Cheniere Energy, Inc. (LNG) Director David B. Kilpatrick Sells 20,000 Shares of Stock

Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Director David B. Kilpatrick sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $49.15, for a total transaction of $983,000.00. Following the sale, the director now directly owns 2,464 shares of the company’s stock, valued at approximately $121,105.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Cheniere Energy, Inc. (NYSEAMERICAN LNG) opened at $48.02 on Tuesday. Cheniere Energy, Inc. has a 52 week low of $38.70 and a 52 week high of $51.51.

Cheniere Energy (NYSEAMERICAN:LNG) last issued its quarterly earnings data on Tuesday, November 14th. The energy company reported ($1.24) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($1.08). The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.27 billion. Cheniere Energy’s revenue was up 201.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.41) earnings per share.

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A number of analysts have recently weighed in on the stock. Cowen and Company assumed coverage on shares of Cheniere Energy in a report on Friday. They set a “market perform” rating and a $56.00 price target for the company. BidaskClub downgraded shares of Cheniere Energy from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. Citigroup Inc. upped their price target on shares of Cheniere Energy from $57.00 to $59.00 and gave the stock a “buy” rating in a report on Thursday, November 16th. BMO Capital Markets assumed coverage on shares of Cheniere Energy in a report on Monday, September 25th. They set an “outperform” rating and a $60.00 price target for the company. Finally, J P Morgan Chase & Co cut their price target on shares of Cheniere Energy from $36.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. Cheniere Energy has an average rating of “Buy” and a consensus price target of $53.50.

Hedge funds have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its stake in shares of Cheniere Energy by 12.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 22,457 shares of the energy company’s stock valued at $1,094,000 after acquiring an additional 2,441 shares during the last quarter. Marshall Wace North America L.P. raised its stake in shares of Cheniere Energy by 35.0% during the second quarter. Marshall Wace North America L.P. now owns 57,504 shares of the energy company’s stock valued at $2,818,000 after acquiring an additional 14,893 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Cheniere Energy by 23.2% during the second quarter. BNP Paribas Arbitrage SA now owns 42,905 shares of the energy company’s stock valued at $2,090,000 after acquiring an additional 8,088 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Cheniere Energy by 48.6% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 64,164 shares of the energy company’s stock valued at $3,125,000 after acquiring an additional 20,993 shares during the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of Cheniere Energy by 22.1% during the second quarter. Janus Henderson Group PLC now owns 42,389 shares of the energy company’s stock valued at $2,065,000 after acquiring an additional 7,667 shares during the last quarter.

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.

Insider Buying and Selling by Quarter for Cheniere Energy (NYSEAMERICAN:LNG)

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