Nfc Investments Lowers stake in Golar LNG Partners LP (GMLP)

Golar LNG Partners LP (GMLP) : Nfc Investments reduced its stake in Golar LNG Partners LP by 23.71% during the most recent quarter end. The investment management company now holds a total of 638,376 shares of Golar LNG Partners LP which is valued at $10.5 Million after selling 198,360 shares in Golar LNG Partners LP , the firm said in a disclosure report filed with the SEC on May 12, 2016.Golar LNG Partners LP makes up approximately 5.02% of Nfc Investments’s portfolio.

Other Hedge Funds, Including , Arrow Investment Advisors added GMLP to its portfolio by purchasing 46,350 company shares during the most recent quarter which is valued at $762,921. Golar LNG Partners LP makes up approx 0.16% of Arrow Investment Advisors’s portfolio.Cannell Peter B Co Inc boosted its stake in GMLP in the latest quarter, The investment management firm added 471,375 additional shares and now holds a total of 568,825 shares of Golar LNG Partners LP which is valued at $9.4 Million. Golar LNG Partners LP makes up approx 0.34% of Cannell Peter B Co Inc’s portfolio.Alps Advisors Inc boosted its stake in GMLP in the latest quarter, The investment management firm added 2,131 additional shares and now holds a total of 29,309 shares of Golar LNG Partners LP which is valued at $482,426.Trellus Management Company reduced its stake in GMLP by selling 25,000 shares or 64.38% in the most recent quarter. The Hedge Fund company now holds 13,834 shares of GMLP which is valued at $223,834. Golar LNG Partners LP makes up approx 0.61% of Trellus Management Company’s portfolio.

Golar LNG Partners LP opened for trading at $17.35 and hit $17.49 on the upside on Friday, eventually ending the session at $17.29, with a gain of 0.41% or 0.07 points. The heightened volatility saw the trading volume jump to 1,98,624 shares. Company has a market cap of $780,937 M.

Golar LNG Partners LP (Golar LNG Partners) owns and operates floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters. The Company operates a fleet of around six FSRU vessels and four LNG carriers. The Company’s FSRU vessels include Golar Spirit Golar Winter Golar Freeze NR Satu Golar Igloo and Golar Eskimo. The Company’s LNG carriers include Golar Mazo Methane Princess Golar Grand and Golar Maria. The Company charters its vessels to BG Group Pertamina Petrobras Dubai Supply Authority PTNR Eni S.p.A. KNPC and the Government of the Hashemite Kingdom of Jordan.

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