Steadfast Capital Management LP Has Lowered Cheniere Energy INC (LNG) Holding by $12.20 Million

April 25, 2018 - By Migdalia James

Cheniere Energy, Inc. (NYSEAMERICAN:LNG) LogoInvestors sentiment increased to 1.07 in Q4 2017. 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. Pillar Pacific Cap Mgmt Limited Liability Corporation stated it has 0.44% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). 3G Capital Ptnrs Limited Partnership has 1.23% invested in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) for 400,000 shares. Oakworth invested 0% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Fund Mgmt Sa stated it has 0.05% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Baupost Grp Inc Limited Liability Company Ma holds 20.73 million shares or 11.03% of its portfolio. X Mngmt holds 0.56% or 453,204 shares. Moreover, Sii Invests Wi has 0.03% invested in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) for 5,317 shares. 23,900 were accumulated by Nomura Asset Mgmt. Tudor Inv Corporation Et Al holds 0.02% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) for 15,515 shares. Ptnrs Lc invested in 0.1% or 60,900 shares. Ubs Asset Americas stated it has 0.03% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). State Of New Jersey Common Pension Fund D accumulated 1.00 million shares or 0.2% of the stock. Catalyst Capital Advsr Limited Company invested in 0.27% or 133,528 shares. Evercore Wealth Mngmt Limited reported 500 shares or 0% of all its holdings. 70,127 are owned by Group One Trading Limited Partnership.

Since December 15, 2017, it had 0 insider buys, and 2 sales for $1.32 million activity. On Friday, December 15 BRANDOLINI NUNO sold $1.00 million worth of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) or 20,000 shares.

Robert Pitts decreased its stake in Cheniere Energy Inc (LNG) by 3.85% based on its latest 2017Q4 regulatory filing with the SEC. Steadfast Capital Management Lp sold 230,247 shares as the company’s stock rose 0.11% while stock markets declined. The hedge fund run by Robert Pitts held 5.74M shares of the public utilities company at the end of 2017Q4, valued at $309.30M, down from 5.98 million at the end of the previous reported quarter. Steadfast Capital Management Lp who had been investing in Cheniere Energy Inc for a number of months, seems to be less bullish one the $13.59 billion market cap company. The stock increased 1.07% or $0.605 during the last trading session, reaching $57.155. About 333,227 shares traded. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 17.39% since April 25, 2017 and is uptrending. It has outperformed by 5.84% the S&P500.

Steadfast Capital Management Lp, which manages about $8.17B and $6.39 billion US Long portfolio, upped its stake in Teck Resources Ltd (NYSE:TCK) by 296,924 shares to 2.54M shares, valued at $66.42 million in 2017Q4, according to the filing. It also increased its holding in Steel Dynamics Inc (NASDAQ:STLD) by 1.56 million shares in the quarter, for a total of 4.57M shares, and has risen its stake in Nrg Energy Inc (NYSE:NRG).

Analysts await Cheniere Energy, Inc. (NYSEAMERICAN:LNG) to report earnings on May, 4 before the open. They expect $0.51 EPS, up 121.74 % or $0.28 from last year’s $0.23 per share. LNG’s profit will be $121.30 million for 28.02 P/E if the $0.51 EPS becomes a reality. After $0.54 actual EPS reported by Cheniere Energy, Inc. for the previous quarter, Wall Street now forecasts -5.56 % negative EPS growth.

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

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