Energy in a research report on Tuesday, June 4th. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. Cheniere Energy currently has an average rating of “Buy” and an average price target of $77.80.

Cheniere Energy Company Profile

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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