Cheniere Energy (LNG) : American Money Management scooped up 585 additional shares in Cheniere Energy during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 19,525 shares of Cheniere Energy which is valued at $839,380.Cheniere Energy makes up approximately 0.66% of American Money Management’s portfolio.
Other Hedge Funds, Including , Winch Advisory Services added LNG to its portfolio by purchasing 135 company shares during the most recent quarter which is valued at $5,804. Cheniere Energy makes up approx 0.01% of Winch Advisory Services’s portfolio.Swiss National Bank reduced its stake in LNG by selling 21,100 shares or 3.62% in the most recent quarter. The Hedge Fund company now holds 561,400 shares of LNG which is valued at $22,893,892. Cheniere Energy makes up approx 0.04% of Swiss National Bank’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. reduced its stake in LNG by selling 2,198 shares or 7.17% in the most recent quarter. The Hedge Fund company now holds 28,476 shares of LNG which is valued at $1,161,251. Cheniere Energy makes up approx 0.03% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.
Cheniere Energy opened for trading at $44.5 and hit $45.01 on the upside on Tuesday, eventually ending the session at $44.5, with a gain of 0.75% or 0.33 points. The heightened volatility saw the trading volume jump to 9,15,708 shares. Company has a market cap of $10,488 M.
On the company’s financial health, Cheniere Energy reported $-0.61 EPS for the quarter, missing the analyst consensus estimate by $ -0.12 based on the information available during the earnings call on Aug 9, 2016. Analyst had a consensus of $-0.49. The company had revenue of $176.80 million for the quarter, compared to analysts expectations of $64.08 million. The company’s revenue was up 160.0% compared to the same quarter last year.
Many Wall Street Analysts have commented on Cheniere Energy. Scotia Howard Weil Upgraded Cheniere Energy on Jun 14, 2016 to ” Sector Outperform”, Price Target of the shares are set at $52.
Cheniere Energy Inc. is an energy company engaged in Liquefied natural gas (LNG) businesses. The Company operates through two segments: LNG terminal business and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners L.P. (Cheniere Partners) which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings LLC (Cheniere Holdings) which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish Louisiana and the Corpus Christi LNG terminal near Corpus Christi Texas.