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Strs Ohio boosted its stake in shares of Golar LNG Restricted (NASDAQ:GLNG – Get Score) by 977.1% within the third quarter, in accordance with its most up-to-date submitting with the Securities and Alternate Fee (SEC). The agency owned 37,700 shares of the transport firm’s inventory after buying a further 34,200 shares in the course of the quarter. Strs Ohio’s holdings in Golar LNG have been price $939,000 on the finish of the newest reporting interval.
A lot of different hedge funds and different institutional buyers have additionally added to or decreased their stakes in GLNG. Raymond James & Associates boosted its place in Golar LNG by 38.3% in the course of the 1st quarter. Raymond James & Associates now owns 14,041 shares of the transport firm’s inventory valued at $348,000 after buying a further 3,892 shares in the course of the interval. Cambridge Funding Analysis Advisors Inc. acquired a brand new place in Golar LNG in the course of the 1st quarter price $1,029,000. Citigroup Inc. boosted its place in Golar LNG by 102.0% in the course of the 1st quarter. Citigroup Inc. now owns 12,232 shares of the transport firm’s inventory price $303,000 after buying a further 630,818 shares in the course of the interval. Vanguard Group Inc. boosted its place in Golar LNG by 3.2% in the course of the 1st quarter. Vanguard Group Inc. now owns 549,152 shares of the transport firm’s inventory price $13,609,000 after buying a further 17,040 shares in the course of the interval. Lastly, Cohanzick Administration LLC acquired a brand new place in Golar LNG in the course of the 1st quarter price $37,000. Institutional buyers and hedge funds personal 72.45% of the corporate’s inventory.
Analysts Set New Value Targets
GLNG has been the topic of quite a few analyst stories. Deutsche Financial institution Aktiengesellschaft boosted their worth goal on Golar LNG from $17.00 to $33.00 and gave the inventory a “purchase” ranking in a analysis report on Thursday, November seventeenth. Financial institution of America upgraded Golar LNG from a “impartial” ranking to a “purchase” ranking and upped their worth goal for the corporate from $23.00 to $29.00 in a report on Thursday, September twenty ninth. Lastly, StockNews.com initiated protection on Golar LNG in a report on Wednesday, October twelfth. They issued a “maintain” ranking for the corporate. One equities analysis analyst has rated the inventory with a maintain ranking and 6 have assigned a purchase ranking to the inventory. In keeping with knowledge from MarketBeat.com, the inventory presently has a consensus ranking of “Average Purchase” and a consensus worth goal of $29.90.
Golar LNG Inventory Up 1.6 %
Shares of Golar LNG inventory opened at $22.82 on Friday. The agency has a market capitalization of $2.47 billion, a PE ratio of three.41 and a beta of 0.63. Golar LNG Restricted has a 12-month low of $12.14 and a 12-month excessive of $30.66. The corporate has a fast ratio of two.57, a present ratio of two.57 and a debt-to-equity ratio of 0.35. The inventory’s fifty day transferring common is $23.86 and its 200-day transferring common is $24.73.
Golar LNG (NASDAQ:GLNG – Get Score) final posted its quarterly earnings outcomes on Wednesday, November sixteenth. The transport firm reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.20. The agency had income of $67.91 million for the quarter, in comparison with analyst estimates of $66.18 million. Golar LNG had a return on fairness of 5.91% and a internet margin of 218.75%. Equities analysts anticipate that Golar LNG Restricted will submit 1.03 earnings per share for the present 12 months.
Golar LNG Firm Profile
(Get Score)
Golar LNG Restricted designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. It operates by way of Transport and FLNG segments. The corporate engages within the operation and chartering of LNG carriers, Floating Liquefaction Pure Fuel Vessel (FLNG), and floating storage regasification models (FSRUs), in addition to operates exterior vessels.
Additional Studying
Need to see what different hedge funds are holding GLNG? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Golar LNG Restricted (NASDAQ:GLNG – Get Score).
This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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