Barber Financial Group Inc. Decreases Holdings in Cheniere Energy, Inc. (NYSEAMERICAN:LNG)

Barber Financial Group Inc. trimmed its stake in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 12.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,500 shares of the energy company’s stock after selling 500 shares during the period. Barber Financial Group Inc.’s holdings in Cheniere Energy were worth $221,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth Bank of Australia lifted its stake in shares of Cheniere Energy by 211,581.2% in the second quarter. Commonwealth Bank of Australia now owns 876,360 shares of the energy company’s stock worth $59,972,000 after buying an additional 875,946 shares in the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of Cheniere Energy by 29.8% in the third quarter. CIBC Private Wealth Group LLC now owns 2,105,952 shares of the energy company’s stock worth $132,801,000 after buying an additional 483,668 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of Cheniere Energy by 15,294.5% in the second quarter. Van ECK Associates Corp now owns 456,293 shares of the energy company’s stock worth $31,233,000 after buying an additional 453,329 shares in the last quarter. Prudential PLC purchased a new position in shares of Cheniere Energy in the second quarter worth about $30,108,000. Finally, Vanguard Group Inc. lifted its stake in shares of Cheniere Energy by 1.6% in the second quarter. Vanguard Group Inc. now owns 20,984,405 shares of the energy company’s stock worth $1,436,384,000 after buying an additional 323,798 shares in the last quarter.

Shares of LNG opened at $61.27 on Thursday. Cheniere Energy, Inc. has a 1-year low of $55.09 and a 1-year high of $70.60.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its quarterly earnings data on Friday, November 1st. The energy company reported ($1.25) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($1.33). The company had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.24 billion. The business’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.26 EPS.

Several equities analysts have recently weighed in on the stock. Morgan Stanley set a $76.00 price target on shares of Cheniere Energy and gave the stock a “hold” rating in a research note on Sunday, November 3rd. Zacks Investment Research downgraded shares of Cheniere Energy from a “hold” rating to a “sell” rating and set a $68.00 price target on the stock. in a research note on Thursday, September 12th. Raymond James raised shares of Cheniere Energy from a “market perform” rating to an “outperform” rating and set a $71.00 price target on the stock in a research note on Wednesday, October 23rd. Royal Bank of Canada assumed coverage on shares of Cheniere Energy in a research note on Monday, October 21st. They issued an “outperform” rating and a $84.00 price target on the stock. Finally, Barclays reissued a “buy” rating and issued a $83.00 price target on shares of Cheniere Energy in a research note on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $76.67.

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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