Is Cheniere Energy, Inc. a Buy? The Stock Had Bullish Options Activity Today

 Is Cheniere Energy, Inc. a Buy? The Stock Had Bullish Options Activity Today

In today’s session Cheniere Energy, Inc. (LNG) registered an unusually high (150) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious LNG increase. With 150 contracts traded and 11504 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: LNG161216C00040000 closed last at: $0.89 or 0% . About 1.10M shares traded hands. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 10.70% since April 5, 2016 and is uptrending. It has outperformed by 8.74% the S&P500.

Cheniere Energy, Inc. (NYSEMKT:LNG) Ratings Coverage

Out of 8 analysts covering Cheniere Energy Inc (NYSEMKT:LNG), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. Cheniere Energy Inc has been the topic of 12 analyst reports since July 23, 2015 according to StockzIntelligence Inc. On Wednesday, August 5 the stock rating was initiated by Credit Suisse with “Outperform”. The stock of Cheniere Energy, Inc. (NYSEMKT:LNG) has “Sector Outperform” rating given on Tuesday, June 14 by Howard Weil. The firm has “Overweight” rating given on Tuesday, September 6 by Barclays Capital. The firm has “Buy” rating given on Wednesday, January 13 by Citigroup. The stock of Cheniere Energy, Inc. (NYSEMKT:LNG) earned “Buy” rating by Goldman Sachs on Tuesday, February 23. The stock has “Market Perform” rating given by Bernstein on Wednesday, May 11. The rating was maintained by Barclays Capital with “Overweight” on Monday, October 12. Global Hunter Securities initiated it with “Accumulate” rating and $76 target price in Thursday, July 23 report.

According to Zacks Investment Research, “Cheniere Energy, Inc. is a Houston-based energy company primarily engaged in liquefied natural gas related businesses. The company owns and operates the Sabine Pass liquefied natural gas terminal in Louisiana through its 57.9% ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Ticker: CQP), which is a publicly traded partnership that the company created in 2007. The Sabine Pass LNG terminal is located on the Sabine Pass deep water shipping channel less than four miles from the Gulf Coast.”

Insitutional Activity: The institutional sentiment decreased to 0.89 in Q2 2016. Its down 0.31, from 1.2 in 2016Q1. The ratio dived, as 40 funds sold all Cheniere Energy, Inc. shares owned while 110 reduced positions. 40 funds bought stakes while 93 increased positions. They now own 206.38 million shares or 6.90% less from 221.68 million shares in 2016Q1.
Breton Hill owns 43,792 shares or 0.53% of their US portfolio. Guggenheim Lc, a Illinois-based fund reported 34,757 shares. World Asset Management Inc last reported 5,586 shares in the company. Stonehill Capital Mngmt Limited Liability Corp owns 353,942 shares or 5.51% of their US portfolio. Twin Tree Mngmt Limited Partnership holds 0.01% of its portfolio in Cheniere Energy, Inc. (NYSEMKT:LNG) for 19,541 shares. Royal London Asset Mngmt Limited holds 83,904 shares or 0.05% of its portfolio. Amalgamated Fincl Bank last reported 0.01% of its portfolio in the stock. Putnam Limited Com holds 35,233 shares or 0% of its portfolio. Neuberger Berman Grp Limited Liability Corp accumulated 0.14% or 2.68M shares. Nippon Life Ins accumulated 17,205 shares or 0.02% of the stock. Metropolitan Life Insurance Com Ny has invested 0% of its portfolio in Cheniere Energy, Inc. (NYSEMKT:LNG). Chesapeake Partners Mgmt Com Md owns 50,000 shares or 0.28% of their US portfolio. D E Shaw And accumulated 0.12% or 1.71M shares. Edge Wealth Llc owns 30 shares or 0% of their US portfolio. California State Teachers Retirement Sys holds 0.04% or 434,405 shares in its portfolio.

Insider Transactions: Since May 16, 2016, the stock had 6 buys, and 5 insider sales for $6.40 million net activity. $408,019 worth of Cheniere Energy, Inc. (NYSEMKT:LNG) shares were sold by BRANDOLINI NUNO. Shares for $350,400 were sold by Rayford Greg W. on Monday, May 16. 20,000 shares with value of $796,587 were sold by LEHOTSKY Ed on Monday, October 3. Fusco Jack A bought 34,223 shares worth $1.50 million. $405,339 worth of Cheniere Energy, Inc. (NYSEMKT:LNG) shares were sold by BOTTA G ANDREA. $67,438 worth of shares were sold by Wortley Michael J on Wednesday, August 17.

Cheniere Energy, Inc. is an energy company primarily engaged in liquefied natural gas related businesses. The company has a market cap of $8.75 billion. The Firm operates through two divisions: LNG terminal business and LNG and natural gas marketing business The Firm 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. It currently has negative earnings. The Firm owns approximately 100% of the general partner interest in Cheniere Partners and over 80% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability firm that owns approximately 56% limited partner interest in Cheniere Partners.

LNG Company Profile

Cheniere Energy, Inc., incorporated on March 25, 1983, is an energy firm primarily engaged in liquefied natural gas (LNG) related businesses. The Firm operates through two divisions: LNG terminal business and LNG and natural gas marketing business The Firm 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 Firm owns approximately 100% of the general partner interest in Cheniere Partners and over 80% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability firm that owns approximately 56% limited partner interest in Cheniere Partners.

More news for Cheniere Energy, Inc. (NYSEMKT:LNG) were recently published by: Fool.com, which released: “3 Reasons Cheniere Energy, Inc. Stock Could Rise” on September 12, 2016. Prnewswire.com‘s article titled: “Cheniere Energy, Inc. Reports Third Quarter 2016 Results” and published on November 03, 2016 is yet another important article.

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