Frontier Investment Mgmt Company Trimmed Cheniere Energy INC (LNG) Stake by $1.28 Billion as Stock Rose

July 12, 2018 - By Jeanette Kaplan

Cheniere Energy, Inc. (NYSEAMERICAN:LNG) LogoInvestors sentiment decreased to 1.05 in 2018 Q1. Its down 0.02, from 1.07 in 2017Q4. It dropped, as 31 investors sold LNG shares while 114 reduced holdings. 52 funds opened positions while 100 raised stakes. 222.00 million shares or 0.86% less from 223.92 million shares in 2017Q4 were reported. 1.83 million were reported by Nokota Management Lp. Royal Bancshares Of Canada, a Ontario – Canada-based fund reported 367,572 shares. Credit Suisse Ag holds 0.02% or 333,229 shares in its portfolio. Profund Advsrs Llc has 6,886 shares. Moreover, Finepoint Capital Limited Partnership has 20.51% invested in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) for 1.27M shares. 13,381 are held by Proshare Advsr Ltd Liability Corporation. Comerica Bankshares owns 0.01% invested in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) for 18,006 shares. Cwm Ltd Llc accumulated 0% or 500 shares. Wealthtrust holds 0.03% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) for 1,029 shares. Parkside Commercial Bank Tru invested 0% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Metropolitan Life Ins Com Ny owns 12,098 shares or 0% of their US portfolio. 67,845 are owned by Pillar Pacific Capital Limited Com. 3,942 are owned by Boothbay Fund Mgmt Lc. Fiera Capital Corp invested 0.13% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Advsr Asset Mgmt has invested 0.03% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG).

Since June 22, 2018, it had 0 buys, and 3 selling transactions for $585.90 million activity. ICAHN CARL C had sold 9.00 million shares worth $584.37M on Wednesday, June 27. Another trade for 3,406 shares valued at $234,064 was made by Zichal Heather on Friday, June 22.

Frontier Investment Mgmt Company decreased its stake in Cheniere Energy Inc (LNG) by 15.13% based on its latest 2018Q1 regulatory filing with the SEC. Frontier Investment Mgmt Company sold 23,920 shares as the company’s stock rose 10.47% while stock markets declined. The institutional investor held 134,165 shares of the public utilities company at the end of 2018Q1, valued at $7.17 billion, down from 158,085 at the end of the previous reported quarter. Frontier Investment Mgmt Company who had been investing in Cheniere Energy Inc for a number of months, seems to be less bullish one the $15.44 billion market cap company. The stock decreased 3.11% or $2 during the last trading session, reaching $62.23. About 4.22M shares traded or 74.82% up from the average. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 23.75% since July 12, 2017 and is uptrending. It has outperformed by 11.18% the S&P500.

Frontier Investment Mgmt Company, which manages about $1.19B and $1203.28 billion US Long portfolio, upped its stake in Dover Corporation (NYSE:DOV) by 6,311 shares to 138,075 shares, valued at $13.56 billion in 2018Q1, according to the filing. It also increased its holding in Exxon Mobil Corp (NYSE:XOM) by 86,682 shares in the quarter, for a total of 359,351 shares, and has risen its stake in Lamar Advertising Reit Co (NASDAQ:LAMR).

Analysts await Cheniere Energy, Inc. (NYSEAMERICAN:LNG) to report earnings on August, 14. They expect $0.28 EPS, up 122.76 % or $1.51 from last year’s $-1.23 per share. LNG’s profit will be $69.48M for 55.56 P/E if the $0.28 EPS becomes a reality. After $1.18 actual EPS reported by Cheniere Energy, Inc. for the previous quarter, Wall Street now forecasts -76.27 % negative EPS growth.

More news for Cheniere Energy, Inc. (NYSEAMERICAN:LNG) were recently published by: 247Wallst.com, which released: “Cheniere Energy Acquires Subsidiary With an Eye to Its Own MLP” on June 19, 2018. Nasdaq.com‘s article titled: “3 Potential Takeover Targets” and published on June 15, 2018 is yet another important article.

Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Institutional Positions Chart

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