Cheniere Energy INC (LNG) Holder Hennessy Advisors INC Trimmed Its Stake by $16.62 Million as Shares Rose

April 17, 2018 - By Stephen Andrade

Cheniere Energy, Inc. (NYSEAMERICAN:LNG) LogoInvestors sentiment increased to 1.07 in 2017 Q4. Its up 0.10, from 0.97 in 2017Q3. It is positive, as 35 investors sold LNG shares while 109 reduced holdings. 50 funds opened positions while 104 raised stakes. 223.92 million shares or 3.92% more from 215.48 million shares in 2017Q3 were reported. Ameriprise Financial has invested 0% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Finepoint Cap Ltd Partnership, Massachusetts-based fund reported 1.59M shares. Cambridge Invest Rech Advisors Incorporated accumulated 21,332 shares or 0.01% of the stock. Supplemental Annuity Collective Tru Of Nj has 0.46% invested in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Jpmorgan Chase And accumulated 250,719 shares. Ftb Advsr accumulated 456 shares or 0% of the stock. 8,531 are held by Ww Asset. Parkside Commercial Bank And Tru reported 0% stake. Metropolitan Life Ins New York has invested 0.01% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Pinebridge Invs Limited Partnership has 0% invested in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Strs Ohio owns 9,772 shares. Hsbc Hldgs Public Ltd Co has 0% invested in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Fifth Third Savings Bank has invested 0% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Warren Averett Asset Mgmt Limited Liability Corp stated it has 150 shares. Winfield Assocs accumulated 0% or 20 shares.

Since December 15, 2017, it had 0 insider buys, and 2 selling transactions for $1.32 million activity. Shares for $315,760 were sold by BAILEY VICKY A on Tuesday, January 2.

Hennessy Advisors Inc decreased its stake in Cheniere Energy Inc (LNG) by 19.59% based on its latest 2017Q4 regulatory filing with the SEC. Hennessy Advisors Inc sold 313,500 shares as the company’s stock rose 0.11% while stock markets declined. The institutional investor held 1.29 million shares of the public utilities company at the end of 2017Q4, valued at $69.29M, down from 1.60M at the end of the previous reported quarter. Hennessy Advisors Inc who had been investing in Cheniere Energy Inc for a number of months, seems to be less bullish one the $13.74 billion market cap company. The stock increased 1.56% or $0.88 during the last trading session, reaching $57.78. About 1.89M shares traded. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 17.39% since April 17, 2017 and is uptrending. It has outperformed by 5.84% the S&P500.

Hennessy Advisors Inc, which manages about $5.52B and $3.26B US Long portfolio, upped its stake in Xpo Logistics Inc (NYSE:XPO) by 412,900 shares to 493,900 shares, valued at $45.24M in 2017Q4, according to the filing. It also increased its holding in National Grid Plc by 60,000 shares in the quarter, for a total of 1.14 million shares, and has risen its stake in Winnebago Inds Inc (NYSE:WGO).

Analysts await Cheniere Energy, Inc. (NYSEAMERICAN:LNG) to report earnings on May, 3. They expect $0.56 EPS, up 143.48 % or $0.33 from last year’s $0.23 per share. LNG’s profit will be $133.21 million for 25.79 P/E if the $0.56 EPS becomes a reality. After $0.54 actual EPS reported by Cheniere Energy, Inc. for the previous quarter, Wall Street now forecasts 3.70 % EPS growth.

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

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